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Founded Year

2012

Stage

Growth Equity - II | Alive

Total Raised

$135.42M

Last Raised

$85M | 3 yrs ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+140 points in the past 30 days

About ServiceTrade

ServiceTrade is a provider of field service management software tailored for commercial service contractors. The company offers a suite of tools designed to streamline operations, enhance field technician productivity, and improve management oversight and client communications. ServiceTrade's software solutions are utilized by contractors in industries such as fire protection, mechanical services, commercial HVAC, refrigeration, electrical, and kitchen exhaust cleaning. It was founded in 2012 and is based in Durham, North Carolina.

Headquarters Location

4601 Creekstone Drive Suite 260

Durham, North Carolina, 27703,

United States

919-752-5961

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Research containing ServiceTrade

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned ServiceTrade in 1 CB Insights research brief, most recently on Dec 14, 2021.

Latest ServiceTrade News

ServiceTrade Releases a New Modular Dashboard Giving Commercial Fire and Mechanical Contractors a “Command Center” to Maximize Productivity and Profit

Sep 25, 2024

Commercial Fire and Mechanical Contractors a “Command Center” to Maximize Productivity and Profit ServiceTrade Fall ‘24 Release Also Includes Advanced Tasking, Streamlined Dispatching, and Optimal Scheduling so Contractors Can Earn More Dollars Per Day Per Technician September 25, 2024 09:00 ET ServiceTrade DURHAM, N.C., Sept. 25, 2024 (GLOBE NEWSWIRE) -- ServiceTrade, Inc. , the software platform for commercial mechanical and fire contractors, announces the release of ServiceTrade Fall ‘24, the latest innovations to its industry-leading field service management software. The newest release features capabilities that can maximize tech productivity and improve profit for every job, every customer, every time. Enhanced AI-driven features provide more useful information that helps companies increase technician and customer satisfaction. The Fall ‘24 release features a new customizable dashboard that can be personalized to provide relevant data for each operational role. Owners, dispatchers, operations executives, and service managers can create personalized “command centers” that deliver the necessary real-time information they need. Drag and drop widgets make it easy for stakeholders to create a view of the most appropriate information for their job function. In addition, enhanced tasking, scheduling functionality, and dispatch features guide schedules that optimize time and tech profitability by prioritizing the most important customers. The Fall ‘24 release is designed to help companies optimize time on-site, meet customer expectations, and win and keep the most valuable customers. Brian Smithwick, ServiceTrade CTO and co-founder, commented: “For over a decade, we’ve been singularly focused on solutions that help contractors prioritize the most profitable customers, build maximum pipeline, and improve productivity and profits. The Fall ‘24 release brings critical innovations to market and will allow commercial contractors to scale their businesses and deliver exceptional service, build customer loyalty, and drive revenue. With the Fall ‘24 release, we continue to raise the bar with software solutions to support the unique challenges commercial service contractors face.” Customized, Role-Based Views Through Drag-and-Drop Widgets ServiceTrade has completely transformed its dashboard, enabling a customizable, real-time view of operational data that shows relevant information for specific jobs and business functions. Unlike traditional static dashboards, ServiceTrade’s dashboard is fully customizable, allowing users to select from an extensive library of widgets that integrate real-time operational data across work orders, customer communications, financial performance, and more. By providing users with personalized views that contain insights about the details that matter most to their job function, the dashboard helps users easily find the information they need, increasing productivity and optimizing business performance. Streamlined, Powerful Scheduling and Dispatching The latest version of the ServiceTrade dispatch board delivers scheduling and dispatching game changers to simplify the way dispatchers assign and schedule technicians and jobs. These enhancements provide everything business owners need – and nothing they don’t – to make smarter scheduling decisions, reduce travel time, and provide technicians with more information so they can work efficiently and productively. With a refurbished user interface and AI infusions to streamline all workflows, the dispatch and scheduling experience empowers commercial contracting businesses to prioritize the most profitable customers and jobs, optimize technician routes, schedule high-value work, and plan long-term to ensure all technicians are fully utilized. Automated Tasking Ensures Efficiency and Maximum Profit at Each Appointment Streamlining the management of recurring maintenance tasks provides technicians with clear task checklists for each job and piece of equipment, and helps contractors meet service agreements. New task manager features simplify the planning and execution of maintenance activities, allow techs to meet productivity goals, and deliver quality service accurately to meet customer contract commitments and regulations at every service appointment. AI-Driven Commenting and Job Summaries New AI-driven features, including SmartTranscribe, SmartComment, and SmartSummary, make it easier for technicians to provide detailed notes and for the office to more efficiently deliver complete customer communication. ServiceTrade’s industry-leading AI infusions help manage the full life-cycle of commercial and industrial building equipment from installation and startup to inspection and maintenance to repair and replace. Unlike other solutions focused on financial data, residential services, or those with limited data in the commercial sector, ServiceTrade Smart AI is powered by over 18 million commercial work orders servicing over 13 million building assets with over 6 million identified equipment issues. To learn more about ServiceTrade:

ServiceTrade Frequently Asked Questions (FAQ)

  • When was ServiceTrade founded?

    ServiceTrade was founded in 2012.

  • Where is ServiceTrade's headquarters?

    ServiceTrade's headquarters is located at 4601 Creekstone Drive, Durham.

  • What is ServiceTrade's latest funding round?

    ServiceTrade's latest funding round is Growth Equity - II.

  • How much did ServiceTrade raise?

    ServiceTrade raised a total of $135.42M.

  • Who are the investors of ServiceTrade?

    Investors of ServiceTrade include Frontier Growth, Bull City Venture Partners, JMI Equity and Paycheck Protection Program.

  • Who are ServiceTrade's competitors?

    Competitors of ServiceTrade include Jobber, Housecall Pro, remberg, FieldAware, Relyon and 7 more.

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Compare ServiceTrade to Competitors

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Bella FSM

Bella FSM is a company that specializes in field service management software within the technology industry. The company offers a range of services including scheduling, dispatch, work order management, and customer relationship management (CRM), all designed to streamline business operations and increase productivity. Bella FSM primarily serves sectors such as appliance repair, cleaning, contracting, and various other service industries. It was founded in 2005 and is based in Reston, Virginia.

ServiceTitan Logo
ServiceTitan

ServiceTitan provides software solutions for home and commercial service contractors. It offers a platform that integrates various functions such as scheduling, dispatching, marketing, reporting, and customer experience management to streamline operations and enhance productivity. Its software is designed to support contractors in optimizing workflows, improving customer experiences, and driving business growth through data-driven insights and automation. ServiceTitan was formerly known as Linxlogic. It was founded in 2012 and is based in Glendale, California.

Housecall Pro Logo
Housecall Pro

Housecall Pro specializes in providing business management software solutions for the home services industry. The company offers a suite of tools that facilitate scheduling, dispatching, invoicing, payment processing, and customer relationship management. Housecall Pro primarily serves professionals in the plumbing, electrical, and cleaning sectors, among other field service industries. It was founded in 2013 and is based in Denver, Colorado.

F
Fieldworker

Fieldworker specializes in SaaS applications for managing field service operations within various industries. The company offers a web-based platform and a mobile application that enable employers to oversee their field workers' activities, including travel and work time registration, job scheduling, and service quality assessments. Fieldworker's software facilitates the reduction of paperwork and enhances operational efficiency by providing electronic access to job-related data and integrating with multiple ERP and CRM systems through an open API. It is based in Poznan, Poland.

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Zinier

Zinier is a company that focuses on providing customizable field service management software. The company's main services include offering a suite of modular web and mobile applications that assist in the installation and maintenance of assets and equipment in the field. These applications are designed to help manage various aspects of field service operations such as scheduling, inventory management, customer communication, and reporting. It was founded in 2015 and is based in San Mateo, California.

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Simplias

Simplias focuses on providing software solutions in the field service, construction, and craft industries. The company offers a range of products that facilitate digital and mobile planning and execution of tasks, project organization, and office management. These products are primarily used in the construction, IT and telecommunications, and home technology sectors. It was founded in 2011 and is based in Leipzig, Germany.

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