FYLD raises €36.7M Series B round
The funding will be used to fuel the expansion of FYLD's US business operations, which is expected to account for more than 40% of its revenue by the end of the year.
“The momentum we’re seeing reflects a clear shift: infrastructure leaders know reactive management of their frontline workforce has never worked at scale.”
Investors
Competitive Landscape
Direct startup competitors: Urbint (Series C, $150M+ raised, utility risk management), BuildOps (Series B, $100M+ raised, commercial contractor focus), and Raken (Series B, construction field reporting). Legacy incumbents: Procore (market leader in construction management) and Autodesk Construction Cloud, which offer broader project tools. Market context: Growing 'frontline intelligence' category aimed at digitizing high-risk infrastructure sectors that have historically relied on manual reporting.
About Energy Impact Partners
Notable portfolio companies: Arcadia (renewable energy platform, unicorn), Dragos (industrial cybersecurity), Form Energy (long-duration battery storage), Electric Hydrogen (green hydrogen production, unicorn), SmartRent (smart home automation for rentals), and Urbint (AI for utility infrastructure risk).