Facility Health Inc. is a company founded in 2016 based in the United States that specializes in Asset Life Cycle care. Their solution combines software and engineering professional services to provide real-time analysis of assets, monitor maintenance and repair performance, and track engineering assessments and asset useful life forecasting. The company's flagship software, Origin, supports the annual budgeting process with data, utilizing a proprietary Health Index calculation for each asset and building. This index facilitates effective communication for facilities managers and executives, allowing them to model future investments and optimize capital spending. Their Asset Life Cycle care approach is likened to maintaining a car, where proactive maintenance and monitoring can significantly extend the useful life of an asset. Additionally, the company addresses compliance challenges by tracking asset-specific activities in real-time, supporting compliance reviews and replacing traditional paper documentation. In January 2021, Facility Health Inc. received a Debt Financing investment from SaaS Capital, indicating investor confidence in their innovative approach to maximizing facility performance. With a focus on Analytics, Health Care, and Information Technology, Facility Health Inc. appears poised for continued growth and success in the industry.
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