On April 30, 2025, AssetWatch, Inc., the fast-growing leader of end-to-end predictive maintenance and condition monitoring solutions, announced the close of a $75 million Series C funding round led by Viking Global Investors. The round also included new investor Harmonic Growth Partners and existing investors Wellington Management, G2 Venture Partners, Triangle Peak Partners, Osage University Partners, and others. Wilson Sonsini Goodrich & Rosati advised AssetWatch on the transaction.

The financing will fuel AssetWatch’s continued growth, expand its AI-powered platform capabilities, accelerate go-to-market initiatives to broaden internationally and in new markets, and strengthen its position as the trusted partner for manufacturers seeking to eliminate unplanned downtime and optimize asset performance.

The Wilson Sonsini team that advised AssetWatch on the transaction included Danielle Naftulin, Jacie Valentine, Maya Prasad, and Jasbir Bains.

For more information, please refer to AssetWatch’s news release.