How Much Did Sitetracker Raise?
Funding & Key Investors

Sitetracker, a prominent player in the deployment operations management sector, has successfully navigated multiple rounds of capital infusion to solidify its market position. With a cumulative total funding amount of $129M, the company has demonstrated a robust growth trajectory, culminating in a recent strategic investment of $92M. This influx of capital underscores investor confidence in the firm's ability to scale its cloud-native platform for complex, distributed project management.

The company's financial journey reflects a disciplined approach to scaling, moving from initial venture backing to significant enterprise-level financing. By securing support from a diverse syndicate of institutional investors and strategic partners, Sitetracker has effectively positioned itself as a critical infrastructure provider for global organizations managing high-volume asset deployments.

What is Sitetracker?

Sitetracker
SoftwareEnterprise Resource Planning (ERP)

Founded in 2013 and headquartered in Montclair, New Jersey, Sitetracker provides a sophisticated deployment operations management software suite. Built natively on the Salesforce platform, the company offers a future-proof cloud environment that integrates automation and best-practice workflows to streamline the management of distributed projects and assets. By leveraging machine learning and enterprise-grade security, Sitetracker enables large-scale enterprises and government entities to optimize their operational efficiency.

The platform serves as a central nervous system for organizations tasked with complex infrastructure rollouts, such as telecommunications, energy, and utility providers. Its market position is defined by its ability to bridge the gap between field operations and corporate strategy, ensuring that project timelines, resource allocation, and asset performance are managed with high precision within a unified digital ecosystem.

How much funding has Sitetracker raised?

Sitetracker has raised a total of $129M across 4 funding rounds:

2017

Series A

$11M

2018

Series B

$24M

2020

Debt

$2M

2021

Series C

$92M

Series A (2017): $11M with participation from New Enterprise Associates , Inc., New Enterprise Associates, and NGP

Series B (2018): $24M led by Wells Fargo, Salesforce Ventures, and New Enterprise Associates

Debt (2020): $2M supported by PPP

Series C (2021): $92M featuring National Grid Partners, Wells Fargo, H.I.G. Capital, Energize Ventures, Energy Impact Partners, Salesforce Ventures, New Enterprise Associates, Telekom Innovation Pool, and Clearvision Ventures

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 is a global leader in customer relationship management software, specializing in helping businesses of all sizes transform their customer relationships through innovative technology solutions.

Wells Fargo

Wells Fargo is a leading U.S. financial services firm providing banking, lending, investment, and mortgage solutions with a significant market presence.

What's next for Sitetracker?

Following its latest major strategic investment, Sitetracker is poised to accelerate its product roadmap and expand its footprint in asset-intensive industries. The company is expected to focus on deepening its integration with emerging energy and infrastructure technologies, particularly as global markets shift toward decarbonization and digitized utility management. By leveraging the expertise of its strategic backers, Sitetracker will likely prioritize the enhancement of its predictive analytics capabilities and the expansion of its global service delivery model.

The current lifecycle stage, characterized by significant enterprise-level funding, suggests a transition toward market dominance and platform ubiquity. As the firm continues to refine its deployment operations management software, it remains well-positioned to capitalize on the increasing demand for resilient, cloud-based infrastructure solutions that can withstand the complexities of modern, large-scale project execution.

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Frequently Asked Questions Regarding Sitetracker Financial Insights

What are the most recent funding rounds that Sitetracker has completed, and what were the funding rounds?
Sitetracker has recently completed 3 funding rounds: Series C on Jan 27, 2021, Debt on Apr 11, 2020, Series B on Aug 23, 2018.
What is the total amount of funding Sitetracker has raised to date?
Sitetracker has raised a total of $129M in funding to date.
How many funding rounds has Sitetracker completed?
Sitetracker has completed 3 funding rounds.
How much funding did Sitetracker raise in its most recent funding round?
Sitetracker raised $92M in its most recent funding round.
Who are the lead investors in Sitetracker's latest funding round?
The lead investor in Sitetracker's latest funding round was National Grid Partners. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Sitetracker's history?
The largest funding round in Sitetracker's history was $92M.
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