Fracttal, an innovative technology startup revolutionizing maintenance and asset management through cutting-edge technology, has successfully secured over US$10 million in funding to transform the landscape of physical asset maintenance. Leading this investment is Kayyak Ventures, one of the most active VCs in the Latin American investment ecosystem, complemented by current investor GoHub Ventures, and with the collaboration of Amador Holdings.
Further bolstering this round is the strategic funding from BBVA Spark, a unit focused on funding high-impact companies within the BBVA banking conglomerate. This funding complements the initial investment from Seaya, which continues to be a strong supporter of Fracttal as it advances toward its next growth phase.
Fracttal provides an intelligent, fully mobile, cloud-based solution for maintenance and asset management that features Artificial Intelligence. This smart solution enables companies to monitor their maintenance processes with greater sustainability, security, and efficiency, ensuring operational continuity and worker safety.
With this investment, the company ensures the financial backing needed to carry out its plans precisely, achieving a balance between efficient capital growth and the search for ideal partners. This approach consolidates Fracttal’s growth in Europe and Latin America, reinforcing its leadership in the industry. The company’s international growth is already evident, driven by multinational clients adopting its solution in numerous subsidiaries.
Christian Struve explains, “Today, we hold undisputed leadership in maintenance management solutions in Latin America and are positioned among the best globally, providing support to thousands of companies in managing millions of assets. As we enter an exciting growth phase, our focus is on accelerating the delivery of unparalleled innovation to our customers. Our conviction is strengthened by an exceptional team, strategic partners, and visionary investors. Together, we are prepared to lead our global expansion, driven by our mission to reinvent maintenance to promote a more sustainable, secure, and efficient world.”
Cristóbal Silva, Partner at Kayyak Ventures, emphasized that “Fracttal’s solid financial performance, combined with its leadership in usability and engagement, demonstrates the value the company brings to its customers. Fracttal offers an essential solution that is at the convergence of global trends, such as cost reduction using IoT and AI technology, improvements in connectivity, and a focus on sustainability. Through the use of diverse data sets and an active user community, Fracttal is strengthening its leadership position in the maintenance management sector, both in Latin America and globally.”
Through the adoption of innovative solutions offered by Fracttal, companies are witnessing an unprecedented transformation in maintenance performance and occupational safety. The data speaks for itself; Fracttal’s clients report a significant reduction in asset incidents (over 25%). This improvement is reflected not only in the durability and efficiency of machinery but also in resource optimization and, consequently, a decrease in maintenance costs of at least 15%.
Companies have also experienced a substantial boost in productivity, with a reported increase of over 35%.
Fracttal works with companies in various sectors, including industrial, transportation, facilities, service companies, among others, including industrial giants such as Acciona, Unilever, Iberostar, Veolia, Burger King, Renault, Coca-Cola, and FedEx, as well as over 1,500 other companies.
Inés Calabuig, Managing Partner of GoHub Ventures, stated, “We are fully committed to Fracttal due to its remarkable ability to stand out in an intensely competitive market. Since its inception, the startup has successfully attracted clients from various sectors in multiple countries and has cultivated a dedicated and diligent team. At GoHub Ventures, we firmly believe that Fracttal is poised to become the benchmark for SaaS maintenance in Europe, and this funding round will allow them to consolidate their market-leading position.”
Fracttal’s Flagship Product: Fracttal One
Fracttal One allows businesses of any size or industry to smoothly manage maintenance operations for various types of assets, such as equipment, vehicles, machinery, or facilities, remotely from any device. This maintenance software, recognized as a leader in the world’s most prestigious rankings, promotes real-time collaboration among diverse teams and seamlessly integrates with any industrial solution or ERP system. Fracttal One improves decision-making, enhances efficiency, and extends the lifespan of physical assets. Simultaneously, it mitigates unplanned incidents and downtime that can lead to high costs, profit losses, and accidents. Enriching its offering further, Fracttal presents an AI-driven maintenance solution that allows companies to proactively anticipate equipment failure conditions with unparalleled precision, making maintenance operations smarter than ever.
“Even today, over 80% of companies lack an appropriate maintenance management solution; instead, the vast majority use spreadsheets or manual processes. Aware of this gap, we have developed ‘Fracttal One,’ an innovative solution designed to simplify maintenance practices. At the same time, we are leading the way toward the future of maintenance with advanced tools driven by Artificial Intelligence and IoT. Our technology not only digitizes all aspects of maintenance management but also proactively anticipates potential equipment issues, providing real-time information and practical solutions to improve our customers’ operations,” says Christian Struve, CEO and co-founder of Fracttal.
In a broad and constantly expanding market, Fracttal is at the forefront of cutting-edge technological trends, such as cost reduction through IoT implementation, advances in connectivity, data management, and Artificial Intelligence and Machine Learning capabilities. Additionally, the company is in tune with the evolution of society and culture, where sustainability and a focus on ESG (environment, social responsibility, and corporate governance) are gaining prominence.
Fracttal is committed to sustainability and protecting the planet. During the last 3 years, its customers have avoided the emission of 1,020 tons of CO2 into the environment through digital work orders.
“We consider Fracttal’s technology ‘indispensable’ rather than ‘optional.’ Companies must effectively manage the maintenance of their assets and equipment to ensure their longevity, reduce downtime, and maximize operational efficiency. Without a proper maintenance system, companies face the risk of costly repairs, unplanned shutdowns, decreased productivity, and potential safety threats. With Fracttal, companies manage their maintenance programs, monitor the health of their assets, and detect potential issues in the early stages, avoiding significant long-term complications,” emphasizes Cristóbal Silva, Partner at Kayyak Ventures.
Fracttal’s strong foundation is built on data and its active user community. As the company accumulates more data, it continuously improves its products. This aspect is crucial in a world where Artificial Intelligence is constantly evolving, and models are becoming common products, allowing data owners to gain significant advantages. Additionally, as Fracttal expands its presence, it becomes a reference in its category, further driving its growth. Fracttal’s community-focused approach is evident through events, certifications, and a learning academy. In this regard, the Fracttal Academy has awarded over 3,000 certificates free of charge, reinforcing the importance of Fracttal’s knowledge in the industry, reaching the point of being an essential skill in many cases to secure employment in the sector.