MaintainX Raises $3.8 Million for Its “Xtraordinary” Workflow Automation Platform
“May the (work)force be with you.”
It’s the go-to line for any white-bearded (or green) Jedi, and a phrase that applies to enterprise software as well. After all, the best B2B tech doesn’t just help businesses, it also helps people busting their chops on the frontlines. Few companies embody this philosophy more than MaintainX, the platform that’s streamlining mobile workflows for “deskless” employees, or 80 percent of the world’s total workforce.
Suffice it to say, our investment in MaintainX’s latest $3.8 million round was no Jedi mind trick.
We teamed up with Sapho founder and Ridge amigo Peter Yared, David Hornik at August Capital and CJ Reim at Amity Ventures, as well as angel investors like Thumbtack founder Jonathan Swanson, and ex-IBM CIO Richard Jhang. It’s more or less the VC-equivalent of the Jedi Council ….almost (a VC can dream).
There are plenty of reasons why MaintainX is drawing attention from software savants. The narrative is juicy: embattled frontliners fed up with clipboards and walkie-talkies (a traditionally overlooked segment of workers), and the supervisors and executives higher up the ladder can finally experience the speed, organization, and efficiency of a seamless, digital workflow platform.
💡Disrupting a space that hasn’t iterated much since the days of metal lunchboxes, mutton chop sideburns, and The Fonz, MaintainX could potentially leave a Slack-like stamp on the industry, and impact a much larger chunk of the workforce — 100 million workers, to be exact.
Co-founder/CEO Chris Turlica and the MaintainX team have built a product that’s accumulated some serious traction in a short amount of time.
Impressively, MaintainX set up shop in late 2018 and already has more than 1600 businesses that joined the platform.🌟🌟🌟🌟🌟
Marriott, Radisson, Subway, and Phillystran — — one of the largest rope manufacturers in the US — are only a few of the companies picking up what MaintainX is putting down.
We’re equally excited about the future of MaintainX, particularly how the company can further implement data and analytics to simplify workflows for deskless teams and their supervisors. As MaintainX evolves, its swath of data will only speed up and improve age-old processes, such as training and quality assurance, that have bottlenecked businesses for decades. Since MaintainX is using part of its new funding to establish a presence in Montreal, a hotbed for leading AI research, the company is well positioned to bring data-powered innovation to the trenches like never before.
The (work)force is indeed strong with MaintainX, and we’re excited to partner with a company that’s making frontline work less backbreaking. We love companies radically improving how the world interacts with software.
🎊From all of us at Ridge Ventures, congrats on the new round, team MaintainX! 👏👏👏
