ServiceMax

Acquired

The global leader in asset-centric field service management

Pleasanton, United States · Founded 2007 · $260.0M raised

Employees
501–1000
Founded
2007
Business Model
B2B
Total Funding
$260.0M
Last Round
$80.0M Growth EquityFeb 2020
Rounds
4
Acquisition Date
Nov 2022

About

ServiceMax is the global leader in asset-centric field service management software, offering a cloud-based platform that optimizes technician productivity, streamlines workflows, and maximizes equipment uptime. Its unified suite supports work management, preventive maintenance, contract management, and mobile tools for complex industrial operations. Acquired by PTC in January 2023 for $1.46 billion.

Summary

ServiceMax is a HR Tech company based in Pleasanton, United States, founded in 2007. It has raised $260.0M in total across 4 rounds, most recently a $80.0M Growth Equity round in Feb 2020. Investors include PTC, Silver Lake and Salesforce Ventures.

Tech & App Stack

2 technologies & apps tracked

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Funding History

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AcquisitionNov 2022
$1.5B

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Series D through Acquisition — per-round amounts, valuations, and who invested in each round.

Investors

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