Jobber, an Edmonton-based software company, has raised $100 million USD in Series D funding led by General Atlantic. Jobber’s software helps home service businesses operate more efficiently, increase earning potential, and improve the customer experience.
While other tech companies have struggled in recent months, Jobber has seen strong demand from consumers for necessary home services. Jobber’s co-founder and CEO Sam Pillar explained that the product’s consistent demand comes from the fact that homeowners need to fix certain things regardless of how the economy is doing. Mr. Pillar said: “Your roof springs a leak, you fix it. If your air conditioner or your hot water tank or your furnace breaks, you’re gonna fix it.”
Jobber plans to invest the funds in research and development, sales and marketing, and new customer acquisition. The company has managed to avoid laying off employees and is now looking to grow its 600-person team.
Photo Credit: istock.com/vladimir soldatov.
Authors
Expertise
Insights
-
Technology
Compute Is the New Currency: OpenAI Signs US$38B Cloud Pact with AWS
OpenAI has signed a seven-year, US$38 billion cloud agreement with Amazon Web Services (“AWS”), gaining access to hundreds of thousands of Nvidia GPUs to train and run future models. This shift comes… -
Technology
Apple and Nvidia reach historical milestones, dominate the stock market
In late October, Apple Inc. (“Apple”) became only the third company in history to reach a market capitalization of US$4 trillion, joining Nvidia Corporation (“Nvidia”) and Microsoft Corporation, which… -
Technology
ABK Biomedical Secures US$35 Million Series D Financing to Advance Liver Cancer Treatment
Halifax-based medical device company ABK Biomedical, Inc. (“ABK Biomedical”) has raised US$35M in Series D financing to support the commercialization of its innovative liver cancer treatment.Founded… -
Technology
Tech Blog – 1Password Locks in AI Security with Browserbase and US$100M Secondary Sale
In early October, Toronto-based 1Password, a platform that helps individuals and businesses securely manage digital identities, announced a new partnership and completed a major secondary sale… -
Technology
Rebuilding the Pre-Construction Process: Provision’s AI Co-Pilot Is Changing How Projects Are Estimated
Provision Software Corporation (“Provision”), a Toronto-based AI technology company, is developing tools that empower pre-construction professionals to work more efficiently and profitably… -
Technology
Cybrid raises US$10 million to scale stablecoin payment infrastructure
Cybrid Technology Inc. (“Cybrid”), a Toronto-based fintech startup, has secured a US$10-million Series A funding round to help financial institutions and companies integrate its stablecoin payment…