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Maintainx Raises $50M With 12X Revenue Growth From Boosting Productivity Of Industrial And Frontline Workers As America Gets Back To Work

Jun 09, 2021•about 4 years ago

Amount Raised

$50 Million

San Francisco

Description

MaintainX, the leading mobile-first workflow management platform for industrial and frontline workers, today announces a $39M Series B round led by Bessemer Venture Partners, with participation from Amity Ventures, Vulcan Capital, August Capital, Ridge Ventures, OldSlip Group, alongside UiPath's founder and CEO Daniel Dines and Head of Strategy Brandon Deer. The new funding - together with its seed and a previously unannounced $11M Series A round in 2019 - provides a total of $54M to accelerate MaintainX's massive revenue growth since early 2020 as it continues to attract customers by boosting industrial and frontline worker productivity.

Company Information

Company

Maintain X

Location

San Francisco, California, United States

About

MaintainX provides an advanced suite of features designed to free industrial and front-line workers from clipboards and spreadsheets with digital tools that streamline workflows and boost productivity. The company's software helps workers track reactive maintenance, preventive maintenance, and control daily business operations, like safety inspections, quality inspections, and operating checklists - all with a digital audit trail. MaintainX was founded in 2018 by Chris Turlica, Hugo Dozois-Caouette, Mathieu Marengère-Gosselin and Nick Haase. For more information, visit www.getmaintainx.com.

Funding Insights

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