How Much Did Sitehands Raise?
Funding & Key Investors

Sitehands has successfully navigated the competitive landscape of enterprise IT field services, securing a cumulative capital infusion of $67.7M. This trajectory of financial backing, punctuated by a recent strategic investment of $2M, underscores the firm's capacity to scale its unique two-sided marketplace model. By bridging the gap between complex enterprise IT requirements and a distributed network of service providers, the company has established a robust foundation for long-term operational growth and market penetration.

What is Sitehands?

Sitehands
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Founded in 2016 and headquartered in Charlotte, North Carolina, Sitehands operates as a specialized platform designed to streamline the delivery of IT field services. The company utilizes a sophisticated two-sided market approach, effectively connecting large-scale enterprises with qualified technicians to manage hardware deployments, maintenance, and infrastructure support. By digitizing the traditionally fragmented field services sector, Sitehands provides a centralized management layer that enhances transparency, reduces operational overhead, and ensures consistent service quality across diverse geographic locations. This digital transformation of IT logistics positions the firm as a critical partner for organizations seeking to optimize their technical infrastructure management.

How much funding has Sitehands raised?

Sitehands has raised a total of $67.7M across 4 funding rounds:

2016

Private Equity

$15M

2017

Private Equity

$25M

2018

Series A

$25.7M

2020

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

A growth equity investment firm that focuses on high-growth companies in the enterprise technology and financial services sectors.

PPP

Public-Private Partnership

Undisclosed Investors

Undisclosed Investors

What's next for Sitehands?

With the recent infusion of capital, Sitehands is well-positioned to accelerate its product development roadmap and expand its footprint within the enterprise IT ecosystem. The strategic focus will likely shift toward enhancing the platform's automated dispatch capabilities and deepening its integration with existing enterprise resource planning systems. As the demand for agile, on-demand IT support continues to rise, Sitehands is poised to leverage its established network to capture additional market share. Future growth initiatives will likely prioritize the scaling of its service provider network and the refinement of its proprietary matching algorithms to maintain a competitive edge in the rapidly evolving field services industry.

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Frequently Asked Questions Regarding Sitehands Financial Insights

What are the most recent funding rounds that Sitehands has completed, and what were the funding rounds?
Sitehands has recently completed 3 funding rounds: Debt on Apr 14, 2020, Series A on Mar 5, 2018, Private Equity on Jun 26, 2017.
What is the total amount of funding Sitehands has raised to date?
Sitehands has raised a total of $67.7M in funding to date.
How many funding rounds has Sitehands completed?
Sitehands has completed 3 funding rounds.
How much funding did Sitehands raise in its most recent funding round?
Sitehands raised $2M in its most recent funding round.
Who are the lead investors in Sitehands's latest funding round?
The lead investor in Sitehands's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Sitehands's history?
The largest funding round in Sitehands's history was $25.7M.
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