About Service Fusion
Service Fusion is a company based in Colleyville (United States) founded in 2013 was acquired by EverCommerce in December 2020.. Service Fusion has raised $10 million across 1 funding round from investors including EverCommerce and Five Elms Capital. Service Fusion offers products and services including Field Service Management, GPS Fleet Tracking, ServiceCall.ai, and FusionPay. Service Fusion operates in a competitive market with competitors including WorkJam, Reflexis Systems, Fleet Complete, SIMPRO and Skedulo, among others.
- Headquarter Colleyville, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10 M (USD)
in 1 rounds
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Latest Funding Round
$10 M (USD), Series A
Jul 17, 2018
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Investors
EverCommerce
& 1 more
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Employee Count
Employee Count
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Acquired by
EverCommerce
(Dec 04, 2020)
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Products & Services of Service Fusion
Service Fusion offers a comprehensive portfolio of products and services, including Field Service Management, GPS Fleet Tracking, ServiceCall.ai, and FusionPay. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for scheduling and dispatching field services.
Tool for monitoring fleet locations and analytics.
AI-driven system for customer communications and support.
Solution for online invoicing and payment processing.
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Funding Insights of Service Fusion
Service Fusion has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Series A round of $10 million completed in July 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $10.0M
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First Round
First Round
(17 Jul 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2018 | Amount | Series A - Service Fusion | Valuation | Five Elms Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Service Fusion
Service Fusion has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include EverCommerce and Five Elms Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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B2B software companies are targeted for PE and growth-equity investments.
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Founded Year | Domain | Location | |
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Software solutions enable online stores for service sector businesses.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Service Fusion
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Service Fusion
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Service Fusion Comparisons
Competitors of Service Fusion
Service Fusion operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as WorkJam, Reflexis Systems, Fleet Complete, SIMPRO and Skedulo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Hourly workforce schedules and communications are managed via software.
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| domain | founded_year | HQ Location |
AI-based workforce management software is offered for diverse industries.
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| domain | founded_year | HQ Location |
Fleet, asset, and mobile workforce management solutions are provided.
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| domain | founded_year | HQ Location |
Cloud-based field service management software is offered by SIMPRO.
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| domain | founded_year | HQ Location |
Field workforce scheduling and mobile tracking software is offered.
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| domain | founded_year | HQ Location |
Collaboration software solutions are provided for industrial workers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Service Fusion
Frequently Asked Questions about Service Fusion
When was Service Fusion founded?
Service Fusion was founded in 2013 and raised its 1st funding round 5 years after it was founded.
Where is Service Fusion located?
Service Fusion is headquartered in Colleyville, United States. It is registered at Colleyville, Texas, United States.
Is Service Fusion a funded company?
Service Fusion is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Series A of $10M, raised on Jul 17, 2018.
What does Service Fusion do?
Service Fusion was founded in 2013 in Colleyville, United States, within the software sector for field services. Tools for workforce management are supplied to small and mid-sized companies, encompassing job estimation, scheduling, billing, customer data tracking, GPS fleet monitoring, time logging, invoicing, and mobile apps for workers and clients. Payments processing and messaging systems are integrated. Operations follow a freemium pricing structure.
Who are the top competitors of Service Fusion?
What products or services does Service Fusion offer?
Service Fusion offers Field Service Management, GPS Fleet Tracking, ServiceCall.ai, and FusionPay.
Who are Service Fusion's investors?
Service Fusion has 2 investors. Key investors include EverCommerce, and Five Elms Capital.