Investment October 2020
Why we invested
Demand for field service management software solutions is growing rapidly driven by the increasing digitisation of workflows, a rising population of mobile workers, greater integration of software ecosystems and devices, and an increased focus on productivity. With its market-leading SaaS solution, Totalmobile is uniquely positioned to capitalise on this opportunity.
The story so far
Since our investment in 2020, Totalmobile has further strengthened its technology platform, enhanced its product offering and deepened its sector expertise. Revenue has grown rapidly, both organically and through acquisition.
As part of Bowmark’s initial investment, additional funding was made available to accelerate the company’s successful acquisition programme. Totalmobile has since acquired three companies: WTS, which specialises in shift planning, rostering and workforce management; Cognito iQ, which added a leading real-time analytics capability to Totalmobile’s product suite; and GeoPal, which brought additional product and sector expertise in the growing utilities and infrastructure market.