Skedulo secures $9.4m in series A funding to transform mobile workforce scheduling
Meet Skedulo. The US and Australia-based company, which was founded in 2012, offers mobile workforce scheduling utilising the Salesforce platform – and it has snaffled $9.2 million (£7.45m) of series A funding in a round closed late last week.
The funding round was led by Costanoa Venture Capital, alongside contributions from existing investor Blackbird Ventures, taking overall funding up to $11m.
Skedulo’s offering is built ‘from the ground up’ to work alongside Salesforce, with the theory being to extend CRM and services processes to the field. Admins can assign jobs through fully customisable fields, with field workers being able to accept and interact in real-time, while the Salesforce integration also enables a flurry of business intelligence, such as scheduling data, custom workflows, reports, and dashboards.
“With the rising implementation of bring your own device policies in organisations worldwide, employees have gained greater access to enterprise applications from their handheld devices. Skedulo is uniquely positioned to deliver world-class technology to any type of organisation that performs work on-location and we are proud to back and work alongside these industry leaders,” said Mark Seclow, Costanoa venture partner in a statement.
The company says it aims to use the funding for ‘rapid product innovation and platform extensibility’, alongside expanding marketing and sales teams, and building out core teams in Brisbane and Saigon.
Skedulo also sounded a note in the press materials over the need for “simple, straightforward technology that solves essential business problems” after arguing the climate for VC investment was 'in question'. This is a message with which this publication agrees, although the funding market appears to be coming around again following a fallow year. A study from Jay Ritter, professor of finance at the University of Florida, found that on average, 37 tech firms filed for IPO each year between 2001 and 2015. As Quartz noted last month, those that have risen above the parapet this year – messaging app firm Line being the best example – are in the majority performing above expectations.
You can find out more about Skedulo here.
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