Sitemate’s $18 million investment round was led by Blackbird. Other participants in the investment round include Shearwater Capital and Marbuck.
Sitemate, a software platform that focuses on preparing industrial projects without requiring code knowledge, announced that it has received investment. According to the information provided by Sitemate, the company received 18 million dollars in a series A investment round.
Sitemate’s $18 million investment round was led by Blackbird. Other participants of the investment round include Shearwater Capital and Marbuck. To remind you, Sitemate received an investment of 4.7 million dollars in November 2023. With the new investment of 18 million dollars, the total investment received by the Sitemate initiative to date has exceeded 28 million dollars.
According to the information shared by Sitemate, the new investment will be used for the company to focus on product-oriented engineering studies and expand its customer base.
Founded in 2015 by Hartley Pike and Samuel McDonnell in Sydney, Sitemate is a SaaS platform. Sitemate, which allows companies to digitize their projects without requiring any code knowledge, offers various platforms to its users.
The company, which has 4 different platforms, Dashpivot, Gearbelt, Flowsite and Sitemate App, offers support to its customers in system and asset management as well as integrations and mobile applications. According to the information provided by Sitemate, the company has grown rapidly in the last 1 year, increasing the number of employees from 70 to 140.
Let us remind you that Sitemate acquired Nomad Fleet for 2 million dollars last August. After the acquisition, Sitemate changed the name of Nomad Fleet to Gearbelt and made it available.
