Field Nation
| Type of business | Private Company |
|---|---|
| Available in | English |
| Founded | 2008 |
| Headquarters | Minneapolis, MN, United States |
| Key people | Mynul Khan CEO |
| Industry | Internet Freelance Management System Freelance marketplace |
| Revenue | 100 Million+ |
| Website | www |
| Commercial | Yes |
| Registration | Required |
| Current status | Active |
Field Nation is an online freelance marketplace and Freelance Management System (FMS) predominantly serving businesses with field service needs and freelance field service workers. It is based in Minneapolis, MN.
In 2004, Field Nation CEO Mynul Khan began developing a web based platform for a single client to manage the outsourcing of their IT work. The platform soon began generating 3 million in revenue, and in March 2008 Khan launched Field Nation. Within 2 years Field Nation broke even and by 2014 posted more than 60 million in revenue.
In May 2015, Field Nation acquired its direct competitor, Field Solutions. As of the date of the acquisition Field Nation employed over 150 people. 400 million dollars revenue generated in 2016. The platform has more than 100,000 signed up technicians.
In September 2015, Field Nation raised 30 million dollars in venture capital, led by Susquehanna Growth Equity, a subsidiary of Susquehanna International Group.
Field Nation matches contract IT and other freelancers with corporate clients through an online marketplace made up of 65,000 freelance service providers. Businesses use Field Nation's software to manage independent contractors, existing employees, or both.
Service Providers create a profile which acts as a personal storefront. Profiles include details on skills, experience, relevant licenses, background checks, security clearances, and performance rating. Profiles can be created manually or using details pulled from other social platforms such as LinkedIn. Providers can check in at the work site using the Field Nation mobile app. The app allows for real-time work order tracking, ability to negotiate counteroffers, access to payment history, signature capture, and uploading of documents.
Field Nation has ranked two years in a row in the Inc. (magazine) 500, a list of the fastest growing companies in America. They were ranked 43rd in the United States in 2013 and 445th in 2014. They were ranked 4th fastest growing company in Minnesota in 2014.
Field Nation was recognized by the Minneapolis/St. Paul Business Journal as one of 2013's Fast 50 companies. The list features the fastest growing private companies based on revenue growth. Field Nation was ranked Minnesota's 2nd fastest growing private company.
CEO Mynul Khan was named 1 of 10 Minnesota business leaders to watch in 2015 by the Star Tribune.
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Wikipedia