Loading organizations...

§ Private Profile · 500 Seneca Street Buffalo, NY 14204
SaaS CMMS platform for commercial equipment owners to track and maintain machines, focusing on property and asset management.
HELIXintel, based in Buffalo, Western New York, provides a Computerized Maintenance Management System (CMMS) platform for commercial equipment owners to proactively track and maintain their machinery, inventory, and supplies across various commercial settings. The company operates a SaaS model, having secured venture capital funding including a $4 million seed round and an undisclosed Series A round in 2023, which facilitated team expansion by adding five members post-Series A. This funding supports its rapid onboarding of users and equipment. Key investors include LAB Ventures, Old Three Hundred, and Motivate Venture Capital, with MunichRe (parent of HSB) also participating. HELIXintel partners with The Hartford Steam Boiler (HSB) to serve a client base that includes property owners, contractors, and original equipment manufacturers. The company was founded in 2019 by Jon DeWald and Michael Mainier.
HELIXintel has raised $6.0M across 2 funding rounds.
HELIXintel has raised $6.0M in total across 2 funding rounds.
HELIXintel has raised $6.0M in total across 2 funding rounds.
HELIXintel's investors include Motivate Ventures, National Grid Partners, Alex Ferber, Green Egg Ventures, LAB Ventures, Timur Davis, Paolo Boero, 01 Ventures, Hustle Fund, Plug & Play Ventures, Will Szczerbiak.
HelixIntel is a Buffalo, New York-based technology company founded in 2019 that provides PropertyOS™, a comprehensive CMMS (Computerized Maintenance Management System) platform for asset management and predictive maintenance.[1][2][5] The platform serves facility managers, maintenance teams, and insurers across industries like manufacturing, education, government, facilities, retail, and commercial real estate by digitizing workflows, automating work orders, preventive schedules, asset tracking, and real-time insights to optimize energy efficiency, extend asset life, reduce risks, and lower insurance claims.[1][2][3][5] With $23.25M raised (including a recent $10K incubator round), SOC 2 Type 2 certification, and integrations like HSB IoT sensors, HelixIntel demonstrates strong growth momentum, evidenced by its Mosaic Score rising +137 points in the past 30 days and adoption in diverse sectors.[1][4]
HelixIntel emerged from the real-world frustrations of maintenance teams facing outdated tools, scattered data, and limited resources, aiming to redefine how maintenance and insurance collaborate.[2] Founded in 2019 in Buffalo, NY, the company built PropertyOS™—including the core HelixCMMS tool—to empower teams with predict-and-prevent capabilities, shifting from reactive breakdowns to proactive reliability.[1][2] Early traction came through addressing equipment tracking needs for businesses like stores, restaurants, factories (e.g., HVAC, air compressors), with pivotal expansions like Location Reservations for event coordination and HSB IoT integrations announced in August 2024, alongside securing over $12.6M in funding across two rounds.[1][2][4][5]
HelixIntel rides the IoT-driven predictive maintenance wave, capitalizing on Industry 4.0 trends where real-time data analytics and AI prevent downtime amid rising operational costs and sustainability demands.[1][2][4] Timing aligns with post-pandemic supply chain pressures and insurance shifts toward risk mitigation, enabling sectors like manufacturing and facilities to cut costs via proactive insights—e.g., automating workflows reduces manual efforts while insurers leverage data for safer behaviors.[2][3] In the ecosystem, it influences by fostering reliability engineering, partnering with insurers, and serving underserved SMBs in non-tech-heavy industries, thus democratizing enterprise-grade CMMS beyond big players.[1][5]
HelixIntel is poised for accelerated scaling with its recent funding, IoT expansions, and Mosaic Score surge signaling robust market validation—next steps likely include deeper AI analytics, global insurer partnerships, and vertical-specific modules to capture the booming $10B+ CMMS market.[1][4] Trends like edge computing, ESG compliance, and rebate optimization via data will propel growth, potentially evolving its influence from regional innovator to national reliability standard-setter for asset-heavy operations. This positions HelixIntel to transform maintenance from cost center to strategic advantage, echoing its founding mission to make operations smarter and safer.[2]
HELIXintel has raised $6.0M across 2 funding rounds. Most recently, it raised $4.0M Seed in March 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 1, 2022 | $4M Seed | — | Motivate Ventures, National Grid Partners, Alex Ferber, Green EGG Ventures, LAB Ventures, Timur Davis, Paolo Boero | Announced |
| May 1, 2021 | $2M Seed | — | 01 Ventures, Hustle Fund, Motivate Ventures, Plug & Play Ventures, Will Szczerbiak | Announced |