Roofing Technology

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Sumeru Equity Partners, a private equity firm, has invested $330M in JobNimbus, the Lehi, Utah-based SaaS for roofing contractors, to expand operations and product offerings; the founders and original investor Mainsail Partners will retain equity.

RAFTR Roofing + Exteriors has partnered with fintech company GreenSky to streamline roof repair financing, enhancing customer access to “frictionless” payment options and accelerating sales and cash flow. 

Daniel Drohan of Microsol Resources says Building Information Modeling, or BIM technology, is revolutionizing construction by improving design accuracy, streamlining roof maintenance, reducing costs by up to 52%, and driving industry-wide efficiency.

The new partnership aims to provide ABC contractor members with the tools and insights to improve project outcomes and maximize profitability.

CertainTeed and Renovate Robotics have partnered to pilot a roofing robot that automates asphalt shingle installation, aiming to enhance safety and efficiency.

Fintech firm SquareDash has partnered with iink Payments to streamline insurance claim payments so that contractors can receive funds within 24-48 hours through digital check endorsements and cash flow acceleration.

The Associated Builders and Contractors' fourth annual Construction Technology Report explores AI's impact on the construction industry; insights include a case study and resource guide to improve safety, quality, and profitability.

Owens Corning is looking to help contractors save money and time on training employees with a new virtual reality training program.

RAFTR Roofing + Exteriors has partnered with Westhill to streamline homeowners' roofing insurance claims by offering a digital platform to connect contractors and track work, simplifying the process.

ServiceTitan, the SaaS enterprise tool for trade companies, unveiled AI-powered upgrades at its annual conference, Pantheon 2024, in Orlando, Fla. Updates include a virtual assistant and sales tools designed to help contractors optimize business operations and improve customer service.