Fracttal, a leading company in AI-powered maintenance solutions, has closed a USD 35 million funding round led by Riverwood Capital, with participation from all existing investors. The investment reinforces Fracttal’s position as a global benchmark in maintenance and enables the company to reach more markets and customers who can benefit from managing all their physical assets, maintenance tasks, and operations from one unified platform.
Fracttal currently manages over 20 million registered assets and is active in 60+ countries. Customers operate in the manufacturing and facilities maintenance industries and include Iberostar, Acciona, Veolia, Coca-Cola and FedEx.
Christian Struve, CEO and co-founder of Fracttal, explains: “Fracttal was born from the conviction that maintenance must move from reactivity to proactivity, and be a driver of significant operational efficiency gains. It should be a source of intelligence and safety, not a burden. Long before launching Fracttal, we saw thousands of companies struggling with manual processes and outdated spreadsheets, and we knew there was a better way. Today, AI is accelerating this shift, and Fracttal is at the forefront with a platform built on predictive and agentic capabilities that transform maintenance into a competitive advantage.”
The company will use the investment to accelerate its growth across Europe and Latin America, including key markets such as Mexico, Brazil, Spain, and France. All strategic markets where Fracttal already has clear product-market fit, landmark logos, and strong demand from mid-market and enterprise customers looking for smarter, more predictive maintenance.
Struve stresses that the industry is undergoing a historic transformation: “Today, artificial intelligence and the proliferation of industrial sensors are opening possibilities that were unthinkable just a decade ago. We can now understand the condition of an asset before it fails, learn from every operation and empower maintenance teams to make faster, better decisions. That is the future we build every day at Fracttal thanks to our platform and our commitment to true Maintenance Intelligence.”
A significant portion of the investment will be allocated to product development, with a strong focus on enhanced AI and agentic capabilities, IoT sensor technologies, and advanced vertical functionalities. Fracttal will also invest in scaling its teams across engineering, data science, product, sales, marketing, and customer success, while strengthening the internal structure needed to scale sustainably. In parallel, the company will actively pursue inorganic growth opportunities, including strategic acquisitions and partnerships, to accelerate market expansion, deepen product capabilities, and consolidate its leadership in key regions.
“Having Riverwood Capital as a partner marks a turning point for us,” Struve adds. “They know how to scale technology companies globally, how to build durable businesses, and how to support founders who aim to transform entire industries. Their support comes at the perfect time for our global ambitions, strengthening our leadership in Latin America and accelerating our expansion in Europe, a region where we see a massive opportunity to deploy our AI-driven vision for the future of maintenance.”
Riverwood Capital Co-Founder & Managing Partner Francisco Alvarez-Demalde commented: “Maintenance is one of the largest and most mission-critical functions across industrial and infrastructure sectors, yet it has historically been underserved by modern software. Fracttal has developed a world-class, AI-driven platform with the technological depth needed to transform how organizations manage complex, distributed assets.”
Riverwood Capital Executive Director Federico Storani, who will be joining Fracttal’s Board, added: “Fracttal is uniquely positioned for continued global expansion, with strong momentum in Latin America and a rapidly growing footprint in Europe. We are excited to work with Christian and the Fracttal team as they scale internationally and continue advancing the future of predictive, intelligent maintenance.”
Struve also highlighted the participation of existing investors: “It means a lot to us that all of our current investors, especially Seaya Ventures alongside Kayyak, GoHub, and Amador, are doubling down. It’s a strong signal. They’ve seen the product mature, the technology scale, and the impact we’re having with customers, and they’re choosing to continue backing us in this next phase.
Pablo Pedrejón, Partner at Seaya Ventures and an early investor in Fracttal, added that execution has been key to the company’s trajectory: “We invested in Fracttal early because the team combined deep domain knowledge with the ability to execute over the long term. Since then, they’ve consistently delivered on their roadmap, expanded internationally, and built a platform that solves real, operationally critical problems. This next phase is about scaling that impact globally.”