Sun. Nov 27th, 2022

SingleOps Raises $74M in Growth Equity Funding

SingleOps, an Atlanta, GA-based SaaS business management software for the green industry, raised $74m in growth equity funding.

The round was led by FTV Capital with participation from existing investor Five Elms Capital. Anderson and Gurmaan Bhatia, vice president at FTV Capital, will join SingleOps’ board of directors as part of the investment.

The company intends to use the funds to expand its platform and grow its team to further provide support and services to its customers, hiring across many key areas, including sales, product development and customer-facing operations.

Led by Sean McCormick, CEO, SingleOps provides a mobile and cloud-based platform to manage sales, back office, and field service workforce and automate leads and estimates, scheduling and routing, billing and invoicing, labor and material tracking, job costing and business analytics.

The company’s growth is enabled by green industry businesses offering landscaping, tree care, lawn care and landscape supply services seeking to improve productivity by automating key processes.

Customers have collectively used SingleOps’ platform to process over $2 billion in revenue.

The company recently appointed Heather Dirksen, former President of Arbor Masters, one of the largest green industry businesses in the country, as its new Vice President of Operations.

FinSMEs

12/07/2022

SOURCE https://www.finsmes.com/2022/07/singleops-raises-74m-in-growth-equity-funding.html

Leave a Reply

Your email address will not be published. Required fields are marked *