Jobber Raises $100 Million USD in Recent Funding Round
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.
Author: Max Borins, 2022/2023 Articling Student-at-Law
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