Fundraising Fox

Rachio

Denver, US · Founded 2013 · Delaware corporation · 31 employees on LinkedIn · 11 known investors

Find your way into Rachio

195 people in our graph share verified history with the Rachio team — schools, employers, funds. One of them is your warm intro.

Doug Nealunlockedknows Franz Garsombke · together at Rachio (overlapped)
×2knows the team · via Rally Software Development
knows the team · via UC Santa Barbara
×5knows the team · via Level 3 Communications
×3knows the team · via Colorado State University

Rachio makes smart irrigation controllers that automatically adjust watering based on weather, season, and local conditions to reduce outdoor water waste for residential properties. The company helps homeowners optimize lawn and garden watering with connected hardware and data-driven personalization.

Also known as Rachio, Inc.

Founders & leadership

Rachio was founded in 2013 by Franz Garsombke, Chris Klein, and Matt Reisman.

FGFranz Garsombke
Franz GarsombkeinCo-founder/CTOFranz Garsombke has held roles including CTO, enterprise architect, technical lead, and software developer across startups and enterprise organizations, with expertise in scalable systems development and agile methodologies. He is co-founder of the open-source Java mapping framework Dozer and serves as an executive officer at Rachio, which develops smart irrigation controllers for residential water management.
CKChris Klein
Chris KleininCo-founder / CEO
MR
Matt Reisman
GSGary Stone
Gary StoneinCFO2014–2016

Board

RH
Robert HawkBoard director
JH
Jonathan HallettBoard director
KKKarl Khoury
Karl KhouryinBoard MemberCo-founder + Partner at Arborview Capital
SA
Sherman AtkinsonBoard director
JM
Jordan MendellBoard director

Investors · 11

Reported raises · per SEC filings

Form D private placements

$20.5M disclosed across 4 rounds · 2014–2017

$10.5MraisedMay 2018 · 13 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Karl KhouryDirector
  • Franz GarsombkeExecutive Officer, Director, Promoter
  • Robert HawkDirector
  • Christopher M. KleinExecutive Officer, Director, Promoter
  • Jonathan HallettDirector
  • Sherman AtkinsonDirector
  • Benjamin CobbDirector
Offering amount
$10.5M
Amount sold
$10.5M
First sale
Dec 2017
Incorporated
Corporation, Delaware, 2013
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$7.1MraisedNov 2015 · 14 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Matthew ReismanPromoter
  • Franz GarsombkeExecutive Officer, Director, Promoter
  • Christopher M. KleinExecutive Officer, Director, Promoter
  • Gary StoneExecutive Officer
  • Robert HawkDirector
  • Jonathan HallettDirector
  • Karl KhouryDirector
  • Sherman AtkinsonDirector
Offering amount
$7.1M
Amount sold
$7.1M
First sale
Nov 2015
Incorporated
Corporation, Delaware, 2013
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$2.5MraisedNov 2014 · 27 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Gary StoneExecutive Officer
  • Franz GarsombkeExecutive Officer, Director
  • Jordan MendellDirector
  • Christopher KleinExecutive Officer, Director, Promoter
Offering amount
$3.4M
Amount sold
$2.5M
Minimum investment
$5K
First sale
Oct 2014
Incorporated
Corporation, Colorado, 2013
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$405KraisedJun 2014 · 4 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Franz GarsombkeExecutive Officer, Director
  • Christopher KleinExecutive Officer, Director
  • Jordan MendellDirector
Offering amount
$500K
Amount sold
$405K
Minimum investment
$5K
First sale
Jun 2014
Incorporated
Corporation, Colorado, 2013
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Rachio develops connected outdoor watering and lighting hardware paired with a mobile application. Its product line includes smart sprinkler controllers that replace conventional dial-based irrigation timers, smart hose timers that add app control and scheduling to an ordinary outdoor faucet, and low-voltage landscape lighting controllers that let users manage individual lighting zones or combine multiple controllers in one app.

The watering products use weather-driven features, marketed as Rain Skip and Smart Cycle, to adjust or skip scheduled irrigation based on conditions such as forecast rain, with the option for users to override system recommendations. The company states it introduced the first WiFi-connected controller more than a decade ago and has continued iterating on the product since. Hardware is priced from $199.99 for the smart sprinkler controller and from $299.00 for the smart lighting controller.

Business model

Sale of connected outdoor hardware (sprinkler controllers, hose timers, lighting controllers) used together with the free Rachio mobile app, which serves as the control and scheduling interface.

Revenue from sales of hardware devices at stated list prices, including the smart sprinkler controller from $199.99 and the smart lighting controller from $299.00.

Traction

The Rachio app is reported to hold a 4.9-star rating across more than 150,000 reviews on the Apple App Store.

Latest developments

Expansion beyond irrigation into low-voltage landscape lighting with dedicated hardware and software, alongside smart hose timers and integrations with Tempest weather stations and EveryDrop flow meters.

Full profile — market position, technology, go-to-market

Market position

Positions itself as an early entrant in WiFi-connected irrigation control, citing recurring recommendations from outlets including The New York Times and a highly rated consumer app.

Technology

WiFi-connected irrigation and lighting controllers managed through the Rachio mobile app. Watering logic incorporates weather intelligence and features such as Rain Skip and Smart Cycle to reduce unnecessary irrigation, with continuous app updates driven by customer feedback. The platform integrates with third-party devices including Tempest weather stations and EveryDrop flow meters, and supports management of multiple controllers and individual zones from a single app.

Go-to-market

Direct online sales through the company website, supported by an email subscriber program offering product updates, periodic sales and discounts, and customer surveys; customer testimonials include both homeowners and landscaping contractors.

Residential homeowners with sprinkler systems, yards, or outdoor faucets, as well as landscaping and irrigation service companies that install and adjust controllers on behalf of clients.

Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
HeadcountAug 202631
Rachio App rating on Apple App StoreJan 20244.9 stars
Rachio App reviews on Apple App StoreJan 2024over 150,000
Smart Lighting Controller starting priceJan 2024$299
Smart Sprinkler Controller starting priceJan 2024$199.99

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 2

by search overlap

Companies competing with Rachio for the same Google search keywords, organic and paid, via search-intersection analysis.

Legal entities · 1

corporate structure
RachioDelaware

In the news

Research sources · 1

primary sources listed

1 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Rachio do?
Rachio builds WiFi-connected smart sprinkler controllers, hose timers, and low-voltage landscape lighting controllers for homeowners.
Who founded Rachio?
Rachio was founded by Franz Garsombke, Chris Klein, Matt Reisman in 2013.
Who are Rachio's investors?
Rachio's investors include 500 Global, Arborview Capital, BLH Venture Partners, LLC, Eastside Partners, eLab Ventures, MetaProp, MetaProp Ventures, Service Provider Capital and 3 more.
How much funding has Rachio raised?
Rachio has disclosed $20.5M raised across 4 rounds.
Where is Rachio headquartered?
Rachio is headquartered in Denver, US.