Accruent

Accruent

IoT-enabled facilities asset management software

Overview

Accruent provides subscription-based software that helps organizations manage physical resources—buildings, equipment, and assets—across healthcare, higher education, and industrial sectors. Its modules cover facilities management, biomed/clinical engineering, supply chain, space scheduling, and event management, with IoT remote monitoring and data insights to optimize performance. It differentiates itself by combining cross-industry asset and facilities management with IoT and industry-focused data insights, serving over 10,000 customers. The goal is to improve efficiency, reduce downtime and costs, and extend the useful life of resources through ongoing software updates and professional services.

About Accruent

Simplify's Rating
Why Accruent is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Industrial & Manufacturing

Enterprise Software

Healthcare

Company Size

1,001-5,000

Company Stage

Acquired

Total Funding

$2.1B

Headquarters

Santa Monica, California

Founded

1995

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People at Accruent who can refer or advise you

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Simplify's Take

What believers are saying

  • Fortive's $2.0 billion acquisition in 2024 injects resources for global expansion.
  • Aron England as CPTO drives AI innovations like Crue assistant since 2025.
  • RedEye EDMS adds four languages, enabling ArcelorMittal multinational deployments.

What critics are saying

  • Fortive integration disrupts services, causing 70-85% customer churn in 6-12 months.
  • Esri dependency triggers pricing hikes, eroding margins in 12-24 months.
  • ServiceNow steals healthcare share with cheaper AI maintenance in 18-24 months.

What makes Accruent unique

  • Accruent integrates IoT monitoring with asset management for full lifecycle optimization.
  • Strategic Esri partnership unites GIS and asset intelligence in RedEye and Maintenance Connection.
  • Space Intelligence visualizes usage trends across buildings and floors instantly.

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Funding

Total Funding

$2.1B

Above

Industry Average

Funded Over

7 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Accruent
Mar 24th, 2026
Accruent recognizes top-performing channel partners at the 2025 synergy partner conference.

Accruent recognizes top-performing channel partners at the 2025 synergy partner conference. The time is now to unify your built environment with purpose-built solutions. * To unsubscribe at any time, please use the "Unsubscribe" link included in the footer of its emails. * Follow Us

Business Wire
Nov 18th, 2025
Accruent and Esri Form Strategic Partnership to Empower Smarter, Faster Decisions Through Unified Asset and Geospatial Intelligence

Accruent and Esri form strategic partnership to empower smarter, faster decisions through unified asset and geospatial intelligence. Brings industry-leading GIS capabilities to Accruent, empowering organizations with a unified, location-aware view of their built environment AUSTIN, Texas-(BUSINESS WIRE)-Accruent, a leading provider of solutions to unify the built environment, today announced a strategic partnership with Esri, the global leader in geographic information system (GIS) technology. This collaboration integrates Esri's ArcGIS(R) platform with Accruent solutions, uniting asset, engineering and location intelligence to help organizations make faster, more informed decisions across the built environment. Through this integration, organizations can now connect geospatial data with asset, engineering and maintenance information, bridging a long-standing gap between GIS and asset management systems. The result is a single, location-aware view of critical infrastructure and facilities, enabling teams to visualize where assets are, how they're performing and what actions are needed to ensure up-time, safety and operational efficiency. The partnership expands across Accruent, including flagship products like RedEye and Maintenance Connection, bringing unified asset and location intelligence to customers worldwide. By embedding GIS capabilities directly into Accruent's platform, organizations can: * Accelerate time to value with an out-of-the box integration that eliminates the need for custom development and allows teams to immediately visualize and manage assets through map-centric dashboards and GPS-enabled search. * Break down data silos by uniting engineering drawings, asset history and work orders within a single, location-aware platform - providing a seamless link between office and field operations. * Enhance compliance and safety with a unified visual view of all asset records, supporting more accurate audits, preventing costly errors in the field and ensuring technicians know precisely where and how to perform work. * Boost field productivity by enabling maintenance planners and technicians to instantly locate underground or remote assets and access all related documentation with a single click, reducing time spent searching for information and minimizing operational downtime. The Accruent - Esri partnership empowers asset-intensive organizations - across utilities, oil and gas, mining, telecommunications and public infrastructure - to move toward a truly interconnected asset ecosystem. This foundation supports larger digital transformation initiatives such as the creation of digital twins and AI-driven maintenance strategies that allow companies to visualize, manage and optimize their operations like never before. "This partnership brings together two market leaders with a shared vision - helping organizations connect the dots between where their assets are, how they perform and how they can be optimized," said Israel Ortiz, VP and GM, Asset Solutions Group at Accruent. "By integrating Esri's powerful location intelligence with Accruent's asset solutions, we're helping customers eliminate data silos and unlock new levels of safety, efficiency and insight." About Esri Esri, the global market leader in geographic information system (GIS) software, location intelligence, and mapping, helps organizations harness the power of geography to improve decision-making and operations. Founded in 1969, Esri technology is used by more than 350,000 organizations worldwide, including Fortune 500 companies, government agencies, and utilities. About Accruent Accruent is a leading provider of solutions for unifying the built environment - spanning real estate, physical and digital assets, and the integrated technology systems that connect and control them. Accruent continues to set new expectations for how organizations can use data to transform how they manage their facilities and assets. With U.S. headquarters in Austin, Texas, Accruent serves over 5,000 customers in a wide range of industries in more than 100 countries worldwide. Esri marks are used herein under license from Esri.

Business Wire
Oct 20th, 2025
Accruent Unveils Smart Innovations to Connect, Control and Maximize Built Environment Investments

Accruent unveils smart innovations to connect, control and maximize built environment investments. New AI and analytics capabilities, user experience enhancements, and partnerships across Accruent's portfolio deliver smarter workflows and faster ROI for customers worldwide ATLANTA-(BUSINESS WIRE)-Accruent, a leading provider of solutions to unify the built environment, today announced a series of product innovations and strategic partnerships at its annual user conference, Insights 2025. Together, these advancements underscore Accruent's commitment to helping organizations improve how the world works and optimize the built environment by blending intelligent automation, actionable analytics, intuitive tools and seamless integrations. "At Accruent, innovation is more than product updates - it's a commitment to helping organizations reimagine what's possible in the built environment," said Richard Leurig, President at Accruent. "From AI that acts like a collaborative teammate, to data that drives confident decisions, to partnerships that expand what our customers can achieve, every advancement we're sharing at Insights 2025 reflects our vision: to continuously improve how the world works." At Insights 2025, Accruent is showcasing how its four pillars of innovation - analytics & insights, user experience, integrated connected systems and artificial intelligence - are reshaping the way organizations manage their spaces and assets. Together, these advancements reflect Accruent's belief that innovation must be practical, human-centered and transformative. * Data That Unlocks Smarter Decisions: Organizations are demanding faster, clearer insights to optimize their environments. Accruent's new Space Intelligence visualizations deliver just that, allowing leaders to track usage trends across buildings, floors and space types at a glance. Lucernex is implementing mid-month percent rent functionality that will automatically calculate the landlord's sales percentage. This will enhance visibility and compliance by enabling customers to accurately allocate sales, reduce errors and simplify complex manual calculations. Accruent will continue to advance its analytics capabilities with more robust, real-time reporting featuring AI-powered analytics that help users identify patterns and support more informed decision making. * User Experiences That Empower People: Accruent has integrated Meridian and RedEye, enabling controlled, real-time syncing of engineering documents across platforms. This breakthrough empowers engineering teams to collaborate without barriers, streamlining the design and drafting process. It's part of a broader strategy to deliver user-centric tools that are both intuitive and powerful. Whether it's students using FAMIS Service Assist to submit service requests, technicians managing assets on-the-go, or maintenance teams transitioning to modernized Maintenance Connection and TMS platforms, Accruent is redefining digital experiences. The upcoming Customer Center complements these efforts by offering a unified hub for training, resources, and community engagement, helping customers accelerate time-to-value. * Connected Ecosystems That Extend Value: Partnerships with industry leaders like ESRI, Ellucian and Microsoft 365 ensure Accruent solutions fit seamlessly into customers' broader technology environments. From mapping assets with geospatial intelligence to optimizing university course scheduling and unifying meetings in Outlook and Teams, Accruent is building an ecosystem where every system and stakeholder can work in sync. * AI that Works Like a Teammate: With the introduction of Crue, Accruent's AI Assistant, customers gain a trusted resource that streamlines everyday tasks and surfaces additional insights. From the new Accruent EMS mobile app that can book spaces based on natural language to Accruent's patented anomaly detection that spots asset malfunctions before failure, Accruent is bringing AI to the forefront of innovation, delivering practical solutions that drive real results for customers. With these launches, Accruent is advancing its vision to deliver smarter, more connected solutions that help customers navigate today's challenges while preparing for tomorrow's opportunities. For more information about Accruent's announcements at Insights 2025, visit accruent.com. About Accruent Accruent is a leading provider of solutions for unifying the built environment - spanning real estate, physical and digital assets, and the integrated technology systems that connect and control them. Accruent continues to set new expectations for how organizations can use data to transform how they manage their facilities and assets. With U.S. headquarters in Austin, Texas, Accruent serves over 5,000 customers in a wide range of industries in more than 100 countries worldwide.

Business Wire
Oct 20th, 2025
Aron England Joins Accruent as Chief Product and Technology Officer

Aron England joins Accruent as Chief Product and Technology Officer. Strategic appointment strengthens Accruent's commitment to innovation and customer-driven transformation in the built environment AUSTIN, Texas-(BUSINESS WIRE)-Accruent, a leading provider of solutions to unify the built environment, today announced Aron England as Chief Product and Technology Officer (CPTO). This strategic move reinforces Accruent's focus on accelerating innovation and delivering intelligent, connected solutions that empower organizations to better manage and optimize their built environments. In this role, England will lead product strategy and technology innovation, driving the development of agile and customer-focused solutions. With over 20 years of product and software leadership experience at organizations including Dell, Vrbo and Expedia, he brings deep expertise in delivering transformative technologies and building high-performing global teams. "Aron's appointment marks an exciting new chapter for Accruent, as his strategic vision and deep product expertise will accelerate our ability to deliver intelligent, connected solutions that address our customers' evolving needs," said Richard Leurig, President of Accruent. "With a relentless focus on innovation and outcomes, Aron will help us unlock new opportunities for our customers, empowering them to optimize operations, respond with agility and drive lasting impact. We're thrilled to welcome him to the team and confident in the value his leadership will bring to the industries we serve." As CPTO, England will play a pivotal role in shaping the future of Accruent's product portfolio, enhancing AI capabilities and further fostering a culture of innovation across the organization. "Accruent has an incredible opportunity to redefine how organizations connect and manage their built environments," said Aron England, Chief Product and Technology Officer at Accruent. "By listening to our customers and turning their challenges into actionable solutions, we can create technology that drives real impact and shapes a more agile, connected future. I'm energized by the opportunity to collaborate with our product and engineering teams to deliver solutions that help improve how the world works." About Aron England As Chief Product and Technology Officer, Aron England leads product strategy and drives technology innovation, accelerating the delivery of agile, customer-centric solutions. With over 25 years of experience, Aron is a seasoned product leader who has successfully scaled B2B and B2C SaaS and agentic AI solutions from research through successful high-growing customer-facing products. He has built and led high-performing global product teams at Rev, Dell, Vrbo and Expedia. Aron holds a bachelor's degree from Western Washington University in Bellingham, Washington. About Accruent Accruent is a leading provider of solutions for unifying the built environment - spanning real estate, physical and digital assets, and the integrated technology systems that connect and control them. Accruent continues to set new expectations for how organizations can use data to transform how they manage their facilities and assets. With U.S. headquarters in Austin, Texas, Accruent serves over 5,000 customers in a wide range of industries in more than 100 countries worldwide.

Business Wire
Aug 5th, 2025
Accruent's RedEye EDMS Expands Global Reach with Four New Languages

Accruent is currently working with multinational organizations, including ArcelorMittal, to deploy the new language capabilities in real-world operations.

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