Fieldwire, a San Francisco, CA-based field management solution for the construction industry, raised $33.5m in funding.
The round was led by Menlo Ventures with participation from Brick & Mortar Ventures, Hilti Group and Formation 8. Menlo’s Tyler Sosin will join Fieldwire’s Board of Directors alongside current board member Darren Bechtel.
The company, which has raised $40.4m to date, intends to use the capital to accelerate research and development as well as to further international expansion.
Led by Yves Frinault, CEO, Fieldwire provides construction companies with a platform to keep everyone organized on the job site. With its mobile applications, users can save time by sharing information efficiently. Construction companies of all sizes use Fieldwire to power clear communication on more than 500,000 projects worldwide.
The company has opened offices in Phoenix, Arizona and Paris, France, and plans to open an additional office in Australia before the end of 2019. It expects to reach 150 employees by summer 2020.
FinSMEs
16/09/2019