Sumeru Equity Partners Invests $330 Million in JobNimbus

Sumeru, JobNimbus co-founders, and Mainsail Partners are betting JobNimbus will be the game-changer that empowers contractors to serve their customers better

Sumeru Equity Partners has invested $330 million in JobNimbus.

Christmas came early for SaaS provider JobNimbus after it was announced the company would receive a $330 million capital infusion from private equity group Sumeru Equity Partners.

— Image courtesy of JobNimbus

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The funding will help JobNimbus scale its operations and expand product offerings.
Jason Babcoke, co-founder and managing director of Sumeru, will join the JobNimbus board of directors as part of the investment.
Sumeru invests in tech companies throughout North America and Europe.

Sumeru Equity Partners, a private equity fund that has invested over $3 billion in sectors including vertical SaaS, has invested $330 million in JobNimbus, the Lehi, Utah-based SaaS provider of enterprise technology for the roofing industry. Terms were not disclosed.

Founder and CEO Ben Hodson, co-founders Nick and Jason Wood, and existing backer Mainsail Partners will all maintain their equity stakes in the business. According to a Nov. 13 news release, the capital infusion will allow JobNimbus to scale its operations, expand product offerings, and continue its mission to transform the contractor technology space.

“JobNimbus is a unique company, transforming the day-to-day lives of contractors through aggressive product innovation and a mission-driven culture,” said Jason Babcoke, Sumeru co-founder and managing director, who will join the JobNimbus board of directors as part of the investment.

Chris Litster, Paul Mercadante, Jack McCabe and Blake Shott from Sumeru will also join the JobNimbus board of directors; Vinay Kashyap and KC Kanoff from Mainsail Partners will retain their board seats.

“We chose Sumeru as our partner because of their expertise in scaling high-growth companies, and with this funding, we’ll continue to double down on our commitment to making contractors heroes, helping them drive their businesses forward with advanced technology.”

JobNimbus provides contractors with all-in-one software that helps streamline their business operations. Contractors can create quotes, order materials, and manage projects from a single, user-friendly platform.

“There’s a lot to be proud of from the last four years of our partnership with JobNimbus, from working together to expand the product suite and customer base, to completing three strategic acquisitions,” said Vinay Kashyap, partner at Mainsail Partners.

“Most importantly, JobNimbus has delivered on its mission to help roofing and residential contractors become heroes to their customers,” Kashyap continued. “We welcome the opportunity to partner with the Sumeru and JobNimbus teams to help drive the company’s continued growth and impact on the roofing industry.”

JobNimbus said the funding will help accelerate product development, invest in AI-driven features, and scale the team to support growing customer demand across the roofing industry. The company plans to expand significantly, focusing on key roles in engineering, product development, and customer support.

For more information, visit jobnimbus.com.