Field Nation Receives $30 Million in Funding: The Next Chapter of Our Growth Story

9.10.2015, Written by Mynul Khan

We have big news from Field Nation today. We have announced a new $30 million round of funding, led by Susquehanna Growth Equity (SGE).

We are thrilled about this next chapter in our growth story and are humbled by the validation of our technology, our business approach and our team. We are thankful to our amazing users who believe so strongly in the Field Nation platform that they make it a cornerstone of their own business.

So, what’s next for Field Nation?

This investment is a validation of our approach. Field Nation first got its start in 2008 and we have achieved incredible growth through years of hard work. Inc. Magazine recognized us as one of the 50 fastest growing private companies in the nation in 2013, and again in 2014. Last month, Staffing Industry Analysts included Field Nation as one of the world’s 25 largest human cloud platforms and as one of the top 10 B2B human cloud platforms.

 

All of this means that our new funding will help move us from growth to hyper-growth.

 

Specifically, we are focused on a few key areas:

 

Developing additional breadth and depth in our platform. We will focus our execution on what we know works. New updates, improvements and insights within our marketplace platform will continue to break the boundaries of work. Our native iOS and Android mobile apps for independent contractors continue make it easier and faster for freelancers, contractors and SMBs to find, manage and complete work while out in the field. We are also accelerating our development roadmap and implementation around:

 

  • New Marketplace Workforce Optimization, Analytics and Reporting – While we continue to rapidly execute and disrupt through innovation, we will quicken the pace while deepening platform capabilities. Many of these initiatives are already in flight. We are adding a new engine to this rocket and are ready to ignite!
  • Our SaaS Offering: Field Nation Complete – Our total workforce management solution delivers superior visibility, accountability and control to organizations engaging a hybrid field force. Whether using internal, contingent, external or independent workforces, enterprises must focus on getting work done rather than swivel-seating between systems and managing multiple processes, integrations, teams and budgets.
  • New Services and Support – Service and support is a hallmark of our business and Field Nation plans to create new ways to help with enterprise software integration, on-demand support as organizations ramp up with our platform, and high-touch support as businesses engage with the New American workforce.

 

Expanding into new and adjacent markets. The workforce continues to evolve. The passion of the new entrepreneur starting his or her own business inspires all of us at Field Nation and the opportunity for established organizations to focus on core capabilities and engage with growing on-demand workforce is incredible. These opportunities and experts are not limited to any one industry or geography. We will accelerate our growth into new and adjacent markets and verticals, ensuring that we are able to connect quality with opportunity so that you can grow your business anywhere your business takes you.

More people than ever are finding independence and satisfaction through freelancing and contracting. The velocity of work is increasing.

We are excited about this new chapter in our growth story.

We are eager to break down the barriers to work.

We are committed to helping you Get Work. Done.

 

Read the official announcement here.