Siteline Raises $15M in Series A Funding
- Siteline, a San Francisco, CA-based billing solution for commercial trade contractors, raised $15m in Series A funding
- The round was led by Menlo Ventures with participation from existing investors. Tyler Sosin, Partner at Menlo Ventures, will join company’s Board of Directors
- The company, which has raised a total of $18.4m to date, will use the new funding to expand its sales, marketing, recruiting, engineering, and product teams
- The company is a financial platform built specifically for trade contractors from the ground up
- Trade contractors can easily compile accurate payment applications, manage compliance documents, and monitor payment status on one customizable platform
- Customers get paid faster, accelerate internal billing processes by up to 6X, and improve collaboration across project and finance teams
