MaintainX Analysis: $200M Raised
What is MaintainX?
MaintainX specializes in maintenance and asset management software that enhances operational efficiency. Their platform integrates real-time data and automation to reduce downtime and improve asset reliability. This approach enables organizations to streamline maintenance processes and achieve significant cost savings.
Employees
201-500
Founded
2018
Industry
SaaS, Data Analytics, Supply Chain Tech
Latest Funding Round Size
Series D
Parent Company Website
Public Company Status
Private
Recent Venture Round Amount
$150,000,000
Product Features & Capabilities
- Work Order Management for tracking tasks
- Preventive Maintenance scheduling to avoid downtime
- Asset Management for tracking and analyzing assets
- Parts Inventory Management to optimize stock levels
- Checklists and Inspections for compliance and safety.
Use Cases
Reduce unexpected equipment downtime through predictive maintenance; Streamline work order management for maintenance teams; Automate inventory management to prevent shortages; Ensure compliance with safety regulations through inspections; Generate reports for data-driven decision making.
How much MaintainX raised
Series D - $150 million
July 9, 2025Lead Investor: Bessemer Venture Partners, Bain Capital Ventures
Series C - $50 million
December 6, 2023Lead Investor: Bain Capital Ventures, Jeff Immelt, Jeff Lawson
Other Considerations
Raised $150M in new funding; Serves various industries including manufacturing and retail; Recognized for reducing unplanned downtime significantly.
