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Announced

Completed

Bain Capital Ventures led a $50m Series C funding round in MaintainX.

Financials

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Transaction Value£39m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

frontline execution

Online and Social Platforms

Acquisition

Completed

Friendly

Single Bidder

Private

Minority

Domestic

Private Equity

Venture Capital

Synopsis

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Bain Capital Ventures, an investment advisory firm, led a $50m Series C funding round in MaintainX, a maintenance and frontline work execution platform, with participation from Bessemer Venture Partners, Amity Ventures, August Capital and Ridge Ventures. “We are building the backend for the industrial world. Production capacity and efficiency has proven to be of utmost importance in recent years, and that will only increase in our global economy. Our mission is to build software that keeps the physical world running and we have never been more excited by the road ahead,” Chris Turlica, MaintainX CEO and Co-Founder.

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