# WeMaintain France

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/wemaintain-france

- Industry: Internet
- Headquarters: Paris, France
- Website: www.wemaintain.com
- Total disclosed funding: $33M
- Latest round: Series B (Jun 26, 2021)
- Investors on record: 9

## About

WeMaintain France SAS, based in France, specializes in advanced building maintenance solutions, utilizing technology to optimize the performance of essential systems such as elevators and escalators.Founded in 2017 in Paris, France, WeMaintain France SAS provides intelligent maintenance solutions for critical building systems. The company has successfully completed 4 deals, with its most recent funding round, Series B, raising EUR 23.00 mn on December 13, 2023, from investors including Bpifrance, Eurazeo, and Red River West. Benoit Dupont and Tristan Foureur are the founders, with Benoit Dupont currently serving as CEO. WeMaintain has not undergone significant changes in its business strategy since its inception.WeMaintain specializes in providing advanced building maintenance solutions that leverage technology and innovation to optimize the performance of critical customer-facing equipment. The company’s core offerings include intelligent maintenance strategies for elevators, escalators, automatic doors, and other essential building systems. By employing real-time data monitoring and analytics, WeMaintain enhances operational efficiency, reduces unexpected breakdowns, and extends equipment lifespans. Their services are designed for a diverse clientele, including residential buildings, office complexes, hotels, and hospitals, with a focus on creating seamless, data-driven operations.In 2022, WeMaintain reported revenue of EUR 5,912,112.10 and an EBITDA of EUR -9,419,996.80. The company generates revenue through a structured model that combines maintenance service agreements with technology-based solutions. Clients typically engage WeMaintain on a subscription basis, receiving ongoing maintenance services and real-time monitoring of their equipment. This model allows for predictable revenue streams, with a focus on property managers and facility management professionals.In December 2023, WeMaintain France SAS raised EUR 23.00 mn in Series B funding to support its development and market growth. The company plans to expand its market presence, particularly targeting new geographic regions, although specific markets have yet to be disclosed. The funding will be utilized to enhance product development and bolster market expansion efforts, aiming to increase its reach in the building maintenance sector.

## Funding rounds

- Series B, Jun 26, 2021, $27M — Eurazeo, Bpifrance, RAISE, Red River West, Verve Ventures
- Series A, Jun 26, 2019, $5.7M — Idinvest Partners, RAISE, Oteo Capital, Financière Saint James, Spice Capital Partners

## Investors

- Idinvest Partners (https://capitalatlas.ai/funds/idinvest-partners) — Series A
- RAISE (https://capitalatlas.ai/funds/raise) — Series A, Series B
- Oteo Capital — Series A
- Financière Saint James — Series A
- Spice Capital Partners — Series A
- Eurazeo (https://capitalatlas.ai/funds/eurazeo) — Series B
- Bpifrance — Series B
- Red River West (https://capitalatlas.ai/funds/red-river-west) — Series B
- Verve Ventures (https://capitalatlas.ai/funds/verve-ventures) — Series B