DALLAS, Texas — FieldPulse, the leading provider of an all-in-one cloud native Field Services SaaS solution for small service businesses, announced that it has secured over $6 million in Series A financing.
Superseed Ventures, the investment arm of the Reece Group, led the Series A investment round along with existing investors including Capri Ventures.
Superseed invests in emerging technologies that focus on solving the challenges of the trade industry.
"The FieldPulse team has built a world-class product that's changing the lives of contractors and tradespeople. With digitisation set to accelerate, Superseed Ventures is excited to participate alongside other existing investors to continue the necessary work of helping grow trade businesses around the world,” says Philip Sondhu, Principal of Superseed Ventures
“The field service management space is in the early innings of a digital transformation, and this investment and continued partnership with Reece is further validation that FieldPulse has the best solution on the market,” said Dennis Shaya, Partner, Capri Ventures. “We are excited to partner with FieldPulse and Reece to help the company achieve its vision."
Dennis Shaya, partner at Capri Ventures, will join FieldPulse’s Board of Directors.
The Series A funding completes a big year for FieldPulse which saw over 100% growth, key executive appointments, a fast growing customer base, and movement into international markets. FieldPulse added software business veterans to lead its product, sales and marketing teams, while also growing its market leadership and international expansion through a partnership with The Reece Group.
“This new investment round is a big step for the future of FieldPulse, fueling the next stage of growth and continuing our partnership with Superseed and The Reece Group,” said Gabriel Pinchev, the Founder and CEO of FieldPulse. “Thanks to our collaboration, we’re looking forward to building new, innovative offerings to help the trades do business better.”
This latest round of financing brings FieldPulse’s total funding to more than $9 million since its launch in 2015. FieldPulse is expected to grow its marketing and sales initiatives, while also advancing product development and continuing its expansion into international markets such as Australia and New Zealand.
FieldPulse, headquartered in Dallas, Texas, enables service professionals to run their businesses from anywhere. With powerful integrations and features, FieldPulse simplifies day-to-day tasks like job scheduling, customer management, and much more. FieldPulse focuses on helping its customers save time and money, while growing their business through an intuitive cross-device app. FieldPulse makes it easy for service professionals to focus on their craftsmanship and not get buried in paperwork. Visit us at FieldPulse.com, engage with FieldPulse Academy or follow us on LinkedIn.
Key features and benefits of FieldPulse include:
About Superseed Ventures
Superseed invests in opportunities that will transform the way we construct, maintain and live within the built environment. Advancing game-changing ideas through venture investment, deep domain expertise and a strategic relationship with The Reece Group. For further information on Superseed Ventures, please visit at Superseed.Ventures.
About Capri Ventures
Capri Ventures is an early stage venture capital partnership focused on Software Businesses. We invest globally with particular focus on US, Israel and select pockets in Europe where the team has deep relationships. The team is composed of former software executives and leaders from Fortune 500 enterprises, bringing significant resources early in a company's lifecycle to help drive commercialization and market adoption. www.capriventures.com
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