About ServiceTrade
ServiceTrade is a company based in Durham (United States) founded in 2012 by Brian Smithwick and Billy Marshall. ServiceTrade has raised $119.81 million across 4 funding rounds from investors including JMI Management, Bull City Venture Partners and Frontier Growth. The company has 75 employees as of December 31, 2020. ServiceTrade has completed 2 acquisitions, including ASURiO and NorthBoundary. ServiceTrade offers products and services including OPERATIONS PLATFORM, Sales Success, InspectionManager, and PartsManager. ServiceTrade operates in a competitive market with competitors including ServiceTitan, Jobber, Housecall Pro, Tradify and Corrigo, among others.
- Headquarter Durham, United States
- Employees 75 as on 31 Dec, 2020
- Founders Brian Smithwick, Billy Marshall
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Sectors
Technology
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Phone
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Website
Locked
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$119.81 M (USD)
in 4 rounds
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Latest Funding Round
$85 M (USD), Series C
Dec 06, 2021
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Investors
JMI Management
& 2 more
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Employee Count
75
as on Dec 31, 2020
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Investments & Acquisitions
ASURiO
& 1 more
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Products & Services of ServiceTrade
ServiceTrade offers a comprehensive portfolio of products and services, including OPERATIONS PLATFORM, Sales Success, InspectionManager, and PartsManager.
Software for streamlining operations and optimizing field performance.
Tools for managing sales pipelines and creating proposals.
Platform for code-compliant inspections and reporting.
Software for parts forecasting and purchasing.
People of ServiceTrade
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Software Development Team
23 people
Sales and Marketing
16 people
Product Management Team
9 people
Senior Team
8 people
Customer Team
6 people
Leadership Team
5 people
Finance and Accounting
3 people
Human Resources and Administration
3 people
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Funding Insights of ServiceTrade
ServiceTrade has successfully raised a total of $119.81M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $85 million completed in December 2021. 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.
Investors in ServiceTrade
ServiceTrade has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include JMI Management, Bull City Venture Partners and Frontier Growth.
| Investor | Description | Founded Year | Domain | Location |
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Private equity firm investing in software companies
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Early-stage venture capital is provided for B2B software founders.
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Investments in technology sectors are made by Frontier Growth.
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Investor details for ServiceTrade
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
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- Participation history
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Investments & Acquisitions by ServiceTrade
ServiceTrade has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include ASURiO and NorthBoundary.
Investment portfolio details for ServiceTrade
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Platform offering sales enablement solutions for enterprises
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Cloud-based inspection management software is provided for operational efficiency.
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Locked | Locked | 1990 | Locked |
Complete acquisition details for ServiceTrade
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- Transaction dates
- Acquired stakes
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- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - ServiceTrade
Detailed financials for ServiceTrade
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
- Statement rows
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Servicetrade Comparisons
Peer comparison for ServiceTrade
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of ServiceTrade
ServiceTrade 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 ServiceTitan, Jobber, Housecall Pro, Tradify and Corrigo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Business management software is offered for home service providers.
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Business management software is offered for home service providers.
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Business management software is provided for home service professionals.
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Job management software for field service trades is offered.
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Mobile SaaS applications for field services are offered.
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Detailed competitors of ServiceTrade
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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- Full company profiles
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Latest news on Servicetrade
Complete news archive for ServiceTrade
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about ServiceTrade
ServiceTrade was founded in 2012 and raised its 1st funding round 1 year after it was founded.
ServiceTrade is headquartered in Durham, United States. It is registered at Durham, North Carolina, United States.
William Chaney is the current CEO of ServiceTrade.
ServiceTrade is a funded company, having raised a total of $119.81M across 4 funding rounds to date.
As of Dec 31, 2020, the latest employee count at ServiceTrade is 75.
ServiceTrade was established in 2012 in Durham, United States, within the software sector for home services. Field solutions are offered to contractors and businesses, encompassing scheduling, dispatching, quoting, work orders, routing, and photo with data capture. Customer updates are enabled through these integrated features, supporting operational efficiency in the industry.
ServiceTrade's top competitors include ServiceTitan, Housecall Pro and Jobber.
ServiceTrade offers OPERATIONS PLATFORM, Sales Success, InspectionManager, and PartsManager.
ServiceTrade has made 2 acquisitions, including ASURiO, and NorthBoundary.
ServiceTrade has 3 investors. Key investors include JMI Management, Bull City Venture Partners, and Frontier Growth.