What is Limble?
Limble offers a comprehensive CMMS (Computerized Maintenance Management System) designed to help companies organize, automate, and simplify their maintenance operations. Based in Mayflower Way, Utah, the company's software solution addresses the critical need for efficient asset management and preventative maintenance, enabling businesses to reduce downtime, optimize resource allocation, and improve overall operational efficiency. The platform aims to digitize and streamline maintenance workflows, providing a centralized system for managing work orders, assets, and maintenance schedules.
How much funding has Limble raised?
Limble has raised a total of $58.1M across 2 funding rounds:
Debt
$150K
Series B
$58M
Debt (2020): $150K with participation from PPP
Series B (2023): $58M led by Goldman Sachs Asset Management
Key Investors in Limble
Goldman Sachs Asset Management
Goldman Sachs Asset Management is a global investment management firm providing comprehensive investment and advisory services. Their involvement suggests a strong belief in Limble's long-term growth potential and market strategy.
PPP
Public-Private Partnership
What's next for Limble?
With the recent major strategic investment and substantial overall funding, Limble is poised for accelerated growth and product development. The company is likely to focus on expanding its market share, enhancing its software features to meet evolving industry demands, and potentially exploring new verticals or service offerings. This infusion of capital will enable Limble to scale its operations, invest in research and development, and strengthen its competitive position in the CMMS market, further solidifying its role as a key player in maintenance management solutions.
See full Limble company page
