What is Sitetracker?
Founded in 2013 and headquartered in Montclair, New Jersey, Sitetracker provides a sophisticated cloud platform designed to optimize deployment operations management. By integrating best-practice processes and automation, the company enables organizations to manage high volumes of distributed projects and assets with precision. Built on the Salesforce ecosystem, Sitetracker utilizes enterprise-grade security and machine learning to deliver actionable insights, making it a preferred partner for large-scale infrastructure projects and government entities worldwide. The company's market position is defined by its ability to bridge the gap between complex field operations and centralized digital management.
How much funding has Sitetracker raised?
Sitetracker has raised a total of $129M across 4 funding rounds:
Series A
$11M
Series B
$24M
Debt
$2M
Series C
$92M
Series A (2017): $11M with participation from NGP, New Enterprise Associates, and New Enterprise Associates , Inc.
Series B (2018): $24M led by Wells Fargo, New Enterprise Associates, and Salesforce Ventures
Debt (2020): $2M supported by PPP
Series C (2021): $92M featuring Salesforce Ventures, New Enterprise Associates, Telekom Innovation Pool, H.I.G. Capital, Wells Fargo, Clearvision Ventures, Energize Ventures, Energy Impact Partners, and National Grid Partners
Key Investors in Sitetracker
New Enterprise Associates
Established in 1977 and headquartered in Menlo Park, California, New Enterprise Associates is a venture capital firm focused on helping entrepreneurs build businesses.
Salesforce Ventures
Salesforce Ventures is the corporate investment arm of Salesforce, specializing in helping businesses of all sizes transform their customer relationships through innovative technology solutions.
H.I.G. Capital
H.I.G. Capital is a global alternative investment firm that provides capital and operational expertise to support long-term growth across various sectors.
What's next for Sitetracker?
Looking ahead, Sitetracker is well-positioned to capitalize on the increasing demand for digitized infrastructure management. The recent strategic investment will likely be deployed to accelerate product innovation, particularly in enhancing the platform's machine learning capabilities and expanding its footprint in asset-intensive industries. As the global economy shifts toward more decentralized and electrified energy systems, Sitetracker's role as a central nervous system for deployment operations becomes increasingly vital. The company is expected to focus on deepening its integration with utility-scale partners and expanding its reach into new international markets, leveraging its robust financial backing to maintain its competitive edge in the enterprise software landscape.
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