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- JobNimbus
JobNimbus Funding, Investors & Competitors
JobNimbus has raised $383M across 2 funding rounds, most recently a $330M undisclosed-stage round in November 2024.
Last JobNimbus funding round
$330M
Undisclosed stage · Nov 2024
Cumulative funding JobNimbus raised
$383M
across 2 funding rounds
Key investors in JobNimbus
Mainsail Partners
Sumeru Equity Partners
About JobNimbus
JobNimbus is a software platform for roofing and contracting businesses headquartered in Lehi, Utah. Founded in 2011, it combines CRM, project management, payment processing, and automation tools into a single system. Contractors use it to manage leads, track projects, and integrate with QuickBooks for financial operations across the United States.
Founded
2011
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
JobNimbus Funding History
JobNimbus has raised a total of $383M across 2 funding rounds.
JobNimbus' first fundraising round was a $53M undisclosed-stage round in January 2021. The most recent completed round was a $330M undisclosed-stage round in November 2024.
JobNimbus funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Nov 2024 | Undisclosed stage | Sumeru Equity Partners (lead) | $330M | JobNimbus is a Lehi, Utah-based SaaS provider offering enterprise technology tailored for the roofing and residential contractor industries, focusing on transforming contractor operations through product innovation. On November 13, 2024, the company announced a $330 million growth investment from Sumeru Equity Partners, described as a control investment, with existing investors including founders Ben Hodson, Nick Wood, Jason Wood, and Mainsail Partners retaining their stakes. Sumeru co-founder Jason Babcoke and other Sumeru representatives will join the JobNimbus board alongside Mainsail's Vinay Kashyap and KC Kanoff. The funding aims to scale JobNimbus's operations, expand product offerings including AI-driven tools, enhance engineering and customer support, and solidify its leadership in roofing technology. Sumeru, which has invested over $3 billion in vertical SaaS and related sectors, selected JobNimbus for its mission-driven culture and potential to create a category leader. Mainsail Partners highlighted their prior collaboration, including product expansion, customer growth, and three strategic acquisitions over four years. This investment positions JobNimbus to address growing demand in the contractor space, modernizing an underserved industry. |
| Jan 2021 | Undisclosed stage | Mainsail Partners (lead) | $53M | JobNimbus is a Lehi, Utah-based SaaS company providing core business management software for home services contractors, particularly in roofing and residential sectors, helping them streamline operations and serve customers effectively. On January 13, 2021, it received a $53 million growth investment from Mainsail Partners, a San Francisco-based growth equity firm, with Mainsail principals joining the board. The funding aimed to advance the core platform, expand product and support teams, hire around 100 employees in 2021 focusing on product development and customer support, and drive customer growth amid rising home improvement demand. Prior to the investment, JobNimbus had more than doubled its customers and employees in 2020, with projections to double in size again in 2021, reflecting strong execution in a durable market for contractor software. Co-founder and CEO Ben Hodson emphasized using the capital to innovate user experience, enhance support, and fulfill the mission of making contractors 'heroes' to their customers. COO Aaron Shelly highlighted product development, team growth, and customer service improvements as key outcomes. Mainsail Partners, experienced in scaling software companies since 2003 with investments in over 50 firms, saw JobNimbus as a fit due to its management team's track record and market potential, committing to deliver greater value through quality products and service. This partnership built on JobNimbus' momentum, with headquarters expansion in Lehi, Utah, to accommodate new talent. Subsequent developments include a 2024 recapitalization and $330 million growth investment from Sumeru Equity Partners, with Mainsail continuing as an investor, plus acquisitions like SumoQuote. |
Who has invested in JobNimbus?
2 investors have backed JobNimbus across its funding rounds, including Mainsail Partners and Sumeru Equity Partners.
Lead investors include Sumeru Equity Partners and Mainsail Partners.
JobNimbus Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 2 JobNimbus investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by JobNimbus
JobNimbus has acquired 2 companies to date.
Last acquisition by JobNimbus was on January 29th 2024. JobNimbus acquired SumoQuote for undisclosed valuation.
Latest Acquisitions by JobNimbus
| Description | - | Roofer Marketers is a digital agency providing pay-per-click advertising, search engine optimization, website design, social media campaigns, and lead generation exclusively for roofing contractors. The firm optimizes online presence to attract qualified leads through targeted Google Ads and local SEO strategies. |
| HQ Country | ||
| HQ City | - | Minneapolis, MN |
| Deal Date | 29 Jan 2024 | 10 Apr 2023 |
| Valuation | undisclosed | undisclosed |
| EV/Revenue | ||
| EV/EBITDA | ||
This data is available for Pro users. Sign up to see all JobNimbus acquisitions and their M&A valuation multiples. Start Free Trial | ||
JobNimbus Competitors
JobNimbus competitors include listed companies like Constellation Software and SS&C Technologies, and private ones like Andpad, PermitFlow, Sitemate and Rippling.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $537M | - | ||
| Private | - | - | $500M | - | ||
| Private | - | - | $200M | - | ||
| Publicly listed | $12B | $2.5B | $43B | 3.5x | ||
| Publicly listed | $6.3B | $2.1B | $19B | 3.9x | ||
| Private | $570M | - | $17B | 29.5x |
JobNimbus Public Comps
JobNimbus is still privately-owned, but its public comps include Constellation Software, SS&C Technologies, Topicus, Intapp, RWS Holdings, CS Disco, Hibino, Xp Industrial FII, GetBusy and Valtes Holdings.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $12B | $2.5B | 4.0x | 3.5x | 18.5x | 12.9x | |||
| $6.3B | $2.1B | 4.2x | 3.9x | 12.4x | 10.0x | |||
| $1.8B | $393M | 3.4x | 3.0x | 15.3x | 10.6x | |||
| $578M | ($16M) | 4.6x | 4.5x | (164.3x) | 20.9x | |||
| $927M | ($26M) | 0.7x | 0.7x | (27.2x) | 4.8x | |||
| $157M | ($44M) | 1.1x | 1.0x | (4.0x) | (22.1x) | |||
| $435M | $60M | 0.6x | 0.6x | 4.3x | - | |||
| $9M | - | 10.0x | - | - | - | |||
This data is available for Pro users. Sign up to see all JobNimbus competitors and their valuation data. Start Free Trial | ||||||||
Common questions about JobNimbus
| When was JobNimbus founded? | JobNimbus was founded in 2011. |
| Where is JobNimbus headquartered? | JobNimbus is headquartered in Salt Lake City, UT, United States. |
| Is JobNimbus publicly listed? | No, JobNimbus is a private, VC-backed company. |
| How much funding has JobNimbus raised? | JobNimbus has raised $383M across 2 funding rounds. |
| What was JobNimbus' last funding round? | JobNimbus' last funding round was a $330M undisclosed-stage round in November 2024, led by Sumeru Equity Partners. |
| Who are JobNimbus' investors? | JobNimbus' investors include Sumeru Equity Partners and Mainsail Partners. |
| Which companies are comparable to JobNimbus? | Companies comparable to JobNimbus include Andpad, PermitFlow, Sitemate, Constellation Software, SS&C Technologies and Rippling. |
| How many companies has JobNimbus acquired? | JobNimbus has acquired 2 companies, including SumoQuote and Roofer Marketers. |
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