What is Sitehands?
Founded in 2016 and headquartered in Charlotte, North Carolina, Sitehands operates as an enterprise IT field services provider. The company has developed a distinctive two-sided market model, connecting businesses requiring IT support with a network of field service professionals. This approach aims to streamline service delivery, enhance efficiency, and provide scalable solutions for complex IT infrastructure needs. The company's focus on the enterprise sector suggests a strategy geared towards large-scale deployments and ongoing support contracts.
How much funding has Sitehands raised?
Sitehands has raised a total of $67.7M across 4 funding rounds:
Private Equity
$15M
Private Equity
$25M
Series A
$25.7M
Debt
$2M
Private Equity (2016): $15M, investors not publicly disclosed
Private Equity (2017): $25M led by FTV Capital
Series A (2018): $25.7M supported by FTV Capital
Debt (2020): $2M featuring PPP
Key Investors in Sitehands
FTV Capital
FTV Capital is a prominent growth equity firm that invests in innovative companies within the enterprise technology and services sectors. Their investment in Sitehands suggests a focus on scalable business models and established market traction.
PPP
Public-Private Partnership
What's next for Sitehands?
The recent major strategic investment positions Sitehands for accelerated expansion and further development of its platform. With a substantial total funding base of $67.7M, the company is well-equipped to enhance its service offerings, broaden its geographic reach, and strengthen its market presence. Future initiatives will likely focus on scaling operations, refining its technology infrastructure, and potentially exploring new service verticals within the enterprise IT landscape. This strategic financing is expected to fuel innovation and solidify Sitehands' competitive advantage in the field services market.
See full Sitehands company page
