Mainteny, a Berlin, Germany-based SaaS providing a software solution to digitize maintenance SMEs, announced it raised €2.7 million in seed funding.
The round was led by Cusp Capital, with participation from Smart Infrastructure Ventures, Tiny VC, and the founders of ProGlove.
The funds will go towards expanding its development team, sales, and customer support for its SaaS platform for maintenance companies.
"The many small and mid-sized businesses constitute the backbone of the entire technical infrastructure, but are drastically underserved in terms of their specific software needs,“ says Mainteny founder and CEO Tom Chenna. "Our software is intuitive to use and offers maintenance organisations huge potential for additional improvements in terms of time, financial and resource efficiency. By implementing our all-in-one solution, our customers are digitally positioning themselves to remain competitive in the future."
Company: Mainteny GmbH
Raised: €2.7M
Round: Seed Round
Funding Month: March 2023
Lead Investors: Cusp Capital
Additional Investors: Smart Infrastructure Ventures, Tiny VC, and the founders of ProGlove
Company Website: https://www.mainteny.com/
Software Category: Business Management Solutions
About the Company: Founded in 2020, Mainteny provides a tool for SMEs to digitize administration, customer management, order management and fulfillment, spare parts management, and IoT integrations in their day-to-day business. It helps facility management companies increase profit and service quality by providing digital tools for their everyday work. Mainteny is on a mission to empower small and medium-sized facility management companies with the right technology tools to stay competitive, customer-friendly, and achieve operational efficiency resulting in increased revenue.
Source: https://tech.eu/2023/03/20/berlin-start-up-mainteny-raises-2-7-million-seed-funding/