SingleOps, a provider of all-in-one SaaS business-management software for outdoor-services companies, received $6 million in new funding in April. Five Elms Capital led the round, and Ryan Mandl, Partner at Five Elms, joined the SingleOps Board of Directors. SingleOps has now raised $8.5 million overall.
SingleOps doubled its revenue, customer base and staff in the past year, attributing the growth to companies that wanted to improve productivity by automating key processes. However, as COVID-19 began showing up in the U.S., many outdoor-services companies shifted their focus from automating processes to deploying tools that would allow them to run their businesses remotely.
“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,” says Sean McCormick, CEO at SingleOps.
SingleOps plans to use the new funding to expand its solution set, either organically or through acquisition, and to grow its team. The company is still hiring across all key areas, from sales and marketing to product development and customer-facing operations.