Smart Buildings

WeMaintain Achieves Strong International Growth: 70% Business Outside France

This Research Note examines the French startup, WeMaintain, established as an independent maintenance company to challenge the incumbent elevator and escalator manufacturers with IoT-based monitoring and superior service.  This article updates our 2022 Research Notes on the company in  July 2022 and October 2023. WeMaintain Profile Founded in 2017, WeMaintain offers tech-enabled predictive maintenance operations in commercial and residential buildings. The startup equips lifts with sensors and uses digital tools to provide reliable data for optimizing building management. They are challenging the incumbent elevator manufacturers with a strong customer service proposition, claiming to give asset owners and operators real-time information not previously available to them, helping to reduce their costs by 25% and improve the performance and energy consumption of their equipment.   The company is based in Paris, France, with offices in the UK and Singapore and employs around 300 people, including 100 in France. Deployments WeMaintain services more than 1,000 buildings across the […]

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