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Industries
Data & Analytics
Industrial & Manufacturing
Enterprise Software
Company Size
11-50
Company Stage
Series A
Total Funding
$18.4M
Headquarters
San Francisco, California
Founded
2019
Siteline provides a construction billing software designed specifically for subcontractors to generate, submit, and manage pay applications. It acts as a central hub for accounts receivable, enabling collaboration among teams and keeping all pay-app-related documents in one place. The platform Tailors pay apps to each general contractor’s specifications and tracks compliance documents to reduce errors and delays. This helps streamline the billing workflow, cut down on missing or incorrect information, and improve cash flow by reducing payment delays. Siteline has processed over $1 billion in billing across more than 10,000 projects, indicating real-world use in the construction market. The company likely operates on a subscription model where subcontractors pay a recurring fee for access. Overall, Siteline aims to simplify and speed up the subcontractor billing process so contractors get paid faster and more reliably.
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Total Funding
$18.4M
Meets
Industry Average
Funded Over
2 Rounds
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SAN FRANCISCO — Siteline, developer of an advanced billing solution for commercial trade contractors, has reeled in a $15 million Series A funding round led by Menlo Ventures with participation from existing investors.
SAN FRANCISCO — Siteline, developer of an advanced billing solution for commercial trade contractors, has reeled in a $15 million Series A funding round led by Menlo Ventures with participation from existing investors.
Construction firms are looking to technology to help them improve operations and build resilience. . Thirty percent of such firms said they are preparing for a possible recession by investing in technology to save time and costs, according to the January/February edition of the “B2B and Digital Payments Tracker®,” a PYMNTS and American Express collaboration. . They’re planning to add technology to accelerate payments, reduce financing costs and streamline back-office processes — solutions that address common problems in the construction industry, according to the report.
For the last six years, Label Traxx has collaborated with Siteline to develop and deploy a web-to-print technology that enables label customers and distributors to reorder, approve the artwork, pay invoices, and manage their label product catalogs online.
SAN FRANCISCO — Siteline, developer of an advanced billing solution for commercial trade contractors, has reeled in a $15 million Series A funding round led by Menlo Ventures with participation from existing investors.
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Industries
Data & Analytics
Industrial & Manufacturing
Enterprise Software
Company Size
11-50
Company Stage
Series A
Total Funding
$18.4M
Headquarters
San Francisco, California
Founded
2019
Find jobs on Simplify and start your career today