Skedulo Closes $9.2 Million in Series A Funding to Support Massive Growth

New Funding Will Accelerate Leadership in the Mobile Workforce Technology Race.

 Skedulo, the leader in mobile workforce management, today announced that the company has closed $9.2 million in Series A funding led by Costanoa Venture Capital, an early stage investor in cloud-based services for businesses and consumers leveraging data and analytics.  Existing Skedulo investor Blackbird Ventures also participated in the round, bringing total funding to $11 million. In addition, Mark Seclow, Venture Partner at Costanoa Ventures, has joined the Skedulo Board of Directors. In the era of mobile-centric, on-demand and self-service, Skedulo helps organizations solve essential mobile challenges for a diverse set of workforces by enabling better, faster and smarter customer interactions with solutions that go well beyond traditional ‘field service’ operational challenges.

“To date, Skedulo has seen amazing growth and has built a strong customer base with more than 2.5 million jobs scheduled,” said Mark Seclow, Venture Partner at Costanoa Ventures and Skedulo board member. “With the rising implementation of bring-your-own-device (BYOD) policies in organizations 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 organization that performs work on-location and we are proud to back and work alongside these industry leaders.”

With this investment, doubling down on opportunities for rapid product innovation and platform extensibility will be a primary focus along with expanding marketing and sales teams at Skedulo’s new global corporate headquarters in San Francisco, California. An immediate build out of core teams in Brisbane and Saigon will also accelerate. Skedulo also plans to expand partnerships with enterprise platforms including Salesforce.com as well as invest in next generation technologies that improve the company’s extensibility, mobility and use of artificial intelligence.

With the climate for investment by venture capitalists in question after the largest quarterly decline since the dot-com bust in 2000 (according to Dow Jones VentureSource), the funding further validates the market’s need for simple, straightforward technology that solves essential business problems.

“This latest funding round is a significant milestone for Skedulo which validates the enormous potential we see for our solution,” said Skedulo CEO and co-founder Matt Fairhurst. “To date we’ve done a fantastic job creating a great team, company and customer base, and in the coming months, we expect to aggressively attract and hire leading engineering, sales and marketing talent. We now have the right partners in Costanoa Ventures and Blackbird to pour fuel on the fire and focus on our next stage of growth. Moving forward, we will continue to build momentum as the industry leader in providing mobile-first applications for growing organizations that transform the way organizations manage and deploy their mobile workforces.”

“We’re thrilled to continue to invest in Skedulo’s mission of helping to co-ordinate the increasingly mobile workforces of industries like healthcare and aged care. The smartphone is now changing the working lives of employees who don’t sit in skyscrapers and who have a computer with them every minute of the day for the first time,” said Niki Scevak, co-founder of Blackbird Ventures.

By 2020, analysts including Technavio agree that more vendors will compete to support a high demand for job scheduling and device agnostic mobile technology. Skedulo helps hundreds of companies deliver remarkable customer service with advanced scheduling and an attractively designed, smart mobile user interface. Learn more about Skedulo at https://skedulo.com. Interested in job opportunities? Email careers@skedulo.com for immediate consideration.

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