FieldEdge
“Can a 45-year-old field service software company for HVAC contractors monetize its installed base through embedded payments and lending under the Xplor umbrella?”
Founded1980
HQAtlanta, Georgia, United States
Latest roundAcquired by Advent International (2018)
IndustryVertical SaaS / Field Services
The story
Founded in 1980 as dESCO, FieldEdge invented field service management software for HVAC contractors. In 2018 Advent International acquired FieldEdge and merged it with payments processor Clearent, then combined the group under the Xplor Technologies umbrella. Today FieldEdge operates as 'FieldEdge by Xplor' — a vertical SaaS platform for home service contractors (HVAC, plumbing, electrical) with embedded payments (FieldEdge Payments powered by Xplor Pay, formerly Clearent) and embedded capital (Xplor Capital) supplied by its parent.
Last 12 months
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Product timeline
1980
Founded as dESCO, inventing service management software for HVAC contractors· pivot
2018
Advent International acquired FieldEdge and merged it with payments company Clearent· acquisition
2021
Obtained SOC 2 compliance certification· pivot
2021
Clearent/FieldEdge combined into Xplor Technologies (embedded payments + vertical SaaS)· acquisition
Acquisitions
The stack
3 layers disclosed in FieldEdge’s embedded-finance stack
Lending
in the full report
Accounting
in the full report
Accounting gap: none
5 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.