Fracttal lands $35M to power global AI-driven maintenance
Madrid-based Fracttal, a fast-growing provider of AI-driven maintenance management software, has raised a $35 million growth round led by global growth investor Riverwood Capital. The fresh capital will be used to accelerate product innovation, deepen artificial intelligence capabilities and expand the company’s footprint across more than 60 countries, with a particular focus on Latin America and Europe.
Fracttal currently manages over 20 million assets for a roster of blue-chip customers that includes household names such as Coca-Cola and FedEx. Its cloud-based platform helps industrial and service companies shift from reactive to predictive maintenance, improving asset uptime while cutting operational costs.
AI-powered maintenance for a global customer base
Founded in Madrid, Fracttal has positioned itself as a next-generation computerized maintenance management system (CMMS) and enterprise asset management (EAM) platform. By combining IoT data, AI algorithms and cloud infrastructure, the company enables maintenance teams to monitor equipment health in real time, anticipate failures and schedule interventions before breakdowns occur.
With operations in more than 60 countries, the platform is used in sectors such as manufacturing, logistics, utilities, transport and facility management. Customers rely on Fracttal to manage millions of critical assets ranging from industrial machinery and vehicle fleets to refrigeration systems and building infrastructure.
By centralising asset data and maintenance workflows in a single, cloud-native environment, Fracttal aims to replace legacy spreadsheets and on-premise systems that often lack real-time visibility and advanced analytics. The company’s AI layer helps identify patterns in equipment behaviour, enabling predictive maintenance strategies that reduce downtime and extend asset life cycles.
Riverwood Capital leads growth-focused round
The $35 million round is led by Riverwood Capital, a global growth equity firm known for backing technology companies in expansion stages. The investment underscores growing investor confidence in the industrial digitalization and Industry 4.0 segments, where AI-driven maintenance is increasingly seen as a strategic priority.
With this funding, Fracttal is expected to accelerate hiring in product development, data science and go-to-market roles. The company plans to strengthen its presence in core markets such as Spain, Mexico, Brazil and Chile, while also entering new European geographies where demand for modern asset management tools is rapidly rising.
Strategic priorities for the new capital
According to the company’s roadmap, the investment will be channelled into three primary areas:
- AI and product innovation: Enhancing predictive analytics, failure detection models and automation features that streamline maintenance planning and execution.
- Geographic expansion: Scaling sales and customer success teams in Latin America and Europe, with a focus on large industrial and logistics hubs.
- Scalability and security: Investing in cloud infrastructure, data protection and compliance to support a rapidly growing global customer base.
For industrial players facing tight margins and increasing pressure to maintain operational continuity, these enhancements are intended to translate directly into lower maintenance costs, improved asset reliability and better use of field technicians and maintenance engineers.
Rising demand for intelligent maintenance platforms
The new funding round comes at a time when companies worldwide are accelerating adoption of AI-powered maintenance solutions. Ageing infrastructure, labour shortages and supply chain volatility have made unplanned downtime more costly than ever, pushing organizations to seek data-driven tools that can predict failures and optimize maintenance schedules.
Cloud-native platforms like Fracttal allow organizations to connect sensors, machines and enterprise systems, creating a unified view of asset performance. By analysing historical and real-time data, AI algorithms can recommend the best moment to service equipment, order spare parts or dispatch technicians, improving both operational efficiency and worker safety.
For global brands such as Coca-Cola and FedEx, this visibility is critical across distributed operations. From bottling plants and cold chains to sorting centres and delivery fleets, the ability to track every asset’s condition and maintenance history can significantly reduce disruptions and protect revenue.
Strengthening Spain and LatAm’s tech ecosystem
The growth round also highlights the increasing maturity of the Spanish and Latin American technology ecosystems, particularly in B2B SaaS and industrial technology. Madrid has emerged as a key hub for enterprise software, with companies like Fracttal building globally competitive solutions from the region.
By expanding further into Latin America, Fracttal is tapping into markets where many industries are still in early stages of digital transformation. As factories, logistics operators and utilities look to modernize their asset management practices, demand for scalable, cloud-based maintenance platforms is expected to grow strongly.
Backed by Riverwood Capital and supported by a client base that already spans over 60 countries, Fracttal is positioning itself as a reference player in the global race to make industrial maintenance smarter, safer and more efficient.