# Octopusapp

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/octopusapp

- Industry: Software
- Headquarters: Edmonton, Canada
- Website: www.getjobber.com
- Total disclosed funding: $167M
- Latest round: Series D (Feb 7, 2023)
- Investors on record: 6

## About

Octopusapp, Inc. is a Canadian software company that specializes in providing integrated solutions for service professionals in various industries, enhancing their operational efficiency and client management.Founded in 2011 in Edmonton, Canada, Octopusapp, Inc. offers software solutions tailored for home and commercial service professionals. The company was established by Forrest Zeisler and Sam Pillar. As of February 2023, Octopusapp raised USD 100 mn in a Series D funding round led by General Atlantic, with participation from Summit Partners, Tech Pioneers Fund, and Version One Ventures. The company has successfully completed a total of 7 deals to date.Jobber provides a comprehensive suite of software solutions designed specifically for home and commercial service professionals. Its core offerings include tools for quoting, scheduling, invoicing, and payment processing, all integrated into a single platform to streamline operations. These products enable service providers to manage workflows efficiently, facilitating tasks such as job scheduling, client communications, and financial tracking. Jobber primarily serves industries such as landscaping, plumbing, HVAC, and cleaning, boasting a diverse client base of over 300,000 service professionals across North America. The software is accessible in various geographical markets, with notable presence in the United States and Canada.Jobber generates revenue primarily through a subscription-based model, offering tiered pricing plans that cater to the varying needs of service professionals. Clients typically engage with the platform by choosing a subscription plan that aligns with their business size and operational requirements. The pricing structure includes options for additional features, such as premium support and enhanced marketing tools. Users pay monthly or annually for access to the software, and this direct-to-consumer approach facilitates effective management of their operations while providing seamless access to Jobber's functionalities. Key offerings include automated invoicing, real-time expense tracking, and marketing tools, which are essential for driving revenue growth for users.In February 2023, Octopusapp, Inc. secured USD 100 mn in Series D funding, which will be utilized to further enhance research and development, expand sales and marketing efforts, and acquire new customers. The company is focused on launching new products aimed at improving service management capabilities. Additionally, Octopusapp plans to expand its market presence in specific regions across North America by targeting growth initiatives through the end of 2023.

## Funding rounds

- Series D, Feb 7, 2023, $100M — Summit Partners, General Atlantic, Version One Ventures, Tech Pioneers Fund
- Series C, Jan 12, 2021, $60M — Summit Partners, OMERS Ventures, Version One Ventures, Tech Pioneers Fund
- Series A, Nov 16, 2015, $6M — OMERS Ventures, Point Nine, Version One Ventures
- Seed, May 1, 2014, $1M — Point Nine, Version One Ventures
- Seed, Jan 1, 2012, $0.3M — Point Nine, Version One Ventures

## Investors

- Point Nine (https://capitalatlas.ai/funds/point-nine) — Seed, Series A
- Version One Ventures (https://capitalatlas.ai/funds/version-one-ventures) — Seed, Series A, Series C, Series D
- OMERS Ventures (https://capitalatlas.ai/funds/omers-ventures) — Series A, Series C
- Summit Partners (https://capitalatlas.ai/funds/summit-partners) — Series C, Series D
- Tech Pioneers Fund (https://capitalatlas.ai/funds/tech-pioneers-fund) — Series C, Series D
- General Atlantic (https://capitalatlas.ai/funds/general-atlantic) — Series D