Fieldwire

Fieldwire

Construction management software for project efficiency

About Fieldwire

Simplify's Rating
Why Fieldwire is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Industrial & Manufacturing

Enterprise Software

Company Size

51-200

Company Stage

Acquired

Total Funding

$40.1M

Headquarters

San Francisco, California

Founded

2013

Overview

Fieldwire provides construction management software designed for project managers, engineers, and contractors to enhance their work processes. The platform allows users to access plans, photos, and tasks in real-time, facilitating better management and tracking of project progress. This feature helps clients save time and minimizes the need for extra quality assurance and control staff. Fieldwire serves a global market, with a strong presence in North America, Europe, Australia, and Japan, and has been expanding since its establishment in 2013. The company operates on a subscription model, offering various service tiers that cater to both small and large construction projects. This approach ensures a consistent revenue stream while providing clients with essential tools for task management, reporting, and real-time project updates, ultimately aiming to improve efficiency and reduce costs in the construction industry.

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Simplify's Take

What believers are saying

  • Hilti's acquisition could enhance Fieldwire's resources and market reach.
  • Integration with IoT devices allows precise project management and resource allocation.
  • AI-driven predictive analytics improve project efficiency and client satisfaction.

What critics are saying

  • Integration challenges with Hilti's systems may lead to operational inefficiencies.
  • Increased headcount could strain Fieldwire's organizational structure and culture.
  • Rising competition offers similar features at lower prices, impacting market share.

What makes Fieldwire unique

  • Fieldwire offers real-time updates and comprehensive task management features.
  • The platform supports a wide range of construction projects, from small to large scale.
  • Fieldwire's global presence includes significant markets in North America, Europe, and Japan.

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Funding

Total Funding

$40.1M

Below

Industry Average

Funded Over

4 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Benefits

Remote Work Options

Performance Bonus

Company News

Fieldwire
Nov 29th, 2022
Fieldwire helps make construction management effortless and efficient | Fieldwire

Fieldwire is excited to introduce its new project management module on Fieldwire.

Fieldwire
Jun 23rd, 2022
Fieldwire launched two powerful new features on May 23rd 22'.

Fieldwire has recently added two powerful new features.

CSDA
Nov 17th, 2021
HILTI acquires Fieldwire for $300M

Hilti Group, a global leader in innovative tool and fastening solutions, technology, software, and services for the commercial construction industry, has entered into an agreement to acquire Fieldwire, a San Francisco-based construction technology company for an approximate $300 million.

Commercial Observer
Nov 16th, 2021
Hilti Acquires Fieldwire for $300M in Major Proptech Deal

In the latest example of an established real estate company adding a proptech firm to its platform, global construction and tool-making giant Hilti Group announced Tuesday that it has acquired worksite job management software startup Fieldwire for $300 million.

The Real Deal
Nov 16th, 2021
Hilti acquires Fieldwire for $300M

Hilti, a global construction software, services and tools manufacturer, will acquire the jobsite management platform Fieldwire in a $300 million deal.

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