How Much Did Siteline Raise?
Funding & Key Investors

Siteline, a burgeoning force in construction technology, has recently secured a significant funding round, bringing its total capital raised to $15M. This latest infusion of capital, characterized as a major strategic investment, follows a substantial Series A financing event on February 24, 2022, which provided $15M in new backing. The company's consistent ability to attract significant investment underscores its pivotal role in modernizing the trade contracting sector.

What is Siteline?

Siteline
SoftwareFinancial Software

Siteline offers the industry's first purpose-built solution designed to streamline operations for trade contractors. By providing an integrated platform for compiling accurate payment applications, managing crucial compliance documentation, and monitoring payment flows, Siteline empowers contractors to shift their focus from administrative burdens to core construction activities. The platform's user-friendly interface consolidates essential financial and compliance tasks into a single, efficient system, addressing a critical need within the construction industry for improved financial management and operational efficiency.

How much funding has Siteline raised?

Siteline has raised a total of $15M across 1 funding round:

2022

Series A

$15M

Series A (2022): $15M with participation from First Round Capital, Brick & Mortar Commercial, and Menlo Ventures

Key Investors in Siteline

First Round Capital

First Round Capital is an early-stage venture capital firm known for supporting startups in their foundational stages, providing resources and expertise to help companies scale from inception.

Brick & Mortar Commercial

Brick and Mortar Ventures is a venture capital firm dedicated to investing in innovative software and hardware solutions for the architecture, engineering, and construction industries, aiming to drive efficiency and productivity in the built world.

Menlo Ventures

Menlo Ventures is a venture capital firm that invests in early and growth-stage technology companies, partnering with founders across various sectors including enterprise software and fintech to support their scaling journey.

What's next for Siteline?

The recent major enterprise-level funding and strategic investment signal a strong growth trajectory for Siteline. This capital infusion is expected to fuel further product development, enhance market penetration, and potentially expand its service offerings to address a broader spectrum of contractor needs. As Siteline continues to scale, its focus on simplifying complex financial processes for trade contractors positions it for sustained leadership in the construction technology landscape, likely leading to further expansion and strategic partnerships within the built environment sector.

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Frequently Asked Questions Regarding Siteline Financial Insights

What are the most recent funding rounds that Siteline has completed, and what were the funding rounds?
Siteline has recently completed 1 funding rounds: Series A on Feb 24, 2022.
What is the total amount of funding Siteline has raised to date?
Siteline has raised a total of $15M in funding to date.
How many funding rounds has Siteline completed?
Siteline has completed 1 funding rounds.
How much funding did Siteline raise in its most recent funding round?
Siteline raised $15M in its most recent funding round.
Who are the lead investors in Siteline's latest funding round?
The lead investor in Siteline's latest funding round was First Round Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Siteline's history?
The largest funding round in Siteline's history was $15M.
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