Site Technologies Raises $10 Million In Series A Funding Led By Prologis Ventures
Sep 12, 2023•almost 2 years ago
Amount Raised
$10 Million
Round Type
series a
Investors
ProtagonistDivco West VenturesPrologis Ventures
Description
SITE Technologies, the leading innovator in asset management and data analytics technology utilizing artificial intelligence and advanced imagery capturing technologies, is excited to announce the successful completion of its Series A funding round, securing $10 million in investment. The round was led by Prologis Ventures, the investment arm for Prologis, the global leader in logistics real estate, along with technology investors DivcoWest Ventures and Protagonist.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech