The round was led by the Growth Equity business within Goldman Sachs Asset Management (Goldman Sachs), bringing the company's valuation to $450M. The funding will be used to expand Limble's product portfolio, further develop its powerful and intuitive user interface for asset monitoring and maintenance and accelerate its go-to-market strategy.

Limble delivers software designed by maintenance professionals, for maintenance professionals. Founded in 2015, the company created a modern CMMS that empowers maintenance professionals to implement preventive maintenance, easily manage assets, gain control of inventory, streamline workflows, report KPIs, organize work orders and realize millions of dollars in cost savings from reduced downtime, parts spend, labor and improved productivity. Thousands of customers worldwide trust Limble including McDonald's, Nike, Pepsi, DHL Global Forwarding and more.