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Home»Blog»Sumeru Equity Partners Invests $330 Million in JobNimbus
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Sumeru Equity Partners Invests $330 Million in JobNimbus

Roofers HelperBy Roofers HelperNovember 14, 2024Updated:November 27, 20242 Mins Read
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LEHI, Utah – JobNimbus, a leading software provider in the roofing industry, announced today a $330 million growth investment from Sumeru Equity Partners (“Sumeru”). Existing investors, including founder and CEO Ben Hodson, co-founders Nick and Jason Wood, and Mainsail Partners, will continue as stakeholders in the company. This strategic investment will enable JobNimbus to scale operations, enhance product offerings, and further its mission to revolutionize contractor technology.

“This investment marks an important milestone for JobNimbus and speaks to the dedication of our exceptional team,” said Ben Hodson, CEO of JobNimbus. “Partnering with Sumeru brings the expertise we need to grow and advance our mission of empowering contractors with cutting-edge technology. With this funding, we’ll continue to innovate and ensure that contractors have the tools they need to succeed.”

Sumeru Co-Founder and Managing Director Jason Babcoke, who will join the JobNimbus board of directors, shared his enthusiasm: “JobNimbus stands out in the contractor tech space, combining aggressive product innovation with a mission-driven approach. We’re excited to support JobNimbus in scaling the platform and driving its impact as a leader in the industry.”

Also joining the board 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 as JobNimbus embarks on this next chapter.

Vinay Kashyap, Partner at Mainsail Partners, reflected on their partnership with JobNimbus: “We’re proud of what we’ve accomplished together, from expanding the product suite to completing strategic acquisitions. JobNimbus has consistently delivered on its mission to support roofing and residential contractors in being heroes to their customers. We’re thrilled to partner with Sumeru to continue fueling JobNimbus’ growth in the roofing industry.”

JobNimbus offers contractors an all-in-one software platform that simplifies key business functions like creating quotes, ordering materials, and managing projects. By streamlining these tasks, JobNimbus empowers contractors to focus on growing their businesses and improving efficiency.

With this new investment, JobNimbus will accelerate product development, invest in AI-driven features, and expand its team to support increasing demand across the roofing industry. Key growth areas include engineering, product development, and customer support to ensure JobNimbus remains a transformative force for contractors nationwide.

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Roofers Helper

Rich Prue is the founder of The Roofer’s Helper, a leading resource for roofing contractors and homeowners seeking expert advice on roofing industry trends, business tips, and home maintenance. With years of hands-on experience as a second-generation roofer, Rich brings practical knowledge and insider insights to help roofing professionals start and grow their businesses and serve clients effectively. The Roofer's Helper platform reaches close to 1 million followers on social media, offering both educational and entertaining content, business resources, marketing tips, and product recommendations to roofing professionals and homeowners alike.

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