Siteline

Siteline

Construction billing software for subcontractors

About Siteline

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

Industries

Enterprise Software

Company Size

11-50

Company Stage

Series A

Total Funding

$17.9M

Headquarters

San Francisco, California

Founded

2019

Overview

Siteline.com 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. With a subscription-based revenue model, Siteline helps subcontractors save time and reduce payment delays, making it a valuable investment for those in the construction industry.

Simplify Jobs

Simplify's Take

What believers are saying

  • Siteline raised $15 million in Series A funding led by Menlo Ventures.
  • The rise of blockchain offers opportunities for secure, transparent transactions.
  • Increasing mobile technology adoption allows Siteline to expand mobile capabilities.

What critics are saying

  • Increased competition in construction technology could threaten Siteline's market share.
  • Economic downturns may reduce demand for Siteline's billing solutions.
  • Reliance on a subscription model poses risks during economic uncertainty.

What makes Siteline unique

  • Siteline offers a streamlined platform for managing pay applications and compliance.
  • The platform has facilitated billing over $1 billion across 10,000 projects.
  • Siteline provides a central hub for accounts receivable activities, enhancing team collaboration.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$17.9M

Meets

Industry Average

Funded Over

2 Rounds

Notable Investors:
Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Meet Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$15M
Siteline
$100M
GitHub

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Flexible Work Hours

Remote Work Options

Unlimited Paid Time Off

Professional Development Budget

Equity Options

Team Events

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

-6%

2 year growth

-12%
SV Daily
May 19th, 2023
Ethernovia Scores $64 Million

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.

SV Daily
Mar 1st, 2023
VC Firm SignalFire Closes $900 Million in New Capital

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.

PYMNTS
Feb 13th, 2023
30% Of Construction Firms Are Investing In Technology

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.

Labels & Labeling
Sep 7th, 2022
Label Traxx partners with Siteline

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.

SV Daily
Mar 7th, 2022
Menlo Ventures invests into Siteline in $15M

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.

Recently Posted Jobs

Sign up to get curated job recommendations

Siteline is Hiring for 0 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update Siteline's jobs every 8 hours, so check again soon! Browse all jobs →