# Fieldglass

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fieldglass

- Industry: Software
- Headquarters: Chicago, US
- Website: www.fieldglass.com
- Total disclosed funding: $24M
- Latest round: Series D (Jan 18, 2005)
- Investors on record: 6

## About

Fieldglass provides advanced workforce management solutions through its flagship products, SAP SuccessFactors and SAP Fieldglass, optimizing staffing, labor cost control, and compliance through automation and real-time insights.Fieldglass, founded in 1999 by Jai Shekhawat and headquartered in Chicago, US, specializes in workforce management solutions. The company was acquired by SAP in May 2014. Currently, Jai Shekhawat serves as the CEO. Fieldglass has successfully completed 7 deals, with the most recent being a Series D funding round in March 2014, raising USD 11.00 mn from investors including Grotech Ventures and Bluestream Ventures.Fieldglass offers a comprehensive suite of workforce management solutions, including SAP SuccessFactors and SAP Fieldglass, which streamline staffing, labor costs, and compliance through automation. These integrated applications support time tracking, absence management, and contingent workforce management, optimizing various employee profiles. The solutions are utilized across industries in global markets such as North America, Europe, and Asia-Pacific.Fieldglass generates revenue through subscription-based models for its workforce management software. Clients engage in direct B2B transactions for access to functionalities like time tracking and contingent workforce management. The pricing structure features tiered subscription plans, allowing scalability for organizations. The flagship products, SAP SuccessFactors and SAP Fieldglass, are central to the company's revenue, relying on ongoing client relationships supported by continuous updates and services.Fieldglass plans to leverage recent funding from the Series D round completed in March 2014 for future growth initiatives. The company aims to expand its product offerings and enhance existing solutions. Additionally, Fieldglass is focused on entering new geographic markets, though specific regions and timelines have yet to be detailed. The most recent acquisition by SAP is expected to bolster these growth strategies.

## Funding rounds

- Series D, Jan 18, 2005, $11M — Grotech Ventures, StarVest Partners, Bluestream Ventures, HLM Venture Partners
- Series C, Aug 5, 2002, $12M — RBC Capital Markets, StarVest Partners, Bluestream Ventures, Prism Capital, HLM Venture Partners
- Angel, Dec 1, 2000, $0.8M — Prism Capital

## Investors

- Prism Capital (https://capitalatlas.ai/funds/prism-capital) — Angel, Series C
- RBC Capital Markets (https://capitalatlas.ai/funds/rbc-capital-markets) — Series C
- StarVest Partners (https://capitalatlas.ai/funds/starvest-partners) — Series C, Series D
- Bluestream Ventures (https://capitalatlas.ai/funds/bluestream-ventures) — Series C, Series D
- HLM Venture Partners (https://capitalatlas.ai/funds/hlm-venture-partners) — Series C, Series D
- Grotech Ventures (https://capitalatlas.ai/funds/grotech-ventures) — Series D