Radar › Companies › Facility Management Tech · Illinois
Radar · Facility Management Tech in Illinois

Best Facility Management Tech Companies in Illinois, United States

The 64 best Facility Management Tech companies in Illinois, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: SMS Assist.

64companies tracked
$403.4Mdisclosed funding
1unicorns
15have raised

Ranked: Best Facility Management Tech companies in Illinois

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackPatents & IP focusRecent signals
1SMS Assist 🦄
Provider of SaaS-driven maintenance management solutions for commercial spaces
$255M120 mo agoAcquiredJay McKee
CEO
2003Apple iCloud MailEnvoyBootstrap+84 patents
Software algorithms for defining and managing geographic service area boundaries
—
2Univa
Data center optimization and HPC workload management solution
$46M107 mo agoAcquired—2004———
3Rheaply
SaaS-driven procurement management software
$35M14 mo agoSeries BGarry Cooper
Co-Founder & CEO
2016WordPressApple iCloud MailGoogle Workspace+35——
4Cohesion
Provider of a platform for smart building management and operations
48Growth top 20%Funding top 35%Tech top 37%Talent top 38%
All 12 signals ▾
Growthtop 20%
Fundingtop 35%
Techtop 37%
Talenttop 38%
Moattop 41%
Producttop 47%
Globalbottom 40%
Innovationbottom 36%
Marketbottom 35%
Patentsbottom 34%
Newsbottom 21%
Customersbottom 9%
Growth: Headcount 21 → 44 (+110%) across vintages · 1 acquisition/expansion move in 24 mo
Funding: Raised $30.2M across 4 rounds · 4 rounds over 6 yrs (0.7/yr)
rank vs industry peers · Fliar Intelligence Index 48/100
$30M7 mo agoSeries ANick Lawrence
Co-Founder
2018WebflowZohoZepto+253 patents
Patents concentrated in computing, sensing & instrumentation
—
5FreshAir Sensor
Developer of an air-sensor device to detect tobacco and marijuana smoke
55Talent top 22%Moat top 31%Innovation top 35%Growth top 35%
All 10 signals ▾
Talenttop 22%
Moattop 31%
Innovationtop 35%
Growthtop 35%
Fundingtop 38%
Patentstop 38%
Producttop 40%
Techtop 48%
Marketbottom 32%
Globalbottom 31%
Talent: Analyst team rating 5/5 · 3 named leaders on record
Moat: Editorial + unicorn rating 7/10 · IP moat: 15 patents
rank vs industry peers · Fliar Intelligence Index 55/100
$12M19 mo agoSeries BJohn O'Toole
Co-Founder
2013WordPressMySQLPHP+3015 patents
Selective VOC and gas sensing using molecularly imprinted polymer sensor technologies
—
6Buildings As Batteries
Developer of thermal energy storage system for commercial building applications
$8M95 mo agoSeries AGregor Henze
Co-Founder
2007———
7Goby
SaaS-driven platform offering energy management solutions
$7M64 mo agoAcquired—2008—2 patents
Modular hygienic inductive charging stands for handheld electronic devices
—
8Sigora International
Provider of smart micro grid platform and smart meters
$3M102 mo agoSeedAndy Bogdan Bindea
Founder & CEO
2015———
9Indie Energy
Provider of geothermal heating and cooling solutions
$2M199 mo agoFunding RaisedEric Schrock
CEO
2006———
10Eta Vision
Offers data center energy management solutions
$2M96 mo agoSeedMichael Lingle
CEO & Cofounder
2015———
11iTRACS
AI-enhanced DCIM solution for smarter, data-driven infrastructure management
$2M194 mo agoAcquiredJames Sherrin
CEO & Director
1987WordPressMySQLPHP+1133 patents
Monitoring and diagnosing data port connection patterns in hardware interfaces
—
12Route
SaaS-driven business management platform for the building services industry
$100K47 mo agoFunding RaisedRicardo Regalado
Founder & CEO
2007WordPress Site EditorElementorWordPress+325 patents
Remote desktop access solutions and email message rerouting technologies
—

Top 12 Facility Management Tech companies in Illinois

#1
Series A · Chicago, Illinois · founded 2018 · 44 employees
$30.2Mraised
▾

Provider of a platform for smart building management and operations. The platform offers solutions for access control, experience enhancement, and maintenance. It consolidates data from building systems, software, and sensors into a unified platform. The platform also provides advisory services for planning, solution design, and system integrations.

Fliar Intelligence Index™ 48how this company ranks against its industry peers
Growth
top 20%
Funding
top 35%
Tech
top 37%
Talent
top 38%
Moat
top 41%
Product
top 47%
Growth: Headcount 21 → 44 (+110%) across vintages · 1 acquisition/expansion move in 24 mo · Fresh capital in last 24 mo
Funding: Raised $30.2M across 4 rounds · 4 rounds over 6 yrs (0.7/yr) · Last round Series A (Nov 2025)
Tech: 43 technologies across 5/8 capability areas · Cloud: Cloudflare · Observability: Microsoft Clarity
Audience (LinkedIn): 5k LinkedIn followers — 9.5% of this cohort's audience
Funding rounds
  • Nov 2025Series A$250K
  • Nov 2021Series A$15M
  • Jul 2021Seed$7M
  • Jul 2020Seed$8.2M
Founders & team
Nick LawrenceCo-FounderThru ShivakumarChief Executive Officer + Co-Founder
Investors
Morgan Stanley Next Level Fund, Wintrust, Three Bridges Private Capital, Frasers Property, HPA, CMT Digital
Tech stack
ActivecampaignCloudflareCloudflare Bot ManagementCloudflare TurnstileConstant ContactCore-Js
#2
Series B · Chicago, Illinois · founded 2016 · 71 employees
$35.5Mraised
▾

SaaS-driven procurement management software. The company offers 'Rheaply AxM' - an online inventory management software, which enables organizations to lower procurement and storage costs and manage their assets. Features include automated listings, automated notification & messages, and automated reporting.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 10k LinkedIn followers — 16.8% of this cohort's audience
Activity: 1 partnerships (incl. Wellstar Health System) announced in 12 mo
Funding rounds
  • Apr 2025Series B$1M
  • Mar 2023Series B$15.2K
  • Jun 2022Series B$20M
  • Dec 2021Grant (prize money)$100K
Founders & team
Garry CooperCo-Founder & CEOTyler SkeltonCo-Founder
Investors
HPA, Concentric Equity Partners, M25, Techstars, Revolution, PSP Partners
Tech stack
AddtoanyAddtoany Share ButtonsAmazon CloudfrontAmazon S3Amazon Web ServicesApple Icloud Mail
#3
Series B · Lebanon, Illinois · founded 2013 · 36 employees
$11.8Mraised
▾

Developer of an air-sensor device to detect tobacco and marijuana smoke. It provides a two-plug adapter that fits over existing wall outlets and leverages Wi-Fi to send infraction information to a central monitoring system, which results in an email to the admin. Its device comprises polymer sensors that detect specific airborne chemicals like the biological receptors in the human body that is by binding only with the target molecule, making them sensitive and specific and resetting when the target molecules are cleared. It also provides an app that allows users to monitor the detection of smoke.

Fliar Intelligence Index™ 55how this company ranks against its industry peers
Talent
top 22%
Moat
top 31%
Innovation
top 35%
Growth
top 35%
Funding
top 38%
Patents
top 38%
Talent: Analyst team rating 5/5 · 3 named leaders on record · 3 C-suite/founder profiles curated
Moat: Editorial + unicorn rating 7/10 · IP moat: 15 patents
Innovation: 15 patents (top 58% of patent-holders) · 13 filings since 2022 vs 2 in 2017-21 · Deep-tech classification: Tech Hardware
Audience (LinkedIn): 746 LinkedIn followers
Funding rounds
  • Nov 2024Series B$3.7M
  • May 2023Series A$1M
  • Sep 2019Grant (prize money)$1.5M
  • Jan 2019Series A$3.5M
Founders & team
John O'TooleCo-FounderJoe BelBrunoCo-FounderTrip DavisCEO
Investors
HHS, Dartmouth Regional Technology Center
Tech stack
Amazon S3Amazon Web ServicesAstraCloudflareCloudflare Bot ManagementCloudflare Browser Insights
#4
Acquired · Chicago, Illinois · founded 2003 · 782 employees
$255Mraised
▾

Provider of SaaS-driven maintenance management solutions for commercial spaces. It integrates clients, affiliates, and employees in one online tech-enabled platform. It offers various managed like vendor management, facility management, work order management, call center management, quality assurance, and asset management. It also offers training and education programs to its technicians.

Funding rounds
  • Jun 2016Series D$150M
  • May 2015Series C$45M
  • Oct 2013Series B$45M
  • Jun 2011Series A$15M
Founders & team
Jay McKeeCEO
Investors
Pritzker Group, Insight Partners, Goldman Sachs Investment Partners, Goldman Sachs, Brookside Equity Partners, Kemmons Wilson Companies
Tech stack
AmplitudeApple Icloud MailBootstrapCart FunctionalityDocusignEnvoy
#5
Acquired · Hoffman Estates, Illinois · founded 2004 · 12 employees
$46.4Mraised
▾

Univa offers data center optimization and HPC workload management solution. The company's product offering is gridEngine, an HPC workload management solution. Also offers tools to provide optimization and management software for traditional, dynamic and cloud data centers. The products are used to improve resource sharing, amplify the efficiency of people and processes, and increase application and license utilization. The company offers an integrated product set for managing shared, high-demand data center resources ranging from workload management to policy-driven provisioning across physical, virtual and cloud resources.

Funding rounds
  • Jun 2017Series C$3.5M
  • Oct 2015Series C$250K
  • May 2014Series C$500K
  • Feb 2012Series C$10.4M
Investors
Core Capital Partners, Hatteras Funds, iandpdev.com, Arch Venture Partners, Pritzker Group, Appian Ventures
Tech stack
WistiaAmazon Web ServicesGoogle Tag ManagerUsercentricsLinkedin AdsHsts
#6
Acquired · Chicago, Illinois · founded 2008 · 33 employees
$7.4Mraised
▾

SaaS-driven platform offering energy management solutions. The platform helps building owners, architects, management companies, tenant representatives, tenants, and contractors integrate green thinking into their decision-making processes and policies. It facilitates owners to manage their entire portfolio on the cloud, turning data into actionable information.

Funding rounds
  • Jan 2021Series A$1.9M
  • Sep 2019Series A—
  • Dec 2015Series A$5M
  • Aug 2014Seed$500K
Investors
Second Century Ventures, Greensoil PropTech Ventures, Riverside, REACH
Tech stack
WordpressMysqlPhpYoast SeoApache Http ServerEwww Image Optimizer
#7
Series A · Chicago, Illinois · founded 2007
$7.6Mraised
▾

Developer of thermal energy storage system for commercial building applications. The system utilizes building materials as a thermal energy storage medium. It manages thermal load profiles to reduce energy consumption. The system aims to reduce carbon emissions as a byproduct.

Funding rounds
  • Jul 2018Grant (prize money)$1.1M
  • Jul 2011Series A$7.2M
  • Oct 2010Seed$450K
Founders & team
Gregor HenzeCo-FounderVincent CushingCo-Founder
Investors
Battery Ventures, Rho Capital Partners, OSTI
#8
Seed · Chicago, Illinois · founded 2015 · 36 employees
$2.9Mraised
▾

Sigora International has developed a smart microgrid management system enabled with smart meters for rural households and microgrid areas. It offers proprietary pre-pay enabled smart meters and cloud-based network system which can identify thefts, demand control with secure RF communications. Its subsidiary Signora Haiti has developed a smart micro utility system in Haiti to demonstrate its technology.

Funding rounds
  • Dec 2017Seed$2M
  • Oct 2016Seed$649.7K
  • Dec 2015Conventional Debt$50K
  • Seed$200K
Founders & team
Andy Bogdan BindeaFounder & CEO
Investors
Evergreen Climate Innovations, Ground Squirrel Ventures
#9
Seed · Chicago, Illinois · founded 2015 · 8 employees
$2Mraised
▾

Offers data center energy management solutions It works with data centers and utilities to maximize infrastructure flexibility, reliability, and efficiency and improve operator visibility through a smart zero management sensor network and control system. Their system offers real-time physical visualization, monitoring, and also cloud and API connectivity.

Funding rounds
  • Jun 2018Seed$2M
  • Seed—
Founders & team
Michael LingleCEO & Cofounder
Investors
Wasson Enterprise, JetPath, MATH Venture Partners, NOVA8 Ventures
#10
Funding Raised · Evanston, Illinois · founded 2006 · 8 employees
$2.5Mraised
▾

Provider of geothermal heating and cooling solutions. It provides smart geothermal heating and cooling technologies for commercial and public buildings.

Funding rounds
  • Nov 2009Grant (prize money)$2.5M
Founders & team
Eric SchrockCEO
Investors
DOE
#11
Acquired · Oak Brook, Illinois · founded 1987 · 15 employees
$1.8Mraised
▾

AI-enhanced DCIM solution for smarter, data-driven infrastructure management. It is a software solution that empowers data center managers to optimize physical infrastructure. It offers unified asset visibility across data centers, inside plants, and outside plants, enabling data-driven management. The platform allows users to visualize and optimize infrastructure, access and analyze data on asset management, network connectivity, and power connectivity. Users can plan, design, monitor, troubleshoot, simulate, and test infrastructure performance. It facilitates remote data center management, comprehensive connectivity mapping, and seamless integration with third-party applications through REST APIs. The solution provides powerful reporting, full 3D visualization, detailed asset management, and granular security. It is a go-to solution for managing data centers, smart buildings, and wide area environments, including ISP and OSP networks. It offers control, efficiency, and foresight in managing resources. It provides white papers, brochures, and guides for in-depth knowledge and offers professional services for support from setup to maintenance.

Funding rounds
  • Apr 2010Unattributed$1.8M
Founders & team
James SherrinCEO & Director
Investors
Hopewell Ventures
Tech stack
WordpressMysqlPhpNginxBluehost
#12
Funding Raised · Chicago, Illinois · founded 2007 · 11 employees
$100Kraised
▾

SaaS-driven business management platform for the building services industry. The platform enables users to automate building workflow operations with features such as job scheduling, team management, proposal generator, workflow management, inspection reports, and more. It earns revenue through monthly/yearly subscription-based plans. Their apps are available for Android and iOS devices.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers — 3.3% of this cohort's audience
Funding rounds
  • Jul 2022Grant (prize money)$100K
Founders & team
Ricardo RegaladoFounder & CEO
Investors
Google Ventures
Tech stack
Amazon CloudfrontAmazon Web ServicesAngularCart FunctionalityCloudflareCloudflare Bot Management

Funding & investor landscape

$403.4Mtotal disclosed funding
13companies funded
50disclosed rounds
0rounds last 90 days
Most active investors
HPA2 rounds
Pritzker Group2 rounds
Slojo Investments2 rounds
100 Black Angels & Allies Fund1 rounds
ASVC1 rounds
Ad-Venture Capital Management1 rounds
Alestra1 rounds
Allegro Investment Fund1 rounds
Appian Ventures1 rounds
Arch Venture Partners1 rounds

Notable founders

Nick Lawrence
Co-Founder · Cohesion
Thru Shivakumar
Chief Executive Officer + Co-Founder · Cohesion
Garry Cooper
Co-Founder & CEO · Rheaply
Tyler Skelton
Co-Founder · Rheaply
John O'Toole
Co-Founder · FreshAir Sensor
Joe BelBruno
Co-Founder · FreshAir Sensor
Jay McKee
CEO · SMS Assist
Gregor Henze
Co-Founder · Buildings As Batteries
Vincent Cushing
Co-Founder · Buildings As Batteries
Andy Bogdan Bindea
Founder & CEO · Sigora International
Michael Lingle
CEO & Cofounder · Eta Vision
Eric Schrock
CEO · Indie Energy
Prism market signals · United States · country-scoped Prism corpus, 19,013,911 docs

Market landscape — 10 sub-themes by coverage

Share of Facility Management Tech coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many Facility Management Tech companies are there in Illinois, United States?
Radar tracks 64 indexable Facility Management Tech companies headquartered in Illinois, United States that meet our profile-completeness bar.
What is the total funding raised by Facility Management Tech companies in Illinois, United States?
The Facility Management Tech companies in Illinois, United States on this list have raised a combined $403.4M in disclosed equity funding across 13 funded companies.
Which is the highest-funded Facility Management Tech company in Illinois, United States?
SMS Assist is the highest-funded Facility Management Tech company in Illinois, United States, with $255M in disclosed equity funding.
How many Facility Management Tech companies in Illinois, United States are funded?
13 of the 64 Facility Management Tech companies in Illinois, United States on this list have disclosed at least one equity funding round.
How many Facility Management Tech unicorns are there in Illinois, United States?
1 Facility Management Tech company in Illinois, United States on this list is valued at $1B or more.
Who are the top investors in Illinois, United States Facility Management Tech companies?
The most active investors in Illinois, United States Facility Management Tech companies on this list include HPA, Pritzker Group, Slojo Investments, 100 Black Angels & Allies Fund, ASVC.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

Coming soon