Fracttal, a leading company in AI-driven maintenance solutions, has closed a $35 million funding round led by Riverwood Capital, with participation from all of its existing investors. This investment strengthens Fracttal’s position as a global reference in maintenance and will enable the company to reach more markets and customers that can benefit from managing all their physical assets, maintenance tasks, and operations from a single platform.
Fracttal currently manages over 20 million registered assets and operates in more than 60 countries. Its clients include companies in industrial and facility maintenance sectors, such as Iberostar, Acciona, Veolia, Coca-Cola, and FedEx.
Christian Struve, CEO and Co-founder of Fracttal, explains: "Fracttal was born from the belief that maintenance should shift from being reactive to proactive and become a driver of significant operational efficiency improvements. 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 Long before launching Fracttal, we saw thousands of companies struggling with manual processes and outdated spreadsheets, and we knew there had to be a better way. Today, artificial intelligence is accelerating this change, and Fracttal is at the forefront with a platform based on predictive and agent-based capabilities that transform maintenance into a competitive advantage."
The company will use the investment to accelerate growth in Europe and Latin America, including key markets such as Mexico, Brazil, Spain, and France. These are strategic markets where Fracttal already has clear product-market fit, reference clients, and strong demand from medium and large enterprises seeking smarter, predictive maintenance solutions.
Struve emphasizes that the industry is undergoing a historic transformation: "Today, artificial intelligence and the proliferation of industrial sensors are opening possibilities that were unimaginable just a decade ago. We can now understand the state of an asset before it fails, learn from every operation, and empower maintenance teams to make faster and smarter decisions. This is the future we are building every day at Fracttal through 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 advanced AI and agent-based systems, IoT technologies, and other advanced functionalities. Fracttal will also invest in expanding its engineering, data science, product, sales, marketing, and customer success teams, while strengthening its internal structure for sustainable scaling. In parallel, the company will actively explore inorganic growth opportunities, including strategic acquisitions and partnerships, to accelerate expansion into new markets, deepen product capabilities, and consolidate leadership in key regions.
"Having Riverwood Capital as a partner marks a turning point for us," adds Struve.
"They know how to scale technology companies globally, how to build strong businesses, and how to support founders who aim to transform entire industries. Their support comes at the perfect time for our global ambitions, reinforcing our leadership in Latin America and accelerating our expansion in Europe, a region where we see enormous opportunity to deploy our vision of AI-driven maintenance."
Francisco Álvarez-Demalde, Co-founder and Managing Partner at Riverwood Capital, comments: "Maintenance is one of the largest and most critical functions in the industrial and infrastructure sectors, yet it has historically been underserved by modern software. Fracttal has developed a top-tier platform, powered by AI, with the technological depth needed to transform how organizations manage complex, distributed assets."
Federico Storani, Executive Director at Riverwood Capital, who will join Fracttal’s Board of Directors, adds: "Fracttal is in a unique position to continue expanding globally, with strong momentum in Latin America and rapidly growing presence in Europe. We are excited to work alongside Christian and the Fracttal team as they scale internationally and continue advancing the future of predictive and intelligent maintenance."
Struve also highlighted the participation of existing investors: "It is very meaningful for us that all our current investors, especially Seaya Ventures along with Kayyak, GoHub, and Amador, are doubling down on Fracttal. It is a very clear signal. They have seen the product mature, the technology scale, and the real impact we are generating for our clients, and they have decided to continue supporting us in this new phase."
Pablo Pedrejón, Partner at Seaya Ventures and one of Fracttal’s earliest investors, adds: "Execution has been key in the company’s trajectory. We invested in Fracttal from the beginning because the team combined deep sector knowledge with strong long-term execution capability. Since then, they have consistently delivered on their roadmap, expanded internationally, and built a platform that solves critical operational problems. This new phase is about scaling that impact globally."
About Fracttal
Fracttal is a global company specializing in AI-powered maintenance and physical asset management software, with international presence and over 1,500 clients. Its solution, Fracttal One, centralizes all maintenance operations through open integrations with any enterprise system and third-party IoT sensors, as well as its own IoT hardware portfolio.
Complemented by its IoT device line, Fracttal Sense, the company enables organizations to operate more efficiently, safely, and sustainably, becoming a technology partner that connects data, people, and assets in modern industry.
More information: www.fracttal.com
About Riverwood Capital
Riverwood Capital invests in high-growth technology and technology-related companies. The firm offers a unique combination of operational, strategic, technological, and financial expertise to portfolio companies seeking capital and support to scale globally. Founded in 2008, Riverwood has invested in more than 85 companies and has offices in Menlo Park, Miami, New York, and São Paulo.
More information: www.riverwoodcapital.com
cloud technology axon
Xcalibur Smart Mapping, recognised as the global leader in airborne...
