# ServiceMax

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/servicemax

- Industry: Software
- Headquarters: Pleasanton, US
- Total disclosed funding: $204M
- Latest round: Series F (Aug 26, 2015)
- Investors on record: 13

## About

Based in California, US, and founded in 2007, ServiceMax, Inc. operates as a provider of asset-centric field service management SaaS solutions. In November 2022, PTC Inc. agreed to acquire a majority stake in ServiceMax, Inc. from GE Digital, Silver Lake, and Salesforce Ventures for USD 1.46 billion in cash. PTC Inc. will pay USD 808 million upfront with a further USD 650 million in development and sales milestone.

ServiceMax provides a comprehensive field service platform that includes tools for asset management, technician productivity, and remote service. Key products include ServiceMax Core, which focuses on optimizing asset uptime and technician workflows, and FieldFX, which is tailored for energy service companies. Asset 360 for Salesforce bridges the gap between service and asset data, offering real-time insights for better decision-making.

## Funding rounds

- Series F, Aug 26, 2015, $82M — Adams Street Partners, GE Capital, Equity, Kleiner Perkins, Mayfield Fund, Meritech Capital Partners, Trinity Ventures, Questmark Management Company, Emergence Capital, Crosslink Capital, PremjiInvest, Cloud Apps Capital Partners, Sozo Ventures
- Series E, Feb 25, 2014, $71M — Adams Street Partners, Kleiner Perkins, Mayfield Fund, Meritech Capital Partners, Trinity Ventures, Questmark Management Company, Emergence Capital, Crosslink Capital, Salesforce, Inc., Sozo Ventures
- Series D, Dec 17, 2012 — Adams Street Partners
- Series D, Nov 7, 2012, $27M — Mayfield Fund, Trinity Ventures, Emergence Capital, Crosslink Capital
- Series C, Jun 7, 2011, $14M — Mayfield Fund, Trinity Ventures, Emergence Capital, Salesforce, Inc.
- Series B, Apr 13, 2010, $8M — Trinity Ventures, Emergence Capital, Salesforce, Inc.
- Series A, Nov 4, 2008, $2M — Emergence Capital

## Investors

- Emergence Capital (https://capitalatlas.ai/funds/emergence-capital) — Series A, Series B, Series C, Series D, Series E, Series F
- Trinity Ventures (https://capitalatlas.ai/funds/trinity-ventures) — Series B, Series C, Series D, Series E, Series F
- Salesforce, Inc. — Series B, Series C, Series E
- Mayfield Fund (https://capitalatlas.ai/funds/mayfield-fund) — Series C, Series D, Series E, Series F
- Crosslink Capital (https://capitalatlas.ai/funds/crosslink-capital) — Series D, Series E, Series F
- Adams Street Partners (https://capitalatlas.ai/funds/adams-street-partners) — Series D, Series E, Series F
- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series E, Series F
- Meritech Capital Partners (https://capitalatlas.ai/funds/meritech-capital-partners) — Series E, Series F
- Questmark Management Company (https://capitalatlas.ai/funds/questmark-management-company) — Series E, Series F
- Sozo Ventures (https://capitalatlas.ai/funds/sozo-ventures) — Series E, Series F
- GE Capital, Equity (https://capitalatlas.ai/funds/ge-capital-equity) — Series F
- PremjiInvest (https://capitalatlas.ai/funds/premjiinvest) — Series F
- Cloud Apps Capital Partners (https://capitalatlas.ai/funds/cloud-apps-capital-partners) — Series F