Siteline

Siteline

Construction billing software for subcontractors

About

Siteline provides construction billing software specifically designed for subcontractors. The platform simplifies the billing process by allowing users to generate, submit, and manage pay applications tailored to the requirements of general contractors. This digital solution addresses common issues like missing or incorrect information that can lead to payment delays, thereby improving efficiency and cash flow for subcontractors. Siteline serves as a central hub for accounts receivable activities, enabling teams to collaborate on billing and track compliance documents. Unlike competitors, Siteline focuses exclusively on the needs of trade contractors, helping them streamline workflows and reduce payment delays. The goal of Siteline is to enhance the billing experience for subcontractors, making it easier for them to get paid on time.

Company Stage

Series A

Employees

11-50

Industries

Enterprise Software

Total Funding

$17.9M

Headquarters

San Francisco, California

Founded

2019


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Simplify's Take

What believers are saying

  • Siteline raised $15 million in Series A funding, boosting its growth potential.
  • 30% of construction firms are investing in technology, aligning with Siteline's offerings.
  • Increased adoption of digital payment solutions supports Siteline's market expansion.

What critics are saying

  • The construction industry is highly competitive, posing challenges for Siteline's market share.
  • Economic downturns could impact construction spending, affecting Siteline's customer base.
  • Dependence on subscription model may limit revenue growth if customer acquisition slows.

What makes Siteline unique

  • Siteline offers a purpose-built solution for trade contractors, focusing on billing efficiency.
  • The platform streamlines billing, reducing payment delays and improving cash flow for subcontractors.
  • Siteline serves as a central hub for accounts receivable, enhancing team collaboration.

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Growth & Insights
Headcount

6 month growth

10%

1 year growth

17%

2 year growth

32%

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