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
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Sectors
Energy & UtilitiesTechnology
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Phone
Locked
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Website
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Social
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- Legal Name Servicemax Technologies (India) Private Limited
- Date of Incorporation 20 Mar, 2007
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$8.2 M (USD)3.76as on Mar 31, 2023
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Net Profit
$1.09 M (USD)38.48as on Mar 31, 2023
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EBITDA
$1.3 M (USD)-6.76as on Mar 31, 2023
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Total Equity Funding
$308.76 M (USD)
in 7 rounds
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Latest Funding Round
$26.76 M (USD), Series F
Apr 01, 2022
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Investors
Kleiner Perkins
& 15 more
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Employee Count
154
as on Apr 08, 2024
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Investments & Acquisitions
LiquidFrameworks
& 1 more
- Acquired by
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People of ServiceMax
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Software Development Team
251 people
Leadership Team
130 people
Sales and Marketing
102 people
Product Management Team
58 people
Senior Team
44 people
Operations Team
35 people
Principal Team
24 people
Human Resources and Administration
22 people
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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.
| Investor | Description | Founded Year | Domain | Location |
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Support is offered to entrepreneurs in cloud business applications.
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Tech focused Early and growth stage VC firm investing in the US
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Mayfield is focused on AI innovation and venture capital investments.
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Investor details for ServiceMax
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Investments & Acquisitions by ServiceMax
ServiceMax has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include LiquidFrameworks and Zinc.
Investment portfolio details for ServiceMax
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Secure mobile messaging is offered for field workforce collaboration.
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Field management solutions for energy and environmental sectors are delivered.
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Locked | Locked | 2001 | Locked |
Complete acquisition details for ServiceMax
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Financial Statements - ServiceMax
Detailed financials for ServiceMax
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- Profit trends
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Servicemax Comparisons
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 |
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AI-based software for manufacturing process optimization is offered.
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System integration and automation solutions are provided for industrial applications.
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Cloud-based workforce management solutions are provided for infrastructure risks.
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AI-powered industrial work surface solutions are provided for heavy-asset sectors.
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Diversified solutions for oil and gas operations are provided worldwide.
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Detailed competitors of ServiceMax
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Latest news on Servicemax
Complete news archive for ServiceMax
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- Full article archive
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- Older coverage
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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.