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
Autolane’s Infrastructure Solutions for Autonomous Vehicles
The development of robotaxis from companies such as Waymo LLC and Zoox, Inc. has sparked broader conversations about how autonomous vehicles will integrate into everyday life. For this integration to… -
Technology
BDC Signals Greater Openness to Defence-Focused Venture Investing
The Business Development Bank of Canada (“BDC”) has indicated it may ease restrictions that have historically limited venture capital funds it backs from investing in defence-related technologies… -
Technology
Toothpod Launches an Innovative, Chewable Dental Hygiene Tablet
Toothpod, a Toronto-based startup, has launched a portable, chewable tablet that anyone can use to clean their teeth. The company was co-founded by Vishar Yaghoubian, an emerging entrepreneurial star… -
Technology
Cohere Joins Forces with Thales Canada to Advance Defence-Focused AI
Cohere Inc. (“Cohere”), a Toronto company focused on developing enterprise AI, announced its partnership with Thales Canada Inc. (“Thales”). Thales is a leader in advanced defence and digital… -
Technology
Canada’s C$358 Million Defence Supply Chain Initiative Signals a Shift Toward Strategic Resilience
The federal government’s newly announced C$358 million initiative to strengthen Canada’s defence supply chain represents a decisive step toward fortifying the country’s sovereign and military… -
Technology
NASA’s Perseverance Rover Detects Evidence of Lightning on Mars
Scientists have detected what they believe are crackles of lightning on Mars. NASA’s Perseverance rover, which landed on Mars in February 2021, carries a microphone that picked up pops of small…