California-based, MaintainX, operation management platform raised $50 million at a $1 billion valuation led by Bain Capital Ventures in new funding.
The round was actively backed by Amity Ventures, Bessemer Venture Partners, Ridge Ventures, and August Capital. MaintainX also made some changes to the board. Jeff Immelt, Steve Pagliuca, Jeff Lawson, Chris Comparato, Rob Bernshteyn, Jennifer Tejada, and Allison Pickens help MaintainX to revolutionize growth.
MaintainX $50M At $1B
CEO MaintainX, Chris Turlica said that the funds raised will enable us to platform upgradation and onboard new resources.
MaintainX is an AI-powered operation management system that enables Enterprise Asset Management (EAM) to improve efficiency and streamline industrial processes.
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