About WeMaintain
WeMaintain is a company based in Paris (France) founded in 2017.. WeMaintain has raised $46.12 million across 4 funding rounds from investors including Eurazeo, Bpifrance and Idinvest Partners. WeMaintain has completed 1 acquisition, including Shokly. WeMaintain offers products and services including Maintenance Operations and IoT Monitoring. WeMaintain operates in a competitive market with competitors including SMS Assist, Happy, Plentific, SAUTER and Latchel, among others.
- Headquarter Paris, France
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Sectors
Business ServicesEnergy & Utilities Real Estate & Construction
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Phone
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Website
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Social
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Products & Services of WeMaintain
WeMaintain offers a comprehensive portfolio of products and services, including Maintenance Operations and IoT Monitoring. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Expert maintenance for lifts and escalators to minimize breakdowns.
Real-time alerting and analytics for building equipment performance.
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Funding Insights of WeMaintain
WeMaintain has successfully raised a total of $46.12M across 4 strategic funding rounds. 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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Last Round
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First Round
First Round
(14 Feb 2018)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Series B - WeMaintain | Valuation | MTR Lab | |
| Jun, 2021 | Amount | Series B - WeMaintain | Valuation |
investors |
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| Apr, 2019 | Amount | Series A - WeMaintain | Valuation | Idinvest Partners , S.P.I.C.E Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in WeMaintain
WeMaintain has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Eurazeo, Bpifrance and Idinvest Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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MTR Lab is engaged in corporate venture capital and innovation investment.
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Founded Year | Domain | Location | |
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Private equity and debt investments are managed across multiple sectors.
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Founded Year | Domain | Location | |
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European tech companies are supported for U.S. market expansion.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by WeMaintain
WeMaintain has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Shokly. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Limited information available
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2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - WeMaintain
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Wemaintain Comparisons
Competitors of WeMaintain
WeMaintain 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 SMS Assist, Happy, Plentific, SAUTER and Latchel, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
SaaS-driven maintenance solutions for commercial spaces are provided.
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| domain | founded_year | HQ Location |
Software for property maintenance, asset management, and leasing is developed.
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| domain | founded_year | HQ Location |
SaaS solutions for property maintenance and repair management are provided.
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| domain | founded_year | HQ Location |
IoT-based building automation solutions are provided for environmental control.
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| domain | founded_year | HQ Location |
Maintenance management software is provided for property owners and managers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Wemaintain
Frequently Asked Questions about WeMaintain
When was WeMaintain founded?
WeMaintain was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is WeMaintain located?
WeMaintain is headquartered in Paris, France.
Is WeMaintain a funded company?
WeMaintain is a funded company, having raised a total of $46.12M across 4 funding rounds to date. The company's 1st funding round was a Series A of $7.87M, raised on Feb 14, 2018.
What does WeMaintain do?
Founded in 2017 and based in Paris, France, WeMaintain operates in the elevator maintenance sector. Maintenance and repair services for elevators and lifts are provided, along with spare parts supply, targeting commercial buildings, corporate offices, and residential communities. An online B2B platform is utilized to connect users and handle customer queries, facilitating access to these services across various sectors.
Who are the top competitors of WeMaintain?
WeMaintain's top competitors include Plentific, Happy and SMS Assist.
What products or services does WeMaintain offer?
WeMaintain offers Maintenance Operations and IoT Monitoring.
How many acquisitions has WeMaintain made?
WeMaintain has made 1 acquisition, including Shokly.
Who are WeMaintain's investors?
WeMaintain has 11 investors. Key investors include Eurazeo, Bpifrance, Idinvest Partners, RAISE, and MTR Lab.
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