Sitemark - About the company
Sitemark is a series A company based in Leuven (Belgium), founded in 2016 by Stanislas Vaeren and Maxime Bossens. It operates as a Provider of a platform for managing solar projects across lifecycles. Sitemark has raised $8.81M in funding from investors like Chroma Impact Investment, Startupbootcamp and Korys. The company has 10 active competitors, including 3 funded and 1 that has exited. Its top competitors include companies like Virtual Surveyor, Drone Division and Mind4Energy.
Company Details
Provider of a platform for managing solar projects across lifecycles. The platform offers tools for site assessment, progress tracking, quality control, and asset management. It facilitates thermography, work management, and commissioning. The platform integrates drones, robotics, artificial intelligence, analytics, forms, and ticketing. It supports stakeholders, including asset owners, EPC contractors, and O&M teams.
- Website
- www.sitemark.com/
Key Metrics
Founded Year
2016
Location
Leuven, Belgium
Stage
Series A
Total Funding
$8.81M in 8 rounds
Latest Funding Round
Investors
Ranked
1st among 10 active competitors
Employee Count
56 as on Apr 30, 2026
Investment & Acquisitions
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Legal entities associated with Sitemark
Sitemark is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SITEMARK CIN: 0660.967.106 , Belgium, Active | Aug 16, 2016 | - | 14 (As on Dec 31, 2022) | - |
Sitemark NV CIN: 660967106 , Norway, Active | Aug 16, 2016 | - | 24 (As on Dec 31, 2021) |
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Sitemark's funding and investors
Sitemark has raised a total funding of $8.81M over 8 rounds. Its first funding round was on 2016. Its latest funding round was a Grant (prize money) round on Jan 31, 2021 for $*****. 1 investor participated in its latest round. Sitemark has 6 institutional investors.
Here is the list of recent funding rounds of Sitemark:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 31, 2021 | 2444075 | Grant (prize money) | 9623004 | 5359523 | 2650766 | 1372534 |
May 01, 2020 | 8843872 | Grant (prize money) | 9366013 | 8953161 | 1974736 | |
Sep 23, 2019 | 1269125 | Series A | 7032670 | 2447999 | 7960159 |
View details of Sitemark's funding rounds and investors
Sitemark's founders and board of directors
Founder? Claim ProfileThe founders of Sitemark are Stanislas Vaeren and Maxime Bossens.
Here are the details of Sitemark's key team members:
- Stanislas Vaeren: Co-Founder of Sitemark.
- Maxime Bossens: Co-Founder & Managing Director of Sitemark.
- Michiko Lloyd: CEO of Sitemark.
View details of Sitemark's Founder profiles and Board Members
Sitemark's employee count trend
Sitemark has 56 employees as of Apr 26. Here is Sitemark's employee count trend over the years:
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Sitemark's Competitors and alternates
Top competitors of Sitemark include Virtual Surveyor, Drone Division and Mind4Energy. Here is the list of Top 10 competitors of Sitemark, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of a platform for managing solar projects across lifecycles | $8.81M | 60/100 | ||
2nd | Virtual Surveyor 2015, Leuven (Belgium), Unfunded | Develops an image processing solution for UAV data | - | - | 33/100 |
3rd | Drone Division 2017, Wielsbeke (Belgium), Acquired | Provider of data-driven insights and non-destructive inspections for industrial assets using drones | - | - | 30/100 |
4th | Mind4Energy 2011, Ghent (Belgium), Series A | Develops PV monitoring software | - | 28/100 | |
5th | Provider of a drone data management software solution | $426K | 27/100 | ||
6th | App-based PV monitoring solution provider | - | - | 25/100 | |
7th | Aerial Insights 2015, Barcelona (Spain), Funding Raised | Provider of a platform for the processing of drone images | - | 21/100 | |
8th | Argus Vision 2013, Mechelen (Belgium), Funding Raised | Solution for drone data analytics | - | 18/100 | |
9th | Provider of heating system installation, maintenance, and repair services | - | - | 16/100 | |
10th | Edison Energy 2010, Hasselt (Belgium), Funding Raised | Provider of solar operation & maintenance service | - | 15/100 |
Looking for more details on Sitemark's competitors? Click here to see the top ones
Sitemark's Investments and acquisitions
Sitemark has acquired VITO. Sitemark has not made any investments as of now.Reports related to Sitemark
Here is the latest report on Sitemark's sector:
News related to Sitemark
Media has covered Sitemark for a total of 3 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
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Marks & Spencer Launches Re:Spark to Boost Renewable Electricity Adoption in Supply ChainMiningstockeducation•Nov 19, 2025•Schneider Electric, Sitemark
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Fittora launches AI-powered platform to reduce returns and waste in made-to-order clothingFashion Network•Sep 23, 2025•Sitemark
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Retail cybersecurity solutions to implement cyber resilienceThe Retail Bulletin•Sep 09, 2025•Sitemark
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H3 Dynamics launches drone stations to monitor solar farmsTrade Arabia•Mar 06, 2022•H3 Dynamics, Sitemark
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Sitemark partners with Fulcrum to launch one-stop solar field solution on mobilepv magazine•Jun 16, 2021•Sitemark, Fulcrum Digital
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Enerparc, the EU’s largest PV asset owner, establishes partnership with Sitemarkpv magazine•Jul 09, 2020•Enerparc, Sitemark
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