Berlin-based Mainteny Raises €2.7 Million in Seed Funding to Digitize Maintenance SMEs
2023-03-21
In an exciting development for the Berlin tech scene, Mainteny has announced it has raised €2.7 million in seed funding. The funds will be used to expand the development team, sales, and customer support for their SaaS platform for maintenance companies. This news comes as Mainteny is making waves by providing a software solution to digitize maintenance SMEs.
The seed funding round is led by Cusp Capital with participation from Smart Infrastructure Ventures, Tiny VC, and the founders of ProGlove. This level of investor interest is a testament to Mainteny’s innovative approach to digitizing maintenance SMEs.
Founded in 2020, Mainteny provides a tool for SMEs to digitize the administration, customer management, order management and fulfilment, spare parts management, and IoT integrations in their day-to-day business. This comprehensive software solution streamlines the entire maintenance process, offering maintenance organizations huge potential for additional improvements in terms of time, financial, and resource efficiency.
“At Cusp Capital, we firmly believe that industry-specific software revolutionizes the competitiveness of small and medium-sized enterprises by digitizing processes along the entire value chain,” says Johannes Behringer, Investor at Cusp Capital. “The need for this is high because in times of labor shortage and scarcity of raw materials, SMEs more than ever need to pay attention to using existing resources wisely.”
Mainteny’s founder and CEO, Tom Chenna, highlights the need for software solutions that cater specifically to small and mid-sized businesses. “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 Chenna. “Our software is intuitive to use and offers maintenance organizations 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.”
Mainteny’s seed funding announcement marks an important milestone for the Berlin tech scene and for the many maintenance SMEs who stand to benefit from their innovative software solution. As Mainteny expands its development team, sales, and customer support, we can expect to see more exciting developments from this promising startup.