ServiceBridge, LLC
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ServiceBridge, LLC - overview
Established
2010
Location
Chicago, IL, US
Primary Industry
Software
About
ServiceBridge, LLC is a comprehensive field service management platform focused on enhancing operational efficiency for service-oriented businesses through digital solutions for work order management, invoicing, and customer relations. Founded in 2010 in Chicago, US, ServiceBridge, LLC is dedicated to providing a field service management platform that simplifies operations for service businesses. In January 2020, GPS Insight, backed by Bregal Sagemount, acquired ServiceBridge, with financial terms undisclosed. The founder's previous entrepreneurial history is not specified.
ServiceBridge operates as an all-in-one field service management platform designed to streamline operations for service-based businesses. The company's core offerings include comprehensive solutions for managing work orders, invoicing, payment processing, and customer relationship management, all intended to enhance operational efficiency and improve cash flow. ServiceBridge facilitates the transition from manual processes to a digital platform, enabling users to manage their workforce, track job progress, and handle customer payments in real time. The platform is particularly beneficial for industries such as cleaning services, plumbing, HVAC, and pest control, among others, providing tools that cater to specific needs like scheduling, inventory management, and performance analytics.
ServiceBridge products are marketed primarily in North America and extend to various sectors globally, empowering businesses to optimize their workflows and improve service delivery. ServiceBridge generates revenue through a subscription-based model where clients pay for access to its suite of management tools and services. The transactional structure typically involves businesses signing up for various service tiers, which may include features like integrated payments, enhanced reporting capabilities, and customer support. Clients can choose from different pricing plans based on their operational needs and scale, allowing them to select the level of service that aligns with their business objectives.
Revenue is driven by user subscriptions, with services designed to streamline payment collections and improve financial tracking for service providers. This model positions ServiceBridge to capture ongoing revenue from its client base as businesses adopt their solutions for improved operational efficiency. As of the most recent deal in January 2020, ServiceBridge plans to leverage its acquisition by GPS Insight to enhance its product offerings and expand market reach. The company is focused on developing new features to improve user experience and streamline field service operations.
Specific geographic expansions are yet to be detailed, but strategic initiatives will likely target broader North American markets and potential international opportunities. Funding from the acquisition is expected to facilitate these growth strategies, although exact allocations and timelines have not been disclosed.
Current Investors
GPS Insight LLC
Primary Industry
Software
Sub Industries
Sales & Marketing Software, Customer Relationship Management, Content Management Software, Analytics & Performance Software
Website
www.servicebridge.com
Verticals
Cloud Computing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
ServiceBridge, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | ServiceBridge, LLC | - |
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ServiceBridge, LLC - employee data


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