FA Company Spotlight: MaintainX
The floor of industry doesn't tolerate mistakes. A single valve seizing can halt a plant. A missed inspection can cascade into millions lost. Yet for decades, the systems trusted to protect frontline teams were relics of paper logs and scattered spreadsheets. That disconnect, between frontline urgency and executive visibility, is where MaintainX stepped in. And today, with 11,000+ customers, $254 million raised, and a fresh $150 million Series D at a $2.5 billion valuation, the company isn't just maintaining assets. It's maintaining advantage.
MaintainX was founded in 2018 by Chris Turlica, Hugo Dozois-Caouette, Nick Haase, and Mathieu Marengère-Gosselin. This wasn't theory spun in a lab. These were operators who had lived the pain of downtime firsthand. Chris Turlica, a McGill grad who balanced finance and psychology before leading product at Townsquared, fuses CFA discipline with startup instinct. Hugo Dozois-Caouette, engineer from Université de Sherbrooke and ex-Autodesk developer, is the technical architect. Nick Haase drives go-to-market and community while investing in frontier tech. And Mathieu Marengère-Gosselin, Polytechnique Montréal engineer, built the backbone ensuring reliability at scale.
The product looks simple: a mobile-first CMMS that unites work orders, preventive maintenance, inspections, inventory, and compliance. Underneath, it's engineered for velocity. AI CoPilot drafts orders, summarizes failures, and recommends parts. IoT integrations trigger condition-based maintenance. OEM libraries deliver proven procedures out of the box. The philosophy is clear: amplify human skill with machine precision.
The impact is measurable. Over 54 million work orders closed. 7.3 million assets tracked. Customers like McDonald's, Anheuser-Busch InBev, Shell, and Cintas report 34 percent fewer breakdowns and double-digit productivity gains. Bain Capital Ventures and Bessemer Venture Partners doubled down on the Series D, alongside D.E. Shaw Ventures, Amity Ventures, August Capital, Sozo Ventures, Founders Circle, and Fifth Down Capital. Notable backers Rahul Mehta and Dave McJannet joined, recognizing MaintainX as more than maintenance software, it's industrial intelligence.
Industry recognition followed. Verdantix ranked MaintainX top 3 in 8 of twelve CMMS categories, lauding AI and IoT depth. While CMMS as a market is forecast to grow from $718 million in 2025 to $1.08 billion in 2030, MaintainX is shaping a category it calls Asset & Work Intelligence: connecting the shop floor to the boardroom in real time.
The culture driving it is built around people. MaintainX invests in the 80% of workers not tied to desks, equipping them with software designed for their realities. From The Wrench Factor series hosted by Nick Haase to student programs and sustainability initiatives, the company is building not just tools but an ecosystem that elevates the profession.
With Series D momentum, MaintainX is hiring across engineering, AI/ML, product, customer success, and sales. For builders who want to move industries where downtime costs $1.4 trillion a year, the careers page is open. Because in this market, the real asset to maintain is urgency.
https://www.getmaintainx.com/careers
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