Sitemate, a Sydney, Australia-based scaleup creating no-code software platforms for the built world, has raised $7.5 million in a pre-Series A funding round.
Investors
The round was led by Marbruck Investments, with support from existing investors Blackbird Ventures and Artesian.
Marbruck Investments is an open-ended venture capital firm that sources, invests in and provides ongoing guidance to early- and growth-stage technology companies. Based in Darlinghurst, Australia, the firm focuses on seed-stage, early-stage, and later-stage investments.
Sitemate Use of Funds
The latest funding will help Sitemate scale its operations, with plans to double its go-to-market teams across key regions by the end of 2024.
About Sitemate
Sitemate develops no-code software platforms specifically designed for businesses in the built world. Their products help streamline workflows, improve compliance, and integrate various tools used within the industry. Sitemate's flagship platform, Dashpivot Systems Cloud, and their latest release, Flowsite Integrations Cloud, are designed to make it easier for companies to manage operations and connect with other built-world tools like Xero and PowerBI.
Funding Details
Company: Sitemate Services Pty Ltd.
Raised: $7.5M
Round: Pre-Series A
Funding Month: December 2024
Lead Investors: Marbruck Investments
Additional Investors: Blackbird Ventures, Artesian
Company Website: https://sitemate.com/
Software Category: Construction Management
Source: https://sitemate.com/blog/company/sitemate-raises-pre-series-a/