Fieldlens
Fieldlens is a technology company.
Financial History
Fieldlens has raised $10.0M across 2 funding rounds.
Frequently Asked Questions
How much funding has Fieldlens raised?
Fieldlens has raised $10.0M in total across 2 funding rounds.
Fieldlens is a technology company.
Fieldlens has raised $10.0M across 2 funding rounds.
Fieldlens has raised $10.0M in total across 2 funding rounds.
FieldLens is a construction technology company that builds a mobile and web-based jobsite management platform designed to streamline communication, task assignment, and progress tracking for construction teams.[1][2][3] It serves professional builders, field workers, project managers, superintendents, subcontractors, and office staff by solving key pain points in the construction industry, such as fragmented communication, delayed updates, and inefficient documentation through social media-inspired features like newsfeeds, photo/video sharing, tagging, RFIs, punch lists, and drawing annotations.[1][2][3] The platform enables real-time collaboration to reduce rework, track resources, and ensure projects stay on time and budget, with users reporting improvements in field visits, issue resolution, and change order processing.[2][3][7] FieldLens raised $12.21M–$12.6M before being acquired by WeWork in 2017 and later by RedTeam in December 2020, where it now operates as Fieldlens by RedTeam with pricing starting at $25/month.[1][2][4]
FieldLens was founded in 2011 (with some sources noting 2014) in New York City by individuals with deep construction industry experience, including Julian, who previously founded Punchlist—one of the first iPad apps for construction—and worked as a project manager for firms like Sensormatic (acquired by TYCO) and Crescent Construction.[1][4] The idea emerged from founders' firsthand observations of "chaos" on jobsites, where poor collaboration between field workers, foremen, supervisors, builders, and owners led to inefficiencies; they applied social media concepts like newsfeeds and sharing to daily tasks such as scheduling, safety audits, and progress reporting.[1][5] Early traction built on this need for real-time connectivity between field and office, leading to acquisitions: first by WeWork in 2017 to integrate with their space management for over 10 million square feet of operations, enhancing data-driven efficiency, and then by RedTeam in 2020 to expand their construction software suite.[1][5]
FieldLens rides the construction tech (ConTech) wave, part of a 1,382-company sector including management software, reality capture, and prefabrication, addressing an industry's shift toward digital tools to tame on-site chaos amid labor shortages and complex projects.[1][5] Timing aligns with post-2010 mobile adoption and data analytics boom, amplified by owner-operators like WeWork demanding real-time visibility for massive builds (e.g., 10M+ sq ft).[5] Market forces favoring it include rising demand for cloud-based efficiency in commercial/residential construction, where traditional methods fail on collaboration—FieldLens influences the ecosystem by integrating into suites like RedTeam's, enabling holistic project control and setting standards for field-office connectivity.[1][3]
FieldLens, now embedded in RedTeam's ecosystem, is poised to expand as ConTech consolidates, with trends like AI-driven analytics, 360°/AR documentation, and deeper ERP integrations shaping its evolution toward enterprise-scale predictive tools.[1][3] Expect growth in global field adoption, customized dashboards, and stakeholder networks, potentially influencing RedTeam's recapitalization strategy for mid-size contractors.[1][2] As ConTech matures, FieldLens could redefine jobsite standards, turning construction's "chaos" into data-fueled precision—echoing its origins in bridging field realities with office oversight.[5]
Fieldlens has raised $10.0M in total across 2 funding rounds.
Fieldlens's investors include Building Ventures, iNovia Capital, Lazerow Ventures, Openview Venture Partners, Point Judith Capital, Primary Venture Partners, Primetime Partners, RRE Ventures, SoftBank Capital, Tribeca Venture Partners, Accomplice VC, Benchmark.
Fieldlens has raised $10.0M across 2 funding rounds. Most recently, it raised $8.0M Series A in May 2014.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2014 | $8.0M Series A | Building Ventures, iNovia Capital, Lazerow Ventures, Openview Venture Partners, Point Judith Capital, Primary Venture Partners, Primetime Partners, RRE Ventures, SoftBank Capital, Tribeca Venture Partners | |
| Sep 1, 2012 | $2.0M Seed | Accomplice VC, Benchmark, Griffin Gaming Partners, iNovia Capital, Lazerow Ventures, Primary Venture Partners, RRE Ventures, SoftBank Capital, Tribeca Venture Partners |