Fieldwire
“Can a field-first jobsite app become the operational and financial system of record for construction, riding Hilti's global distribution?”
Founded2013
HQSan Francisco, California, United States
FoundersYves Frinault, Javed Singha
Total raised$41.2M (pre-acquisition)
Latest roundAcquired by Hilti (2021)
Valuation$300M (acquisition)
IndustryVertical SaaS / Construction
The story
Fieldwire began in 2013 as a mobile task and plan management tool for construction foremen and superintendents — a lighter, field-first alternative to PlanGrid. After raising ~$41M across seed/A/C rounds, Hilti acquired the company in 2021 for ~$300M to become the software layer of Hilti's construction ecosystem. Under Hilti, Fieldwire has expanded upmarket into RFIs, submittals, change orders, and budget modules — pushing into project financial workflows — but has not launched embedded payments, lending, or banking products.
Product timeline
2013
Founded in San Francisco by Yves Frinault and Javed Singha as a mobile-first construction jobsite management app· founding
2015
Series A led by Formation 8; expanded field task/plan management platform· product
2019
Series C led by Menlo Ventures; Hilti Group joins as strategic investor· product
2021
Acquired by Hilti for approximately $300M; becomes Fieldwire by Hilti· acquisition
2024
Introduced AI features (RFI drafting, photo tagging, document search)· product
The stack
2 layers disclosed in Fieldwire’s embedded-finance stack
Money movement
Accounting
in the full report
Accounting gap: minor
9 more providers across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.