Limble offers Computerized Maintenance Management Systems (CMMS) for businesses to monitor and manage their non-connected physical assets. The platform includes a work order system that organizes work orders, preventive maintenance (PM) tasks, and other tasks for the entire team. It streamlines workflows, manages priorities, and provides detailed instructions with pictures, files, checklists, and more. The platform is accessible via a mobile app, which includes a work order request system and provides instant access to information about work orders, assets, parts inventory, and more.
Limble's platform also features a preventive maintenance program that automates PM scheduling based on time, usage, or condition. Additionally, the platform offers asset and inventory management features that allow the creation of custom asset hierarchies, real-time viewing of detailed asset maintenance logs, and printing of QR codes for quick asset lookup or work initiation.
Further, Limble provides an inventory control system that organizes spare parts, tracks unused parts, and conducts inventory cycle counts to keep physical inventories accurate. According to the company, using Limble's platform can increase team productivity by 49%, reduce part-spend by 37%, and reduce labor cost by 29%.
Key customers and partnerships
As of June 2024, 50,000+ organizations used Limble’s solutions, with key customers including DHL Global Forwarding, Holiday Inn, L'Oréal, McDonald's, Nike, Pepsi, RiteAide, and Unilever.
Funding and financials
In June 2023, Limble raised USD 58 million in a Series B funding round led solely by Goldman Sachs Growth Equity, bringing Limble's post-money valuation to USD 450 million.
The funds raised were used to continue the expansion of Limble's business. The company plans to enhance its no-code platform, potentially integrating technologies like generative AI to help customers build workflows and scripts around their inventories and maintenance databases.
Competitors: None under coverage. (Limble offers Computerized Maintenance Management Systems (CMMS) for businesses to monitor and manage their non-connected physical assets).
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