What is MaintainX?
Headquartered in San Francisco, California, MaintainX operates as a mobile-first workflow management platform designed for factory frontline teams. The platform empowers these teams by providing clear instructions on tasks and their execution, thereby enhancing operational efficiency and reducing errors. MaintainX's solution is crucial for industries requiring precise and immediate task management, streamlining operations for a more productive workforce.
How much funding has MaintainX raised?
MaintainX has raised a total of $399.8M across 5 funding rounds:
Series A
$11M
Series B
$39M
Series C
$50M
Series D
$150M
Private Equity
$149.8M
Series A (2019): $11M, investors not publicly disclosed
Series B (2021): $39M led by Ridge Ventures, Bessemer Venture Partners, OldSlip Group, Vulcan Capital Management, Amity Ventures, and August Capital
Series C (2023): $50M supported by Bain Capital Ventures, Bessemer Venture Partners, and Amity Ventures
Series D (2025): $150M featuring Founders Circle Capital, Bessemer Venture Partners, Fifth Down Capital, August Capital, Bain Capital Ventures, Amity Ventures, Sozo Ventures, and D. E. SHAW
Private Equity (2025): $149.8M, investors not publicly disclosed
Key Investors in MaintainX
Ridge Ventures
Ridge Ventures is an early-stage venture capital firm that invests in experienced founders who are transforming the software industry. The firm focuses on seed and Series A funding, typically writing checks in the $2-7M range, and emphasizes the importance of character and alignment with the founders it supports.
Bessemer Venture Partners
Bessemer Venture Partners (Bessemer) is a venture capital firm with offices in San Francisco, Redwood City, New York City, Boston, Israel, and India. It was established in 1911 as Bessemer Securities.
Bain Capital Ventures
Bain Capital Ventures LLC is the venture capital division within Bain Capital, which has approximately $105 billion of assets under management worldwide. The firm's early-stage investments have included Staples, LinkedIn, Kiva Systems, Jet.com and Shopping.com.
What's next for MaintainX?
The recent major strategic investment signals a pivotal growth phase for MaintainX. This capital infusion is expected to accelerate product innovation, expand market reach, and potentially explore new verticals within industrial operations. The company's focus on digitizing frontline workflows positions it for continued leadership in an evolving operational technology landscape. Future developments may include deeper integration with existing enterprise systems and enhanced analytics for operational insights.
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