Field Nation Analysis: $30M Raised
What is Field Nation?
Field Nation is a labor marketplace that connects companies with skilled technicians for on-site IT services. Their platform allows businesses to find, dispatch, and pay technicians efficiently, ensuring quality and control over labor costs. This approach enables companies to complete over 1 million work orders annually with a high success rate across various skill sets and locations.
Employees
201-500
Founded
2008
Industry
SaaS, Marketplace
Latest Funding Round Size
Series B
Parent Company Website
Public Company Status
Private
Recent Venture Round Amount
$30,000,000
Product Features & Capabilities
- On-site technician marketplace for IT services
- Real-time visibility for work completion
- Vetting process for technician selection
- Cost-saving labor management solutions
- Nationwide coverage for service requests.
Use Cases
Connect with skilled technicians for IT projects; Reduce labor costs through direct hiring; Improve service outcomes with vetted professionals; Scale workforce based on demand; Manage technician payments and scheduling efficiently.
How much Field Nation raised
Series B - $30M
September 10, 2015Lead Investor: Susquehanna Growth Equity
Seed Round - $150K
July 26, 2011Lead Investor: Not specified
Other Considerations
98% success rate in work order completion; Over 600,000 service sites covered; Serves more than 7,000 service companies.