ServiceMax

Pleasanton, United States Founded: 2007 • Age: 19 yrs Acquired By PTC
Cloud-based software is provided for field service and asset management.
Annual revenue $8.2M Latest available
Total funding $308.8M 7 rounds
Employees 154 Tracked headcount
Investors 16 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About ServiceMax

ServiceMax is a company based in Pleasanton (United States) founded in 2007 was acquired by PTC in November 2022. ServiceMax has raised $308.76 million across 7 funding rounds from investors including Kleiner Perkins, PTC and General Electric. The company has 154 employees as of April 08, 2024. ServiceMax has completed 2 acquisitions, including LiquidFrameworks and Zinc. ServiceMax operates in a competitive market with competitors including AspenTech, CSE Global, irth Solutions, Kongsberg Digital and Aker Solutions, among others.

  • Headquarter Pleasanton, United States
  • Employees 154 as on 08 Apr, 2024
  • Sectors
    Energy & Utilities
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Servicemax Technologies (India) Private Limited
  • Date of Incorporation 20 Mar, 2007
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Energy & Utilities → Oil & Gas Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $8.2 M (USD)
    3.76
    as on Mar 31, 2023
  • Net Profit
    $1.09 M (USD)
    38.48
    as on Mar 31, 2023
  • EBITDA
    $1.3 M (USD)
    -6.76
    as on Mar 31, 2023
  • Total Equity Funding
    $308.76 M (USD)

    in 7 rounds

  • Latest Funding Round
    $26.76 M (USD), Series F

    Apr 01, 2022

  • Investors
  • Employee Count
    154

    as on Apr 08, 2024

  • Investments & Acquisitions
  • Acquired by
    PTC

    & 2 more

    (Nov 17, 2022)

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People of ServiceMax

Headcount 5000-10000
Employee Profiles 839
Board Members and Advisors 10
Employee Profiles
People
Olga Lapovsky
Devops Engineer
People
Paulius Elvikis
Global Alliance Lead, Accenture
People
Andrew J. White
Enterprise Account Executive
People
Praveen Bansal
Principal Data Scientist

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Board Members and Advisors
people
Blake Moret
Director
people
Corinna Lathan
Independent Director
people
Janice D. Chaffin
Independent Director
people
Amar Hanspal
Independent Director

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Funding Insights of ServiceMax

ServiceMax has successfully raised a total of $308.76M across 7 strategic funding rounds. The most recent funding activity was a Series F round of $26.76 million completed in April 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in ServiceMax

ServiceMax has secured backing from 16 investors, including institutional and venture fund investors. Prominent investors backing the company include Kleiner Perkins, PTC and General Electric.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Support is offered to entrepreneurs in cloud business applications.
Locked Locked Locked
Tech focused Early and growth stage VC firm investing in the US
Locked Locked Locked
Mayfield is focused on AI innovation and venture capital investments.
Locked Locked Locked
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Investor details for ServiceMax

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by ServiceMax

ServiceMax has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include LiquidFrameworks and Zinc.

Investments
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Investment portfolio details for ServiceMax

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  • Portfolio identities
  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Secure mobile messaging is offered for field workforce collaboration.
Locked Locked 2013 Locked
Field management solutions for energy and environmental sectors are delivered.
Locked Locked 2001 Locked
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Complete acquisition details for ServiceMax

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  • Acquired stakes
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  • Domains and locations

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Financial Statements - ServiceMax

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Detailed financials for ServiceMax

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  • Profit trends
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Servicemax Comparisons

ServiceMax Primary company
Description
Cloud-based software is provided for field service and asset...
Location
Pleasanton, United States
Founded Year
2007
Annual Revenue
$8.2 M (USD)
Net Profit
$1.09 M (USD)
EBITDA
$1.3 M (USD)
Employees
154
As of 2024
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Peer comparison for ServiceMax

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Competitors of ServiceMax

ServiceMax operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as AspenTech, CSE Global, irth Solutions, Kongsberg Digital and Aker Solutions, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
AI-based software for manufacturing process optimization is offered.
Locked Locked Locked
System integration and automation solutions are provided for industrial applications.
Locked Locked Locked
Cloud-based workforce management solutions are provided for infrastructure risks.
Locked Locked Locked
AI-powered industrial work surface solutions are provided for heavy-asset sectors.
Locked Locked Locked
Diversified solutions for oil and gas operations are provided worldwide.
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Detailed competitors of ServiceMax

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  • Domains and locations
  • Full company profiles
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Latest news on Servicemax

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Complete news archive for ServiceMax

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about ServiceMax

ServiceMax was founded in 2007 and raised its 1st funding round 3 years after it was founded.

ServiceMax is headquartered in Pleasanton, United States. It is registered at Pleasanton, California, United States.

ServiceMax is a funded company, having raised a total of $308.76M across 7 funding rounds to date.

As of Apr 08, 2024, the latest employee count at ServiceMax is 154.

Annual revenue of ServiceMax is $8.2M as on Mar 31, 2023.

Cloud-based software provider for field force and asset management. The product offerings include Field Service Management, a mobile workforce management solution with features such as employee scheduling, work order management, real-time communication, dispatch management, job planning, etc. Asset Service Management, an industrial asset management software with features such as asset database, contractor management, preventive maintenance, parts returns management, etc.

ServiceMax's top competitors include AspenTech, SitePro and Kongsberg Digital.

ServiceMax has made 2 acquisitions, including LiquidFrameworks, and Zinc.

ServiceMax has 16 investors. Key investors include Kleiner Perkins, PTC, General Electric, Premji Invest, and Salesforce Ventures.

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