JobNimbus, a Lehi, UT-based SaaS provider for the roofing industry, received a $330M investment from Summer Equity Partners.
The company intends to use the funds to help accelerate product development, invest in AI-driven features, and scale the team to support demand from customers across the roofing industry. It also plans to expand its operations with a focus on key roles in engineering, product development, and customer support.
JobNimbus provides contractors with software that helps streamline their business operations, quickly create quotes, order materials, and manage projects, all from a single solution.
Jason Babcoke, Sumeru Co-Founder and Managing Director, will join the JobNimbus board of directors as part of the investment. Also joining the JobNimbus board of directors from Sumeru are Chris Litster, Paul Mercadante, Jack McCabe, and Blake Shott. Vinay Kashyap and KC Kanoff from Mainsail Partners will remain on the board. Existing investors including founder and CEO Ben Hodson, other co-founders Nick and Jason Wood, and Mainsail Partners will continue as investors in the business.
FinSMEs
13/11/2024