Jobber Secures $8 Million to Accelerate Mobile Development
Series A enables service business software maker to enhance mobile apps for workers.
Edmonton, AB – November 16, 2015 — Jobber, the cloud-based software company that helps home and mobile service businesses become more efficient and profitable, announced today it has secured a $8 million CAD Series A round of financing led by OMERS Ventures, with participation from existing investors, Version One Ventures and Point Nine Capital.
Professional home and mobile service businesses often rely on outdated, inefficient paper- based processes to run company operations. The volume of information that must be managed in delivering these services to customers is vast, and managing this information manually often leads to miscommunication, scheduling errors, and poor receivables management. Jobber’s software solves this problem, helping businesses get organized through mobile apps, schedul- ing tools, online invoicing, and simple customer management tools. Since inception in 2011, more than three and a half million customers have been serviced by businesses using Jobber, with invoices totaling over $1 billion.
The new funding round led by OMERS Ventures creates significant opportunities for Jobber to continue to commercialize its product offering and further enhance its mobile applications. Workers in the field are underutilizing technology in service delivery, and represent a significant opportunity for efficiency gains. Powerful and easy to use mobile applications will be key to the next generation of successful service businesses.
“Jobber has developed an impressive workflow management solution to solve critical challenges faced by many businesses today – challenges that often result in significant productivity and revenue loss,” said Jim Orlando, Managing Director, OMERS Ventures. “We believe Jobber’s platform has the ability to add tremendous value and opportunity for companies in the home and mobile service market. This is also our first investment in the Venture space in the province of Alberta, and we are thrilled to grow our portfolio geographically, in an area ripe with talented and innovative technology companies.”
“We are really excited about the impact that Jobber is having on our customers’ businesses, and the potential to help transform the home and mobile service market,” said Sam Pillar, CEO and Founder of Jobber. “We have already made significant progress in bringing business technology to these industries, and we’re just getting started. OMERS Ventures is an incredibly strong and strategic partner as we enter into the next phase of development, and provides the capital needed to build next generation mobile experiences for field workers.”
About OMERS Ventures
OMERS Ventures (Twitter: @OMERSVentures) is the venture capital investment arm of OMERS, one of Canada’s largest pension funds with $72 billion in net assets. OMERS Ventures is looking for successful companies with significant growth potential and market opportunities. We are seeking like-minded partners with a shared vision of building a vibrant and successful knowledge economy. www.omersventures.com
Jobber’s cloud-based software helps service businesses get organized. Complete with mobile apps, powerful scheduling, online invoicing, and simple customer management, Jobber is the easiest way to run a service business. Since inception in 2011, more than three and a half mil- lion customers have been serviced by businesses using Jobber, with invoices totaling over $1 billion. For more information, visit www.getjobber.com (Twitter: @GetJobber)
Email: [email protected]