MaintainX scales asset and work intelligence data for industrial operations
Bessemer Venture Partners doubles down to co-lead MaintainX’s $150M Series D as the company delivers next-generation AI-powered maintenance and asset management to prevent unplanned downtime and drive top-line growth.
For decades, physical industries — manufacturing, energy, hospitality, and facilities management — have run on manual processes, aging equipment, and a shrinking pool of skilled workers. Critical maintenance and compliance can’t keep up with old clipboards and outdated systems. At Bessemer, we’ve always believed great software can transform these essential end markets. That’s why we’re doubling down on MaintainX — the modern Computerized Maintenance Management System (CMMS) and Enterprise Asset Management (EAM) platform helping frontline teams operate smarter, safer, and faster.
How MaintainX manages millions of work orders and assets
Used by over 11,000 companies globally, MaintainX streamlines workflows with an AI-powered, cloud-native platform that provides maintenance, reliability, and operations professionals with real-time visibility into work orders, preventive maintenance schedules, and asset histories — all within a user-friendly interface designed for frontline teams. The company’s mobile-first CMMS and EAM solution reduces unplanned downtime by 30+% and meets the complex compliance needs of some of the largest brands, including Hunter Douglas, Cintas, and Titan America.
Why we invested in MaintainX
We first led MaintainX’s Series B in 2021, invested again in their Series C, and are proud to further deepen the partnership by leading their $150M Series D. Co-founders Chris Turlica (CEO) and Hugo Dozois-Caouette (CTO) are building the platform powering the future of frontline operations—helping industries digitize, boost uptime, and foster operational excellence.
Since its founding in 2018, MaintainX has scaled fast — now serving thousands of global customers across manufacturing, facilities management, food and beverage, distribution centers, and more. The results speak for themselves: fewer breakdowns, better safety compliance, and higher uptime, which all result in hard ROI. In an industry where every minute of unplanned downtime counts, MaintainX is becoming the digital backbone for operations that can’t afford to not be proactive.
The future of industrial workflows with MaintainX
We have been continually impressed by MaintainX’s disciplined approach to growth and product expansion. The company has evolved from a digital clipboard replacement to a comprehensive industrial workflow platform. With a robust AI product roadmap, the company is positioned to become both the system of record and the system of action, for frontline operations — integrating predictive analytics, automated compliance, and real-time monitoring to drive safety, efficiency, and reliability at scale.
