How Much Did ServicePower Raise?
Funding & Key Investors

ServicePower, a prominent player in the field service management software sector, has successfully secured a major strategic investment to bolster its market position. This latest capital injection, totaling $1.4M, underscores the company's ongoing commitment to scaling its enterprise-grade solutions. With a cumulative financial backing of $1.4M, the organization is well-positioned to accelerate its technological roadmap and expand its footprint in the competitive landscape of workforce management software.

What is ServicePower?

ServicePower
SoftwareSupply Chain Management (SCM) Software

Headquartered in McLean, Virginia, ServicePower provides a comprehensive SaaS platform designed to optimize field service operations for global enterprises. By integrating both employed and contracted workforces, the company enables organizations to achieve superior operational efficiencies and elevated customer experiences. Its platform is currently utilized by industry leaders such as GE Appliances, LG, AIG, Allstate, and Siemens. Beyond software, ServicePower distinguishes itself through a fully managed network of contracted service providers, facilitating on-demand service delivery across North America and Europe, even in geographically challenging locations.

How much funding has ServicePower raised?

ServicePower has raised a total of $1.4M across 1 funding round:

2016

Debt

$1.4M

Debt (2016): $1.4M with participation from Herald Investment Management Limited

Key Investors in ServicePower

Herald Investment Management Limited

Herald Investment Management Limited specializes in achieving capital growth through investments in technology, media, and communications sectors, managing both quoted and unquoted assets globally.

What's next for ServicePower?

With this major enterprise-level funding, ServicePower is poised to deepen its investment in product innovation and market expansion. The strategic focus will likely center on enhancing the platform's predictive capabilities and further automating the complexities of field service logistics. As the demand for agile, data-driven service management continues to rise, ServicePower is strategically aligned to capture additional market share by addressing the critical need for seamless integration between internal teams and external service networks. The company's trajectory suggests a continued emphasis on scaling its global infrastructure to support the evolving requirements of its enterprise clientele.

See full ServicePower company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Software industry

Financial SoftwareSoftware
Customer Engagement PlatformsSoftwareFinancial Software
Business Intelligence (BI) SoftwareSoftware
Financial SoftwareSoftware

Frequently Asked Questions Regarding ServicePower Financial Insights

What are the most recent funding rounds that ServicePower has completed, and what were the funding rounds?
ServicePower has recently completed 1 funding rounds: Debt on Feb 7, 2016.
What is the total amount of funding ServicePower has raised to date?
ServicePower has raised a total of $1.4M in funding to date.
How many funding rounds has ServicePower completed?
ServicePower has completed 1 funding rounds.
How much funding did ServicePower raise in its most recent funding round?
ServicePower raised $1.4M in its most recent funding round.
Who are the lead investors in ServicePower's latest funding round?
The lead investor in ServicePower's latest funding round was Herald Investment Management Limited. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in ServicePower's history?
The largest funding round in ServicePower's history was $1.4M.
See more information about ServicePower