Amount Raised
$85 Million
Round Type
Venture
DurhamSoftwareinformation technology & servicesSaaSDescription
ServiceTrade, the leading provider of software as a service (“SaaS”) applications for commercial service contractors, today announced that it has received an $85 million growth investment led by JMI Equity (“JMI”), a growth equity firm focused on investing in leading software companies. Existing investors Frontier Growth and Bull City Venture Partners also participated in the funding. With the additional capital, ServiceTrade will increase the pace of new product innovations to continue to meet the heightened demand from commercial service contractors.
Quick answer
ServiceTrade raised $85 Million in a funding round, dated December 6, 2021. ServiceTrade is based in Durham, North Carolina, United States.
- How much did ServiceTrade raise?
- ServiceTrade raised $85 Million in a funding round on December 6, 2021.
- What does ServiceTrade do?
- ServiceTrade is the software platform that helps commercial HVAC, mechanical, and fire contractors grow their profits.
- Where is ServiceTrade based and how big is it?
- ServiceTrade is based in Durham, North Carolina, United States. Fundz records about 200 employees.
- Who are the decision-makers at ServiceTrade?
- Fundz holds 2 contacts at ServiceTrade. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in information technology & services and SaaS around the same time
Companies in the same sectors as ServiceTrade that raised within 45 days of this round, from Fundz verified event records.
- Factorial Energy raised $200M (Funding Round) on January 20, 2022.
- BigTime raised $100M on January 20, 2022.
- WIZ.AI raised $20M (Funding Round) on January 17, 2022.
- Verana Health raised $150M (Series E) on January 14, 2022.
- SuccessKPI raised $33M on January 13, 2022.
- PassiveLogic raised $34M (Funding Round) on January 11, 2022.
Who to call at ServiceTrade, and when
A new round usually means ServiceTrade is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day ServiceTrade raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at ServiceTrade, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at ServiceTrade. With Fundz connected, it knows.
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Fundz sees it the moment ServiceTrade raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
ServiceTrade raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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