# Maintenance Assistant

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/maintenance-assistant

- Industry: Software
- Headquarters: Toronto, Canada
- Website: www.maintenanceassistant.com
- Total disclosed funding: $5M
- Latest round: Series A (Mar 10, 2016)
- Investors on record: 6

## About

Maintenance Assistant provides a robust Computerized Maintenance Management System (CMMS) that enhances operational efficiency for businesses across various industries through effective maintenance solutions.Maintenance Assistant, founded in 2008, is headquartered in Toronto, Canada. The company specializes in Computerized Maintenance Management Systems (CMMS) for improved maintenance operations. Bruno Pouliot, the founder and current CEO, has previously founded other ventures, although details of those are not specified. In March 2016, Maintenance Assistant raised USD 5 mn in Series A funding led by BuildGroup, marking the total amount raised to USD 5 mn. The firm has completed 2 deals since its inception.Maintenance Assistant offers a sophisticated Computerized Maintenance Management System (CMMS) designed to improve maintenance operations across sectors such as manufacturing, food and beverage, oil and gas, and heavy equipment. Its core functionalities include work order management, asset management, analytics and reporting, and parts management. The software enables users to create, prioritize, and assign work orders efficiently, reportedly allowing maintenance teams to operate 78% faster. Clients include organizations like Perth County Ingredients, Scottish Sea Farms, and Rambler Metals & Mining, primarily located in North America, Europe, and Australia. The application can be accessed remotely, facilitating offline maintenance management and promoting operational transparency.Maintenance Assistant operates on a subscription-based revenue model, enabling clients to access software services tailored to their specific operational needs. Engagement typically occurs through annual subscriptions, with various pricing tiers based on required functionalities, such as advanced analytics and mobile access. This pricing structure accommodates different organizational sizes, providing scalability. Key offerings, such as the CMMS and the Asset Risk Predictor, underscore the company's focus on optimizing maintenance processes and risk mitigation. Client transactions are primarily B2B, with businesses utilizing the software solutions to enhance maintenance strategies and reduce operational costs.Maintenance Assistant plans to leverage the USD 5 mn raised in the Series A funding round to support its growth initiatives following the March 2016 financing. The company is focused on launching new features within its CMMS to further streamline maintenance workflows. Additionally, it aims to expand its market reach into Europe and Australia, targeting completion of these expansions by the end of 2022.

## Funding rounds

- Series A, Mar 10, 2016, $5M — BuildGroup
- Angel, Dec 15, 2011 — FedDev Ontario, Niagara Angel Network, MaRS Investment Accelerator Fund, Georgian Angel Network, Golden Triangle Angel Network

## Investors

- FedDev Ontario — Angel
- Niagara Angel Network — Angel
- MaRS Investment Accelerator Fund (https://capitalatlas.ai/funds/mars-investment-accelerator-fund) — Angel
- Georgian Angel Network — Angel
- Golden Triangle Angel Network — Angel
- BuildGroup (https://capitalatlas.ai/funds/buildgroup) — Series A