CompanyCam, the Lincoln, Neb. -based documentation and communication app for roofing contractors, secured $6 million in Series A funding from Blueprint Equity, a growth equity fund based in San Diego, Calif.
This investment comes as CompanyCam celebrates its fifth year in business. With a solid and loyal user base, the construction-minded app will use the funds to accelerate its rapid growth, expand functionality, and grow its in-house and remote teams to meet consumer demands for additional features, said Founder and CEO Luke Hansen.
The news of this Series A investment accompanies another major announcement from CompanyCam — the app is now completely free for small companies — up to three users and fifty saved projects. Not only has CompanyCam released a free version of their product, they’ve also rolled out CompanyCam Pro. For $19/user per month, companies on CompanyCam Pro can have unlimited users and projects, as well as access to unlimited video capture and integration plug-ins for industry CRMs, invoicing software, and more.
“Letting customers use CompanyCam for free is key to our long-term vision of being the best way for contractors to work together in capturing field data and putting it to work,” said COO Levi Nelson. “It lowers the barrier for potential customers to see the value of CompanyCam and also paves the way for exciting collaborative enhancements to come.”
“We are very excited to be partners with CompanyCam,” said Bobby Ocampo, Managing Partner of Blueprint Equity. “The construction space — particularly the businesses CompanyCam serves — is massive yet highly fragmented; CompanyCam has grown tremendously serving small to medium-sized customers that have traditionally been underserved.”