Rachio is a Denver-based software and hardware company focused on improving the water efficiency of homes. The company's Smart Controller enables to control outdoor sprinkler system from the palm of the user's hand, using a WiFi-enabled iOS or Android device. Rachio’s cloud-based software allows customers to manage their sprinkler systems from anywhere.

Software Engineering

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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