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Rachio, Inc.

DENVER, CO · Founded 2013 · CIK 0001592541 · Software

Smart irrigation controllers that automate watering systems via mobile app

rachio.com →
Grants
—
No SBIR or STTR on record
Sector median: 0
Raised
$20M
5 Form D · Dec 2017
106 months since last filing
Contracts
—
No federal contracts on record
Patents
40
26 granted · 14 pending
Sector median: 0

Capital Timeline

Federal above the line · equity below · node area scaled to amount
Capital and federal award history
DateEventSourceAmount
Private capital raisedForm D · SEC$25,000
Private capital raisedForm D · SEC$405,000
Private capital raisedForm D · SEC$2,490,260
Private capital raisedForm D · SEC$7,120,925
Private capital raisedForm D · SEC$9,830,142
Form D · SEC

Peer position

Software · 4096 companies · ranked on federal contract value
Software companies ranked by federal contract value
#CompanyContractsDisclosed equity
2988Narada AI Inc.—$8.2M
2989GEOLABE LLC——
2990FLAVORMETRICS CORP.—$1.0M
2991Rachio, Inc.—$20M
2992MATHINVESTMENTS, INC.——
2993ClearBlade, Inc.—$12M
2994CORR-JENSEN INC.—$1.3M

Ranked on federal contract value rather than capital raised. The equity column is the comparison worth making — companies at the same procurement position often sit at very different points in their funding history.

Founders & Team

From Form D filings · 10 related persons
  • Sherman AtkinsonDirector
  • Benjamin CobbDirector
  • Franz GarsombkeDirector · Executive Officer · Promoter
  • Jonathan HallettDirector
  • Robert HawkDirector
  • Karl KhouryDirector
  • Christopher KleinDirector · Executive Officer · Promoter
  • Jordan MendellDirector
  • Matthew ReismanDirector · Executive Officer · Promoter
  • Gary StoneExecutive Officer

Patents

USPTO · 26 granted of 40