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To tackle the management of operations in buildings.
As heating and energy efficiency becomes an increasing concern for real estate developers in the double whammy of environmental and financial crises, the need for enhanced analytics and maintenance cost control is more important than ever. Expanding internationally, WeMaintain is looking for a slice of the building operations management market, valued at $100 Billion globally.
Covering many of the building maintenance bases, WeMaintain’s “smart building” technology uses IoT sensors to check energy, safety, and cost readings in any given building. With solutions for escalators, elevators (the company’s initial sole focus), and multi-building management collated onto one platform, it’s unsurprising that the Otis-elevator technician-founded company has collated substantial funding since 2017.
A certified B Corporation, WeMaintain’s recent expansion into Singapore was enabled by its acquisition of fire safety system company Shokly. Its expansion into the Asia-Pacific speaks volumes about its potential in the future. With thousands of high-rise buildings located in Singapore alone, WeMaintain’s expansion paves the way for more offices across high-tech cities such as Seoul, Hong Kong, and Tokyo, with eyes on breaching the US market as well.
Kirsty
Company Specialist at Welcome to the Jungle
Jun 2021
$31.4m
SERIES B
Apr 2019
$7.4m
EARLY VC
Benoit Dupont
(CEO)Previously Service MOD Director at Otis Elevator Company.
Tristan Foureur
(CTO)Previously Site Reliability Engineer at Plivo, CTO at KRDS, Seniro Software Engineer at Telemetry, Software Engineer AdopteUnMec.