ServiceTrade Analysis: $4M Raised
What is ServiceTrade?
ServiceTrade specializes in field service management software tailored for commercial service contractors. Their platform integrates various operational aspects, enhancing efficiency and client communication. This approach leads to improved profitability and streamlined operations for businesses in the service industry.
Employees
51-200
Founded
2012
Industry
SaaS
Parent Company
JMI Equity
Latest Funding Round Size
Private Equity
Parent Company Website
Public Company Status
Private
Recent Venture Round Amount
$3,666,000
Product Features & Capabilities
- Service management software for operations and client retention
- Inspection software for fire and life safety compliance
- Parts management software for technician efficiency
- Sales management software for proposals and pipeline tracking
- Mobile app for field technician productivity.
Use Cases
Streamline operations for commercial service contractors; Manage fire and life safety inspections; Optimize parts management for technicians; Enhance client communication through a customer portal; Create professional sales proposals and manage contracts.
How much ServiceTrade raised
Series A - $3,666,000
April 2015Lead Investor: Brian Smithwick, Billy Marshall, David Cox
Other Considerations
Trusted by over 1,300 commercial contractors; Achieved a 4.6 out of 5 stars rating from customer reviews; Offers a comprehensive platform for managing service operations.
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Financial Overview
$4MTotal Raised
Private Equity
December 6, 2021
Investors: JMI Equity, Frontier Growth, Bull City Venture Partners
Venture
August 4, 2020
Investors: Frontier Growth, Bull City Venture Partners
Venture
May 4, 2015
Investors: Not specified
Debt Financing
January 14, 2013
Investors: Not specified
Series A$3,666,000
April 2015
Investors: Brian Smithwick, Billy Marshall, David Cox