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Company profile: Rachio

1.1 - Company Overview

Rachio Logo

Rachio

Headquarter: United States
Founded: 20XX🔒
Employees: 100-500🔒

Company description

  • Provider of software and hardware solutions to improve home water efficiency, including the Rachio 3 Smart Sprinkler Controller, the Rachio app for scheduling, weather-based adjustments and remote management, a Smart Hose Timer, cloud-based sprinkler control, virtual trainings, utility programs with discounted controllers, and a recycling program for old irrigation controllers.

Products and services

  • Rachio App: Cloud-based mobile application delivering scheduling, weather-based adjustments, and remote management of Rachio smart sprinkler systems via iOS or Android, enabling precise, hands-on irrigation control from anywhere
  • Smart Hose Timer: App-controlled device that converts a standard garden hose into smart irrigation, enabling automated schedules and remote-controlled watering for flexible outdoor watering management
  • Rachio 3 Smart Sprinkler Controller: WiFi-enabled controller enabling homeowners to manage outdoor sprinklers via iOS or Android, with weather-based adjustments and remote control through the app for water-efficient irrigation

Key contacts

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Financial details

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1.2 - Competitors and similar companies to Rachio

Buoy Logo

Buoy

HQ: United States Website
  • Description: Provider of smart home IoT devices for managing household water use, including Buoy, a device that measures and categorizes water usage, provides leak notifications, and enables remote water shutoff to help homeowners reduce utility costs and prevent water damage.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Buoy company profile →
Eelectron Logo

Eelectron

HQ: Italy Website
  • Description: Provider of KNX-based electronic hardware and software for hotel automation, offering devices such as a KNX bridge with integrated IP interface and power supply (MQTT-enabled), DIN relay modules with current sensing, capacitive thermostat controllers, ceiling presence and environmental sensors, universal I/O modules, and multifunction flush-mount interfaces for lighting and HVAC control.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Eelectron company profile →
Myfox Logo

Myfox

HQ: France Website
  • Description: Provider of innovative home security solutions that prevent intrusions before they happen and protect privacy, delivering proactive deterrence for true peace of mind. For over a decade, committed to redefining home security with simple, unique solutions.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Myfox company profile →
Thington Logo

Thington

HQ: United States Website
  • Description: Provider of a consumer-facing smart home product that enables interaction with connected devices, leveraging expertise in location, social networks, and the web of data.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Thington company profile →
Crestron Logo

Crestron

HQ: United States Website
  • Description: Provider of home automation and audio/video control systems, offering video conferencing (Crestron Flex) with one-touch join for dispersed workforces, AV-over-IP (DM NVX), intelligent video for meetings, AirMedia wireless conferencing, the Crestron Home OS 4 smart home platform for residential settings, and desk and room scheduling solutions with panels and indicators.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Crestron company profile →
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2.M&A buyers

2.1 Potential strategic acquirers in the sector

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2.2 - Strategic buyer groups for Rachio

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Buyer group 1: ████████ ████████

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Buyer group 2: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms

3.1 - Buyout funds investing in similar companies to Rachio

2.2 - Growth funds investing in similar companies to Rachio

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4 - Top valuation comps for Rachio

4.2 - Public trading comparable groups for Rachio

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4.3 - M&A Transactions similar to Rachio

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

About Rachio

What does Rachio do?

Rachio is a provider of software and hardware solutions to improve home water efficiency, including the Rachio 3 Smart Sprinkler Controller, the Rachio app for scheduling, weather-based adjustments and remote management, a Smart Hose Timer, cloud-based sprinkler control, virtual trainings, utility programs with discounted controllers, and a recycling program for old irrigation controllers.

Who are Rachio's competitors?

Rachio's competitors and similar companies include Buoy, Eelectron, Myfox, Thington, and Crestron.

Where is Rachio headquartered?

Rachio is headquartered in United States.

How many employees does Rachio have?

Rachio has 1,000 employees 🔒.

When was Rachio founded?

Rachio was founded in 2010 🔒.

What sector and industry vertical is Rachio in?

Rachio is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for Rachio

Who are the top strategic acquirers in Rachio's sector and industry

Top strategic M&A buyers and acquirers in Rachio's sector include ████████, ██████████, ██████, ████████, and ██████████ 🔒.

Which M&A buyer groups are most relevant for Rachio?

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Financial Investors investing in Rachio's sector and industry vertical

Which are the top PE firms investing in Rachio's sector and industry vertical?

Top PE firms investing in Rachio's sector and industry vertical include ████████, ██████████, ████████, and ██████████ 🔒.

Who are the top buyout funds acquiring in Rachio's sector and industry vertical?

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Who are the top growth equity funds investing in companies in Rachio's sector and industry vertical?

Growth funds and venture capital funds investing in companies similar to Rachio include █████████, ██████████, ████████████, and ████████████ 🔒.

Valuation benchmarks of companies in Rachio's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for Rachio?

The key public trading comparables and valuation benchmarks for Rachio include █████████, ██████████, ████████████, and ████████████ 🔒.

Which are the key trading comparable groups for Rachio for public valuation benchmarks?

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What are recent M&A transactions in Rachio's sector and industry vertical?

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What are recent capital raises and funding rounds in Rachio's' sector and industry vertical?

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