How Much Did Servicengine Raise?
Funding & Key Investors

Servicengine has secured $3.9M in total funding, with its most recent capital infusion of $3.1M coming from a major strategic investment. This significant backing underscores the company's established presence and ongoing growth within the global mobility software solutions sector.

The company's financial trajectory, marked by various debt and financing rounds, indicates a strategic approach to capital management as it scales its operations and platform.

What is Servicengine?

Servicengine
SoftwareHuman Resources Software

Servicengine Corporation is a prominent provider of global mobility software solutions, catering to relocation management companies, mobility managers, and supplier partners. Leveraging over 25 years of industry experience, Servicengine's Gen-3 platform is engineered to elevate the mobility experience through advanced automation and intelligent decision-support tools. The software is designed to streamline operational logistics, ensuring both compliance and cost-efficiency for a diverse clientele across multiple industries. Servicengine's commitment lies in fostering robust partnerships and delivering bespoke solutions tailored to the unique requirements of organizations, irrespective of their scale.

How much funding has Servicengine raised?

Servicengine has raised a total of $3.9M across 3 funding rounds:

2020

Debt

$350K

2024

Debt

$425K

Other Financing Round

$3.1M

Debt (2020): $350K with participation from PPP

Debt (2024): $425K, investors not publicly disclosed

Other Financing Round (2024): $3.1M supported by Advantage Capital

Key Investors in Servicengine

Advantage Capital

Advantage Capital Partners is a venture capital firm that invests in various sectors including cleantech, communication, energy, information technology, and life sciences. They are known for their strategic investments in growing companies.

PPP

Public-Private Partnership

What's next for Servicengine?

With the recent major strategic investment, Servicengine is poised for accelerated expansion and further development of its innovative global mobility software. The enterprise-level funding context suggests a focus on scaling its market reach, enhancing its platform's capabilities, and potentially exploring new technological integrations. This capital injection will likely empower Servicengine to solidify its position as a leader in the relocation management technology space, driving further operational efficiencies for its clients and strengthening its competitive advantage in the global mobility market.

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Frequently Asked Questions Regarding Servicengine Financial Insights

What are the most recent funding rounds that Servicengine has completed, and what were the funding rounds?
Servicengine has recently completed 3 funding rounds: Other Financing Round on Dec 11, 2024, Debt on Sep 30, 2024, Debt on May 1, 2020.
What is the total amount of funding Servicengine has raised to date?
Servicengine has raised a total of $3.9M in funding to date.
How many funding rounds has Servicengine completed?
Servicengine has completed 3 funding rounds.
How much funding did Servicengine raise in its most recent funding round?
Servicengine raised $3.1M in its most recent funding round.
Who are the lead investors in Servicengine's latest funding round?
The lead investor in Servicengine's latest funding round was Advantage Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Servicengine's history?
The largest funding round in Servicengine's history was $3.1M.
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