Mating call: No code process digitisation platform Sitemate acquires Nomad Fleet for $2 million
Summary
Both Sitemate cofounder Hartley Pike and Nomad founder Will Smith have civil engineering backgrounds, working on construction sites and the software platforms complement each other in the building and heavy industry sectors. The business has been on a massive growth spurt, growing from 18 employees to more than 70 in the 18 months to their last raise, and now are on track to meet a promise to double the headcount with 120 in the team. Sitemate counts Boral, John Holland, Downer, Transgrid and Siemens Energy as customers, building software platforms to streamline paperwork and processes for the construction industry. “It brings a new and valuable capability for asset management into Sitemate’s product suite and serves as an additional lever of growth into the business’ customer base,” he said. “Additionally, it also demonstrates how effectively the Sitemate leadership and team are able to execute on inorganic opportunities as well as the core growth of the existing business.”