ServiceChannel

ServiceChannel

Provides facility managers with a single platform to procure, manage and pay for facility maintenance services.

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$1.2b

Valuation: $1.2b

Acquisition
Total Funding000k
Accel
Accel(exited)
SJF Ventures
SJF Ventures(exited)
SolbegSoft
SolbegSoft(exited)

Financials

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Revenues, earnings & profits over time
USD2021
Revenues0000
EBITDA0000
Profit0000
EV0000
EV / revenue00.0x
EV / EBITDA00.0x
R&D budget0000

Source: Company filings or news article

More about ServiceChannel
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ServiceChannel is a leading provider of facility management software and contractor sourcing solutions. The company operates in the facilities management market, offering a comprehensive platform that allows businesses to manage all their maintenance activities from a single interface. ServiceChannel primarily serves large enterprises and organizations that operate multiple locations, such as retail chains, restaurants, and healthcare facilities.

The core of ServiceChannel's business model is its software-as-a-service (SaaS) platform, which clients subscribe to for a recurring fee. This platform helps clients streamline their maintenance operations by automating work orders, tracking asset performance, and managing contractor relationships. The platform also includes advanced features like mobile GPS check-ins for technicians, automated routing of work orders to warranty providers, and compliance tools for environmental regulations.

ServiceChannel makes money through subscription fees for its platform, as well as additional fees for premium features and services. By providing actionable insights through data analytics, the company helps clients optimize their maintenance spend, reduce downtime, and ensure compliance with regulatory standards. This not only saves money for clients but also enhances the efficiency and reliability of their operations.

In summary, ServiceChannel offers a robust solution for facilities management, leveraging data and automation to deliver cost savings and operational efficiencies. The company stands out in the market for its ability to provide comprehensive, data-driven insights that help clients make informed decisions.

Keywords: Facilities Management, SaaS, Maintenance Automation, Contractor Sourcing, Data Analytics, Cost Optimization, Compliance Tools, Multi-location Enterprises, Asset Tracking, Preventative Maintenance.

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Investments by ServiceChannel

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Big Sky Technologies
ACQUISITION by ServiceChannel Feb 2016