Fexa, a Mullica Hill, NJ -based SaaS (Software-as-a-Service) solution for facility maintenance departments and service providers looking to improve the efficiency and cost-effectiveness of their operations, announced $40 million in funding.
The investment was from Mainsail Partners, a growth equity firm that invests in fast-growing, bootstrapped software companies.
Fexa plans to use the capital to accelerate the development of product features, enhance integration capabilities, and broaden industry partnerships.
Company: Zamo Technologies, LLC
Raised: $40.0M
Round: Growth
Funding Month: July 2022
Lead Investors: Mainsail Partners
Additional Investors:
Company Website: https://fexa.io/
Software Category: Facilities Management Software
About the Company: Founded in 2011, Fexa is a facilities management SaaS (Software-as-a-Service) solution dedicated to making it simpler for facilities and operations teams to achieve greater efficiency and ROI. The company’s highly configurable platform utilizes a compelling workflow engine to serve customers in a wide range of markets, including retail, healthcare, automotive, quick serve restaurant, e-commerce logistics, convenience, and broker or self-performing service providers. From work order, location, and asset management to complex project management, the Fexa platform strives to enhance and automate business and operational priorities through purpose-built, highly flexible software, tools, and support. Fexa is easy to use, flexible, and wicked smart.
Source: https://www.businesswire.com/news/home/20220728005344/en/Fexa-Announces-40-Million-Investment-from-Mainsail-Partners