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Fieldglass provides a cloud-based vendor management system (VMS) that enables organizations to manage their external workforce and services procurement. The platform streamlines the process of engaging and managing contingent labor, offering capabilities for time tracking, absence management, and comprehensive worker profile management. It facilitates compliance with tax and regulatory requirements while providing real-time data and analytics to optimize the use of external talent across various sectors.
Jai Shekhawat founded Fieldglass in 1999, identifying a critical market need for a structured approach to managing a company's non-employee workforce. His insight was to leverage a cloud-based platform to address the complexities of contingent labor and services procurement. Shekhawat, who also co-founded the IT outsourcing firm Quinnox and holds an MBA from Northwestern's Kellogg School, led the company through its early stages, establishing it as a pioneer in the VMS space.
The platform serves large enterprises across various industries that rely on external workers, contractors, and service providers to meet business demands. Fieldglass aims to provide companies with a holistic view and control over their entire extended workforce. Its vision is to empower organizations to gain operational efficiencies, achieve greater agility, and make informed decisions regarding their flexible talent pool, ultimately optimizing business value and competitiveness in a dynamic global market.
Fieldglass has raised $34.0M across 3 funding rounds.
Key people at Fieldglass.
Fieldglass was founded in 1999 by Klaus Tschira (Founder) and Dietmar Hopp (Founder) and Claus Wellenreuther (Founder) and Hans-Werner Hector (Founder).
Fieldglass has raised $34.0M in total across 3 funding rounds.
Fieldglass is an enterprise-grade, cloud-based vendor management system (VMS) — now sold as SAP Fieldglass — that helps organizations find, hire, manage, track and pay external workers and services suppliers across contingent workforce and services procurement programs[4][1].
High-Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Quick take: SAP Fieldglass is the enterprise VMS standard for managing external labor and services procurement at scale; its strengths are deep SAP integration, analytics, and global compliance features, and its future will be driven by AI, marketplace integrations and the broader shift to total‑talent management[4][1][7].[4]
Fieldglass was founded in 1999 by Klaus Tschira (Founder) and Dietmar Hopp (Founder) and Claus Wellenreuther (Founder) and Hans-Werner Hector (Founder).
Fieldglass has raised $34.0M in total across 3 funding rounds.
Fieldglass's investors include New Enterprise Associates, Touchdown Ventures, StarVest Partners.
Key people at Fieldglass.
Fieldglass has raised $34.0M across 3 funding rounds. Most recently, it raised $11.0M Venture Round in September 2016.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2016 | $11.0M Venture Round | New Enterprise Associates, Touchdown Ventures | |
| Jan 1, 2005 | $11.0M Series D | New Enterprise Associates, StarVest Partners, Touchdown Ventures | |
| Aug 1, 2002 | $12.0M Series C | StarVest Partners |