Jobber\u0027s \u0027clean deal\u0027 financing round comes amid one of the toughest environments for venture capital funding. Find out more.
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Pillar described the segment as “devastatingly underserved by technology,” with many still tracking jobs and customers with coil-bound notebooks and post-it notes. such Facebook Inc., Uber Technologies Inc., Airbnb Inc. and China’s e-commerce giant Alibaba Group Holding Ltd., led the series D financing round.Article content
Pillar said the in-demand nature of the home services that are the backbone of Jobber’s business model — where job opportunities often outstrip the availability of workers to do them — gave the company’s board and founders the confidence to set out to raise fresh capital late last year as market conditions deteriorated.Article content
“Relative to a lot of companies out there, a lot of venture-backed companies, we’re at a very strong position…. The businesses in this category are doing well despite the macroeconomic uncertainty.”Article content
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