MaintainX

MaintainX

SaaS platform for maintenance management

About MaintainX

Simplify's Rating
Why MaintainX is rated
A
Rated A on Competitive Edge
Rated A+ on Growth Potential
Rated B on Rating Differentiation

Industries

Industrial & Manufacturing

Enterprise Software

AI & Machine Learning

Company Size

501-1,000

Company Stage

Series C

Total Funding

$90.3M

Headquarters

San Francisco, California

Founded

2018

Overview

MaintainX offers a digital platform for maintenance and operations management, focusing on industrial clients in sectors like manufacturing and food and beverage. Its software-as-a-service (SaaS) solution helps businesses manage both reactive and preventive maintenance tasks, utilizing artificial intelligence to enhance efficiency and reduce manual work. Clients subscribe to access features such as real-time inventory management and asset management, and the platform includes an open API for integration with existing systems. MaintainX aims to lead the digital transformation in maintenance and operations, improving productivity for its users.

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Significant Headcount Growth
Simplify Jobs

Simplify's Take

What believers are saying

  • MaintainX raised $50M in Series C funding, boosting its growth potential.
  • The trend towards predictive maintenance aligns with MaintainX's AI-powered features.
  • Increased IoT adoption in industries drives demand for MaintainX's solutions.

What critics are saying

  • Emerging startups with similar SaaS solutions could erode MaintainX's market share.
  • Rapid technological advancements may strain MaintainX's resources to stay competitive.
  • Economic downturns in key industries could reduce spending on maintenance software.

What makes MaintainX unique

  • MaintainX offers a comprehensive IoT-enabled maintenance platform for industrial teams.
  • The platform integrates AI to enhance predictive maintenance and operational efficiency.
  • MaintainX provides an open API for seamless integration with existing business systems.

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Funding

Total Funding

$90.3M

Meets

Industry Average

Funded Over

3 Rounds

Notable Investors:
Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Meet Average

Industry standards

$50M
$50M
Medium
$50M
MaintainX
$62M
SeatGeek
$100M
Oura

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

Unlimited Paid Time Off

Company Equity

Stock Options

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

8%

2 year growth

0%
Start-Up
Jan 8th, 2024
Startup-Urile Interesante Din 2023 Pe Start-Up.Ro

Startup-urile interesante din 2023 pe start-up.ro - Partea XII. Am ajuns la final cu lista noastră de startup-uri despre care am scris în acest an și pe care vrem să le reîmprospătăm în memoria colectivă, fie pentru că au dezvoltat soluții inovatoare pentru o piață în permanentă schimbare sau pentru că au obținut o investiție consistentă. Îi salutăm pe această cale pe toți cei care au lipsit din această listă, dar care ar fi meritat din plin să se numere printre selecționați. Această listă nu este definitivă și nici exhaustivă. Știm că vor lipsi unele startup-uri care merită menționate în orice prezentare despre ecosistemul local, dar vrem să ne concentrăm pe acelea despre care am scris, cu care am vorbit sau care au avut un moment important în 2023, cum ar fi o investiție sau o extindere importantă

Business Wire
Dec 7th, 2023
MaintainX Makes Equipment and Regulatory Downtime a Thing of the Past With $50M in New Funding

MaintainX, the leading maintenance and frontline work execution platform, today announced $50M in Series C funding led by Bain Capital Ventures (BCV)

Bain Capital Ventures
Dec 6th, 2023
MaintainX Is Bringing a World-Class Productivity App to Frontline Professionals

MaintainX empowers operational teams to boost productivity and cut downtime by putting consumer-grade tools in the hands of frontline professionals.

Finsmes
Jun 10th, 2021
MaintainX Raises $39M in Series B Funding

MaintainX, a San Francisco CA-based provider of a management platform for industrial and frontline workers, raised $39M in Series B funding. The round was 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 company intends to use […]

Tech Startups
Jun 9th, 2021
Top tech startup news for today, June 9, 2021: Bain Capital, Embroker, ExtraHop, Fastly, Hummingbot, MaintainX, Kelekona, Autonomous Worlds, Polygon

Good evening! Below is a list of the top tech startup news for today, June 9, 2021. Bain Capital Private Equity and Crosspoint Capital Partners acquired ExtraHop for $900 million. ExtraHop, a Seattle, Washington-based startup and a provider of cloud-based network detection […]

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