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Data Center News > Blog > Investments > JobNimbus Receives $330M Investment from Sumeru Equity Partners
Investments

JobNimbus Receives $330M Investment from Sumeru Equity Partners

Last updated: November 13, 2024 10:15 pm
Published November 13, 2024
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JobNimbus, a Lehi, UT-based SaaS supplier for the roofing trade, acquired a $330M funding from Summer season Fairness Companions.

The corporate intends to make use of the funds to assist speed up product growth, spend money on AI-driven options, and scale the crew to help demand from clients throughout the roofing trade. It additionally plans to develop its operations with a concentrate on key roles in engineering, product growth, and buyer help.

JobNimbus supplies contractors with software program that helps streamline their enterprise operations, shortly create quotes, order supplies, and handle tasks, all from a single resolution.

Jason Babcoke, Sumeru Co-Founder and Managing Director, will be a part of the JobNimbus board of administrators as a part of the funding. Additionally becoming a member of the JobNimbus board of administrators from Sumeru are Chris Litster, Paul Mercadante, Jack McCabe, and Blake Shott. Vinay Kashyap and KC Kanoff from Mainsail Companions will stay on the board. Current traders together with founder and CEO Ben Hodson, different co-founders Nick and Jason Wooden, and Mainsail Companions will proceed as traders within the enterprise.

FinSMEs

13/11/2024

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See also  GT Medical Technologies Raises Additional $16M; Closes $53M Series D Equity Financing
TAGGED: 330M, equity, Investment, JobNimbus, Partners, receives, Sumeru
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