Fiix Funding: How Much Did They Raise & Key Investors

How Much Did Fiix Raise?
Funding & Key Investors

Fiix has solidified its position as a leader in the maintenance management software sector, securing a total capital infusion of $57M. This trajectory of financial backing, punctuated by a recent strategic investment of $40M, underscores the company's critical role in the digital transformation of industrial maintenance departments. By leveraging cloud-native architectures, Fiix continues to attract significant interest from growth-stage investors focused on the scalability of enterprise-level SaaS solutions.

The company's funding history reflects a disciplined approach to growth, beginning with its Series A round in 2016, followed by a Series B in 2018, and culminating in its most recent Series C financing in early 2019. This consistent influx of capital has enabled the Toronto-based firm to expand its footprint in the global market, providing maintenance teams with the mobile-first tools necessary to optimize asset performance and operational efficiency.

What is Fiix?

Fiix

Software

Enterprise Resource Planning (ERP)

Mobile App Development

Fiix Inc. specializes in the development of cloud-based Computerized Maintenance Management System (CMMS) software designed to streamline the operations of business maintenance departments. By providing a robust mobile experience and seamless integration with existing enterprise software ecosystems, the platform allows organizations to schedule, organize, and track maintenance activities with unprecedented precision. The company serves a diverse global clientele, helping industrial and commercial entities transition from reactive maintenance models to proactive, data-driven strategies that reduce downtime and extend asset lifecycles.

How much funding has Fiix raised?

Fiix has raised a total of $57M across 3 funding rounds:

2016

Series A

$5M

2018

Series B

$12M

2019

Series C

$40M

Series A (2016): $5M with participation from BuildGroup

Series B (2018): $12M led by BuildGroup

Series C (2019): $40M supported by Georgian and BuildGroup

Key Investors in Fiix

BuildGroup

BuildGroup is an investment firm based in Austin, Texas, specializing in scaling emerging SaaS companies through AI-enabled workflows. The firm focuses on partnering with companies during their growth phases to transition from initial product-market fit to sustainable business models.

Georgian

Georgian is a growth-stage investment firm that partners with B2B software and AI companies, providing capital, strategic guidance, and technical expertise to help businesses scale and innovate.

What's next for Fiix?

With the support of its latest capital injection, Fiix is well-positioned to accelerate its product roadmap, focusing on deeper AI-driven predictive maintenance capabilities and enhanced enterprise integrations. As the industrial sector continues to prioritize digital agility, Fiix is expected to leverage its current market momentum to capture a larger share of the global CMMS market. The strategic focus will likely remain on scaling its high-touch customer success model and expanding its ecosystem of third-party software partners to ensure that maintenance workflows remain central to the broader enterprise digital strategy.

See full Fiix company page

See More Financial Insights