MachineMax Overview

  • Year Founded
  • 2018

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 85

Employees

  • Latest Deal Type
  • M&A

MachineMax General Information

Description

Developer of an equipment management platform designed to source data directly from construction, mining, and industrial operations. The company uses digital twin architecture and utilizes multiple connectivity solutions and data sources to automate business processes and surface actionable insights, enabling customers to optimize and maximize the profitability and productivity of their operations, as well as achieve sustainability goals

Contact Information

Website
www.machinemax.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 24 Lime Street
  • London EC3M 7HS
  • England, United Kingdom
Primary Industry
Business/Productivity Software
Other Industries
Media and Information Services (B2B)
Electronic Equipment and Instruments
Parent Company
Vesta Software Group
Vertical(s)
Big Data, SaaS, Artificial Intelligence & Machine Learning, Internet of Things
Corporate Office
  • 24 Lime Street
  • London EC3M 7HS
  • England, United Kingdom

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MachineMax Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Merger/Acquisition 20-Sep-2024 Completed Generating Revenue
5. Accelerator/Incubator 19-Aug-2021 Completed Generating Revenue
4. Merger/Acquisition 24-Jun-2021 Completed Generating Revenue
3. Accelerator/Incubator 21-Jun-2021 Completed Generating Revenue
2. Early Stage VC (Series A) 16-Jan-2020 $6.47M $10.6M Completed Generating Revenue
1. Seed Round 01-Oct-2018 $4.15M $4.15M Completed Generating Revenue
To view MachineMax’s complete valuation and funding history, request access »

MachineMax Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series A
To view MachineMax’s complete cap table history, request access »

MachineMax Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an equipment management platform designed to source data directly from construction, mining, and industrial
Business/Productivity Software
London, United Kingdom
85 As of 2026

Amsterdam, Netherlands
 

Rome, Italy
 
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MachineMax Competitors (36)

One of MachineMax’s 36 competitors is Capte (Business/Productivity Software), a Accelerator/Incubator Backed company based in Amsterdam, Netherlands.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Capte (Business/Productivity Software) Accelerator/Incubator Backed Amsterdam, Netherlands
Octo Telematics Formerly PE-Backed Rome, Italy
Zonar Systems Private Equity-Backed Seattle, WA
Hyland Software Private Equity-Backed Westlake, OH
Rarestep Venture Capital-Backed Birmingham, AL
You’re viewing 5 of 36 competitors. Get the full list »

MachineMax Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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MachineMax Former Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds
B Capital Group Venture Capital Minority
BCG Digital Ventures Accelerator/Incubator Minority
HS2 (Birmingham) Government
Shell (Energy Exploration) Corporation Majority
Shell Ventures Corporate Venture Capital Minority
You’re viewing 5 of 6 investors. Get the full list »

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MachineMax FAQs

  • When was MachineMax founded?

    MachineMax was founded in 2018.

  • Where is MachineMax headquartered?

    MachineMax is headquartered in London, United Kingdom.

  • What is the size of MachineMax?

    MachineMax has 85 total employees.

  • What industry is MachineMax in?

    MachineMax’s primary industry is Business/Productivity Software.

  • Is MachineMax a private or public company?

    MachineMax is a Private company.

  • What is MachineMax’s current revenue?

    The current revenue for MachineMax is .

  • How much funding has MachineMax raised over time?

    MachineMax has raised $10.6M.

  • Who are MachineMax’s investors?

    B Capital Group, BCG Digital Ventures, HS2 (Birmingham), Shell (Energy Exploration), and Shell Ventures are 5 of 6 investors who have invested in MachineMax.

  • Who are MachineMax’s competitors?

    Capte (Business/Productivity Software), Octo Telematics, Zonar Systems, Hyland Software, and Rarestep are some of the 36 competitors of MachineMax.

  • When was MachineMax acquired?

    MachineMax was acquired on 20-Sep-2024.

  • Who acquired MachineMax?

    MachineMax was acquired by Vesta Software Group.

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