Fracttal, a leading provider of AI-powered maintenance intelligence software, has successfully closed a $35 million growth funding round. The investment was led by prominent technology investor Riverwood Capital, with continued participation from existing backers including Seaya, Kayyak Ventures, and GoHub Ventures. This significant capital injection is set to accelerate the company's mission to revolutionize how organizations manage their critical physical assets globally.
Modernizing Maintenance Operations
Historically, industrial maintenance has been hindered by fragmented data, manual processes, and outdated legacy systems. Fracttal was established to address these challenges by creating a unified, intelligent platform that connects assets, personnel, and operations in real time. The company's flagship product, Fracttal One, serves as a central operating system for maintenance management, moving the industry beyond spreadsheets and reactive repairs.
The platform integrates seamlessly with enterprise systems, third-party IoT sensors, and Fracttal's proprietary hardware portfolio, including the Fracttal Sense device line. This comprehensive connectivity enables organizations to gather and analyze data from across their industrial environments. By leveraging this information, companies can significantly improve operational efficiency, enhance workplace safety, and advance their sustainability goals through smarter asset management.
A Vision for Intelligent Asset Management
Fracttal's core conviction is that maintenance is a strategic pillar for productivity, safety, and sustainability in any asset-intensive organization. The company believes that connecting physical assets through data, sensors, and artificial intelligence is essential for anticipating failures and maximizing performance. This forward-thinking approach has positioned Fracttal at the forefront of the industry's digital transformation, turning maintenance into a competitive advantage.
The company's success is demonstrated by its expansive reach, currently serving over 1,500 customers across more than 60 countries. Its platform manages over 20 million registered assets for major global brands such as Coca-Cola, FedEx, Iberostar, and Veolia. This new funding validates Fracttal's sustained growth and the tangible impact its technology delivers to a diverse international client base.
Strategic Allocation of New Capital
The new capital will be strategically deployed to fuel the next phase of Fracttal's growth and innovation. A primary focus will be on advancing product development, particularly in pioneering the next generation of AI-native and agentic maintenance capabilities. Further investment will also be directed toward scaling its sensor-driven predictive maintenance solutions and enhancing its IoT sensor technologies for complex operations.
Alongside technological advancement, the company plans a significant global expansion, aiming to solidify its category leadership in Latin America and Spain while accelerating its presence across Europe. To support this growth, Fracttal will expand its teams in engineering, data science, sales, and customer success. The company also intends to pursue selective acquisitions and partnerships to accelerate market entry and deepen its product offerings.
This $35 million investment marks a pivotal milestone for Fracttal, affirming its market leadership and robust vision for the future of maintenance intelligence. By empowering frontline teams with superior technology, the company is well-positioned to continue its trajectory of transforming asset management. The funding will enable Fracttal to enhance its AI-driven platform, ensuring industrial operations become safer, more efficient, and more sustainable worldwide.