Fundraising Fox

Rachio

<UNKNOWN>, US · Founded 2013 · Delaware corporation · 9 known investors

rachio.com ↗

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.

Climate TechConsumerHardwareIoTin /rachio@rachioco

Founders & leadership

FG
Franz GarsombkeExecutive Officer, Director, Promoter
CM
Christopher M. KleinExecutive Officer, Director, Promoter
GS
Gary StoneExecutive Officer
RH
Robert HawkDirector
JH
Jonathan HallettDirector
KK
Karl KhouryDirector
SA
Sherman AtkinsonDirector

Investors · 9

Arborview CapitalChevy Chase
BLH Venture Partners, LLCAtlanta · $250K
Eastside PartnersHuntsville
eLab VenturesAnn Arbor · $25K – $100K
MetaPropNew York · $100K – $5M
MetaProp VenturesNew York
Upslope VenturesDenver · $100K – $250K
Slow VenturesreportedSan Francisco
Third SpherereportedNew York · $250K – $1M

Reported raises · per SEC filings

Form D private placements
▶$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 ↗

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

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