MaintainX

Last updated
MaintainX
Company type Private
Industry Maintenance
Founded2018;7 years ago (2018)
Founders
  • Chris Turlica
  • Hugo Dozois-Caouette
  • Mathieu Marengère-Gosselin
  • Nick Haase
Headquarters
San Francisco, California
Key people
  • Chris Turlica (CEO)
  • Hugo Dozois-Caouette (CTO)
  • Erich Ziegler (CMO)
Website getmaintainx.com

MaintainX is an American computerized maintenance management system (CMMS) and enterprise asset management (EAM) software company focused on industrial operations. It is headquartered in San Francisco, California. [1]

Contents

History

The company was founded in 2018 by Chris Turlica, Hugo Dozois-Caouette, Mathieu Marengère-Gosselin, and Nick Haase. [2] In 2021, they opened a new office in Montréal, Canada, its second-largest location after its San Francisco headquarters. [3]

Since 2024, the company has published an annual State of Industrial Maintenance report, based on insights from maintenance professionals across North America. [4]

Platform

MaintainX is an AI-powered maintenance and asset management software designed for maintenance, repair, and operation professionals. The platform enables organizations to track tasks, automate preventive maintenance, and issue reports about machine health. The company helps automate day-to-day tasks to reduce unplanned downtime and save on monthly maintenance costs for its customers. [5] [6] [7]

As of 2024, the software is used by more than 11,000 customers to manage critical operations [5] in industries including manufacturing, retail, facilities management, food and beverage, and distribution centers. Customers include Cintas, Duracell, Marriott, Volvo, and AB InBev. [8]

Funding

In March 2019, MaintainX raised $3.8 million in a seed funding round led by August Capital and Amity Ventures. [9] Following an $11 million Series A round in 2019, on June 9, 2021, the company raised $39 million in Series B funding, led by Bessemer Venture Partners. [8] On December 7, 2023, the company announced that it had raised an additional $50 million in a Series C funding round led by Bain Capital Ventures, which valued MaintainX at $1 billion. [8] On July 9, 2025, the company announced that it had raised an additional $150 million in a Series D funding round, at a $2.5 billion valuation. [5]

Recognition

MaintainX was ranked in the top 50 of Deloitte's 2024 Technology Fast 500. [10] The company was recognized in G2's 2025 report of the best CMMS software, [11] and was named in the Forbes America's Best Startup Employers 2025 list. [12] The company was recognized as a leader in the 2025 Verdantix Green Quadrant on industrial CMMS, [13] and by Frost & Sullivan with the 2025 American Technology Innovation Leadership Award for pioneering AI-powered maintenance and innovation. [14]

References

  1. ↑ Kennedy, Sheila (3 January 2024). "Asset management improvements know no bounds". Plant Services. Retrieved 27 August 2025.
  2. ↑ Villamor, Kay (7 December 2023). "MaintainX Secures $50 Million in Series C". SaaS News. Retrieved 16 July 2025.
  3. ↑ "MaintainX announces new downtown office in Montréal to support its rapid growth". Montreal International. 13 September 2021. Retrieved 16 July 2025.
  4. ↑ Tanner, Bill (18 May 2025). "Sixty-five per cent of organizations planning to adopt intelligent maintenance solutions by 2026". Intelligent CIO. Retrieved 27 August 2025.
  5. 1 2 3 Deutscher, Maria (9 July 2025). "MaintainX nabs $150M for its equipment maintenance platform". Silicon Angle. Retrieved 16 July 2025.
  6. ↑ "AI adoption accelerates in industrial maintenance, report shows". MRO. 21 May 2025. Retrieved 23 July 2025.
  7. ↑ Brown, Rachael (4 August 2024). "MaintainX: Helping Duracell & Titan America Embrace Data". Manufacturing Digital. Retrieved 23 July 2025.
  8. 1 2 3 Nunez, Michael (7 December 2023). "San Francisco startup MaintainX raises $50 million to bring A.I. to industrial operations". Venture Beat. Retrieved 16 July 2025.
  9. ↑ Johnson, Khari (26 March 2019). "MaintainX raises $3.8 million to power OSHA-compliant communication for frontline workers". Venture Beat. Retrieved 16 July 2025.
  10. ↑ "2024 Technology Fast 500 winners". Deloitte. Retrieved 27 August 2025.
  11. ↑ Mehta, Devyani (10 February 2025). "I Evaluated the 10 Best CMMS Software". G2. Retrieved 27 August 2025.
  12. ↑ Rabkin Peachman, Rachel (4 March 2025). "Best Startup Employers". Forbes. Retrieved 27 August 2025.
  13. ↑ Sala, Lucas (14 July 2025). "It's Got The X Factor: MaintainX Raises $150 Million In Series D Funding". Verdantix. Retrieved 27 August 2025.
  14. ↑ "MaintainX Recognized with Frost & Sullivan's 2025 North American Technology Innovation Leadership Award for Pioneering AI-Powered Maintenance and Asset Optimization in North America". Frost & Sullivan. 9 April 2025. Retrieved 27 August 2025.
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