There’s a certain irony in a world obsessed with digital transformation, 80% of the global workforce is deskless, yet barely 1% of enterprise software has bothered to pull up a folding chair for them. That’s not just a blind spot, it’s industrial malpractice.
In 2018, Chris Turlica, Hugo Dozois-Caouette, Mathieu Marengère-Gosselin, and Nick Haase didn’t just spot the gap, they walked into the fire. They didn’t ask how to digitize maintenance workflows for frontline workers. They asked why it hadn’t been done already. The result? MaintainX. A mobile-first CMMS platform with enterprise teeth, designed not for the deskbound, but for the hands-on crews who keep the industrial engine running while the rest of the world checks Slack.
Fast forward to July 9, 2025. MaintainX just raised $150 million in Series D funding, led by Bessemer Venture Partners, with serious backup from Bain Capital Ventures, D.E. Shaw Ventures, Amity Ventures, August Capital, Founders Circle Capital, Sozo Ventures, and Fifth Down Capital. Oh, and Rahul Mehta (DST Global) and Dave McJannet (HashiCorp) didn’t just show up to the party, they brought receipts.
With this round, MaintainX lands at a $2.5 billion valuation and $254 million raised to date. But here’s the part that matters: 11,000+ customers. 7.3 million assets managed. 54 million work orders closed. 370,000+ safety procedures processed annually. 12x revenue growth since 2020. You don’t fake those stats. That’s not a startup getting lucky, that’s a platform becoming infrastructure.
While most SaaS companies are still designing pretty dashboards for boardrooms, MaintainX is optimizing the brutal reality of machine uptime, compliance, and asset life cycles in factories, hotels, hospitals, and distribution centers. From Duracell to Shell, these aren’t logos, they’re complex ops environments that rely on the kind of product-market fit you can’t A/B test into existence.
And this isn’t a team playing house. Chris Turlica brings the discipline of a CFA and the hunger of an ex-EIR. Hugo Dozois-Caouette codes like someone who’s lived the edge cases. Mathieu Marengère-Gosselin built the mobile engine. Nick Haase? He’s made go-to-market into an art form. And behind the scenes? Linda Pham, Erich Ziegler, Chris Matton, and Justin Turner are scaling this thing like they’ve seen the movie and already wrote the sequel.
With AI-driven insights, IoT integrations, offline capability, and real-time asset visibility, MaintainX isn’t building software. They’re removing excuses. The parts delay? The unplanned downtime? The $1.4 trillion burned annually on broken processes? Yeah, that’s all fair game now.
