frontier growth

Durham SaaS startup ServiceTrade adds to its coffers, bringing total funding to $49M

Posted by WRAL News | Aug 11, 2020

The startup founded by Billy Marshall and Brian Smithwick recently raised around $30 million in a round led by Charlotte-based growth equity firm Frontier Growth, along with Bull City Ventures. The additional $19 million is rollover from existing Service Trade shareholders, the company says.

Durham-based Saas startup ServiceTrade, backed by Bull City Ventures, raises $30M

Posted by WRAL News | Aug 4, 2020

Founded in 2012 as a spin-out of another Durham tech company DunnWell, ServiceTrade currently caters to some 500 customers across fire protection, mechanical, and electrical industries, offering a platform to streamline their operations.