How Much Did MaintainX Raise? Headquarters, Funding & Key Investors

MaintainX, founded in 2018 and headquartered in San Francisco, California, is a mobile-first work order and maintenance management platform that digitizes operational workflows for industrial teams. The company has raised $254 million across multiple rounds, achieving a $2.5 billion valuation in 2025. Its latest $150 million Series D round, led by Bessemer Venture Partners and Bain Capital Ventures, supports AI-powered predictive maintenance and asset management. With backing from investors like D.E. Shaw Group and Founders Circle Capital, MaintainX continues revolutionizing equipment monitoring, safety compliance, and operational efficiency worldwide.

How Much Did MaintainX Raise? Funding & Key Investors

MaintainX joined the Unicorn Club in December 2023, after raising $150M in a Series D round led by top investors including Bessemer Venture Partners and Bain Capital Ventures. The company is valued at $2.5 billion and has raised a total of $254M to date. MaintainX provides a mobile-first work order and procedure digitization platform that enables operational leaders to manage workflows, preventive maintenance, inspections, and asset management efficiently.

What Is MaintainX and What Does It Do?

MaintainX, founded in 2018 by Chris Turlica, Mathieu Marengère Gosselin, Nick Haase, and Hugo Dozois Caouette, is headquartered in San Francisco, California, United States, giving it access to a strong tech ecosystem, skilled software talent, and a thriving startup network.

MaintainX’s platform digitizes work orders, inspection checklists, safety protocols, and forms, allowing teams to collaborate seamlessly across mobile and desktop devices. Its features include work order management with photo uploads, safety checklists, form builders, and preventive maintenance workflows. The app is available on iOS, Android, iPad, and Web, and follows a subscription-based pricing model.

How Much Funding Has MaintainX Raised?

1. Seed Round

Amount Raised: $3.8M
Date: March 2019
Lead Investors: Amity Ventures, August Capital
Motivation: To build a mobile-first platform for frontline maintenance teams, addressing the lack of digital tools in industrial operations.

2. Series A

Amount Raised: $11M
Date: May 2019
Lead Investors: Not publicly disclosed
Motivation: To expand the platform's capabilities and reach more industrial customers.

3. Series B

Amount Raised: $39M
Date: June 2021
Lead Investors: Bessemer Venture Partners
Motivation: To accelerate product development and scale operations to meet growing demand.

4. Series C

Amount Raised: $50M
Date: December 2023
Lead Investors: Bain Capital Ventures
Motivation: To enhance AI and data-driven features, reduce equipment downtime, and streamline regulatory audits.

5. Series D

Amount Raised: $150M
Date: March 2025
Lead Investors: Bessemer Venture Partners, Bain Capital Ventures, D.E. Shaw Group, Amity Ventures, August Capital, Founders Circle Capital, Sozo Ventures, Fifth Down Capital, Rahul Mehta
Motivation: To advance AI-powered maintenance and asset management, focusing on predictive maintenance and machine health monitoring.

Total Funding Raised: $254 Million

Current Valuation: $2.5 Billion (as of July 2025)

Latest Funding Date: March 2025

Key Investors

1. Bessemer Venture Partners

Details: Bessemer Venture Partners is a global venture capital firm that invests in early to growth-stage technology companies.
Investment Focus Areas: SaaS, enterprise software, cloud infrastructure, and industrial technology.
Notable Investments: LinkedIn, Shopify, Twilio.

2. Bain Capital Ventures

Details: Bain Capital Ventures is the venture arm of Bain Capital, providing strategic funding and support for innovative startups.
Investment Focus Areas: Enterprise SaaS, fintech, healthcare, and software platforms.
Notable Investments: DocuSign, SurveyMonkey, Jet.com.

3. Founders Circle Capital

Details: Founders Circle Capital is a growth equity firm focused on supporting SaaS and technology companies with expansion capital.
Investment Focus Areas: Growth-stage technology companies, SaaS, digital platforms.
Notable Investments: Khoros, Medallia, Everly Health.

4. Sozo Ventures

Details: Sozo Ventures is a venture capital firm investing in early-stage tech companies, with a focus on operational software and industrial tech.
Investment Focus Areas: SaaS, B2B software, and mobile-first solutions.
Notable Investments: Canva, Plaid, Mainteny.

Where Is MaintainX’s Headquarters?

MaintainX is headquartered in San Francisco, California, United States, providing access to a rich tech ecosystem, engineering talent, and strategic partnerships in the heart of the Bay Area.

What’s Next for MaintainX?

MaintainX is well-positioned to continue digitizing industrial and operational workflows globally. Leveraging its Series D funding, the company plans to expand product capabilities, grow its workforce, and strengthen its presence across manufacturing, facilities, and service industries. Its mobile-first approach and enterprise integrations make it a critical platform for organizations aiming to modernize operations and improve operational efficiency.

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