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[Funding alert] MaintainX Secures $50 Mn Funding led by Bain Capital Ventures

MaintainX, the leading maintenance and work execution software has secured $50M in funding led by Bain Capital Ventures. The MaintainX will be used by the firm to expedite the release of new features, including data-driven and AI-driven predictive capabilities.
MaintainX’s co-founders, CEO Chris Turlica and CTO Hugo Dozois-Caouette.

MaintainX, the leading maintenance and work execution software has secured $50M in funding led by Bain Capital Ventures. The MaintainX will be used by the firm to expedite the release of new features, including data-driven and AI-driven predictive capabilities.

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Leading the funding round is Bain Capital Ventures (BCV), with participation from existing investors Bessemer Venture Partners, Amity Ventures, August Capital, and Ridge Ventures. These investors bring a wealth of knowledge, resources, and commitment to MaintainX growth and mission.

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MaintainX are also excited to welcome some amazing company operators to the cap table, including former GE CEO Jeff Immelt, Twilio CEO Jeff Lawson, Bain Capital Senior Advisor Steve Pagliuca, former Coupa Software Chair and CEO Rob Bernshteyn, Toast Chair and CEO Chris Comparato, PagerDuty Chair and CEO Jennifer Tejada, and former Gainsight COO Allison Pickens.

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MaintainX AI-powered work execution and Enterprise Asset Management (EAM) solution will continue to drive efficiency, reduce equipment downtime, and streamline regulatory audits for frontline professionals across industries.

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About MaintainX

MaintainX is an enterprise asset management platform that allows frontline operations to add hours of production capacity by ensuring equipment doesn’t break, through predictive and preventive maintenance; gets fixed fast when it does break, through clear logic workflows, critical parts inventory, and purchase order management; and doesn’t hurt workers or the environment, through digitizing the safety walkthroughs, OSHA audits, EPA audits, and other regulatory compliance.

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