SingleOps raised $6 Million in Funding round from Five Elms Capital

SingleOps, an Atlanta based Software-as-a-Service (SaaS) business management software for outdoor services companies, recently secured $6 million in funding.

The Five Elms Capital led the latest funding round. Post funding, Ryan Mandl, the Managing Partner at Five Elms, will be going to join as the SingleOps, Board of Directors, notes the announcement.

Founded in 2013, Atlanta based SingleOps offers a cloud-powered business management software platform for the outdoor service industries. The offerings include full-service landscaping, landscape supply, lawn care, tree care, and sod farms. Including the latest funding round, SingleOps has raised a total of $8.5M in funding over 3 rounds to date.

Executive Opinion

CEO at SingleOps, Sean McCormick, said, "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."

He further added, "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."

SingleOps's Latest Funding

Arbor Masters, Capital Land Management, and Quality Care are some of the customers of SingleOps platforms and process over $1.5 billion in revenue, notes the announcement.
The company, as of now, has plans to use the funds to expand its solution, either organically or via acquisition, and grow its team size.