- SingleOps — the leading all-in-one SaaS business management software for outdoor services companies — announces $6 million in new funding led by Five Elms Capital
SingleOps — the leading all-in-one SaaS business management software for outdoor services companies — announces $6 million in new funding led by Five Elms Capital. And Five Elms partner Ryan Mandl joined the SingleOps Board of Directors in connection with the funding. SingleOps has now raised a total of $8.5 million since launching.
In the past year, SingleOps doubled its revenue, customer base, and staff. And the company’s growth has been fueled by outdoor services companies like landscapers, tree care, lawn care, and landscape supply companies that wanted to improve productivity by automating key processes. But as COVID-19 started showing up in the States, many outdoor services companies shifted their focus from automating processes to deploying tools that would allow them to run their businesses remotely.
SingleOps is known as the leading all-in-one business management software for outdoor service industries, including tree care, lawn care, full-service landscaping, sod farms and landscape supply. And the company serves thousands of users who have collectively processed over $1.5 billion in revenue through its platform and use it daily to operate their businesses and interact with clients.
Launched in 2013, SingleOps has grown to serve thousands of users across hundreds of customer accounts, including large companies like Arbor Masters, Capital Land Management, and Quality Care — which have collectively used the SingleOps platform to process over $1.5 billion in revenue.
And SingleOps plans to use the new funding to expand its solution set, either organically or through acquisition, and grow its team. Plus the company is still hiring across all key areas, from sales and marketing to product development and customer-facing operations.
Key Quotes:
“Our customers are adjusting to changing market conditions by adopting tools like SingleOps that make it easier to perform front- and back-office tasks remotely. Using SingleOps, companies can provide estimates, schedule work, manage crews, track labor and materials, and invoice and receive payments, all without meeting customers face-to-face. This has allowed them to continue operating, and even increase productivity.”
“The overall perception is that the green industry has been relatively insulated from COVID-19. Many of these businesses are considered essential in terms of the services they provide, such as tree care, which can be vital from a safety perspective. And, depending on the state, city and county, even maintenance work has proceeded as usual. Our ability to support these companies by allowing them to access key data and perform business-critical tasks from anywhere while limiting in-person meetings has helped to keep our business going strong through these unprecedented times.”
-Sean McCormick, CEO at SingleOps
“The green industry generates nearly $100 billion in annual revenue and yet, many companies in the space are still using email, spreadsheets, and pen and paper to manage projects, payments and invoicing. As they look for ways to be more efficient, competitive and profitable, updating their business systems is a logical solution. In a short time, SingleOps has established itself as the leading modern all-in-one business management platform for the outdoor services industry. Sean has put together a great team and product, and we are thrilled to lead this investment.”
-Five Elms partner Ryan Mandl