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- Edmonton-based Jobber raises $100M on the heels of massive growth
Edmonton-based Jobber raises $100M on the heels of massive growth
The company has close to 600 employees across.
Edmonton-based Jobber, an operations management platform for small home service businesses, has raised $100 million USD to support its continued growth through investments in R&D, sales and marketing and new customer acquisition.
The company announced that the investment in capital was led by global growth equity investor General Atlantic. The Series D round also included participation from Jobber's existing investors Summit Partners, Version One Ventures, and Tech Pioneers Fund.
“While this is an important milestone for Jobber, what we care about most is the success of the small businesses we serve,” said Sam Pillar, CEO and co-founder of Jobber, in a statement.
“We’re committed to doing everything we can to help them transform the way they deliver their services and operate their companies. We’re thrilled to partner with General Atlantic as we continue to pursue our mission of helping the people in small businesses be successful, and further entrench our leadership position in this important and growing small business category.”
In connection with the news, Aaron Goldman, managing director and head of enterprise technology investing at General Atlantic, has joined Jobber's board of directors. “We believe Jobber is bringing much-needed innovation to the small business segment, a category that has been traditionally underserved by technology solutions and is still in the early stages of digital adoption,” he said in a news release.
The company says its mission is to help small home service businesses modernize their operations, increase earning potential, and meet evolving consumer expectations. It says the company’s all-in-one SaaS and mobile solution supports businesses through the full customer lifecycle—from sending quotes to scheduling crews, dispatching jobs, invoicing customers, and accepting credit card payments. More than 200,000 service pros in 60 countries rely on Jobber to help improve customer experience and run a more efficient small business.
Jobber raised its last round of funding in January 2021, a $60 million USD growth equity financing led by Summit Partners. Since that time, Jobber has grown its revenue by three times and is now helping more than 200,000 home service professionals across 50 industries including HVAC, lawn care, plumbing, residential cleaning, painting, and more to deliver services to more than 27 million properties. These jobs resulted in over $13 billion USD in revenue in 2022 for Jobber's customers, according to the company.
“Although we're proud of our growth to date, the real opportunity lies ahead of us,” said Shawn Cadeau, chief revenue officer at Jobber, in a statement. "There are more than 6.2 million home service businesses in North America alone delivering more than $600 billion in services each year that can benefit greatly from using Jobber.”
Jobber has close to 600 employees across Canada, with some based in the U.S. and Latin America.