Rachio is a Denver-based software and hardware company focused on improving the water efficiency of homes. Rachio makes the best-selling smart sprinkler controller. The Rachio Smart Controller enables you to control your outdoor sprinkler system from the palm of your hand, using a WiFi-enabled iOS or Android device. Rachio’s cloud-based software allows customers to manage their sprinkler system from anywhere. Installation takes less than 30 minutes and you begin saving water and improving your yard's health immediately. The Rachio Smart Controller makes landscapes beautifully efficient.

Denver, CO, USA

Rachio

Consumer electronics

Internet

Water

Smart home

eLab Ventures was founded by a team of passionate entrepreneurs and investors with successful track records in venture capital and creating disruptive startups. Located strategically in both Ann Arbor and Silicon Valley, eLab's mission is to improve the entrepreneurial ecosystem by bridging valuable but scarce resources from the Valley to local entrepreneurs in the Midwest and other emerging ecosystems. Unlike an incubator or accelerator, eLab is a full venture capital fund that can support a startup beyond the seed round and all the way through to final liquidity. eLab also provides formal training in entrepreneurship and shared resources to improve capital efficiency for young companies.

Michigan eLab Investment Co LLC

eLab Ventures

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