Deals
Operations Software MaintainX Reaches $1 Billion Value in Round
- Bain Capital Ventures leads $50 million investment in firm
- McDonald’s, Shell, Duracell are among MaintainX’s clients
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Maintenance software maker MaintainX has fetched a $1 billion valuation in a funding round led by Bain Capital Ventures, according to a statement reviewed by Bloomberg News.
The company raised $50 million in a round, which included participation from existing investors Bessemer Venture Partners and August Capital, among others such as Twilio Inc. Chief Executive Officer Jeff Lawson. The valuation for MaintainX marks a big jump from its last valuation of $191 million in 2021.