How Much Did Fullbay Raise?
Funding & Key Investors

Fullbay, a provider of cloud-based shop management software, has secured significant enterprise-level funding, with the total capital raised standing at $23M. The company recently announced a major strategic investment of $23M, underscoring its growth trajectory and market position in the heavy-duty repair sector. This latest financing round is expected to fuel further expansion and product development for the Phoenix, Arizona-based firm.

What is Fullbay?

Fullbay
SoftwareEnterprise Resource Planning (ERP)

Founded in 2014, Fullbay offers a comprehensive cloud-based management solution tailored for heavy-duty repair shops. Its software is designed to enhance operational efficiency, enabling shop owners and technicians to streamline workflows, reduce downtime, and improve overall productivity. By providing tools that simplify shop management, Fullbay empowers businesses to operate more effectively and achieve a better work-life balance for their staff. The company's focus on the specific needs of the heavy-duty repair industry positions it as a key player in this niche market.

How much funding has Fullbay raised?

Fullbay has raised a total of $23M across 1 funding round:

2019

Private Equity

$23M

Private Equity (2019): $23M with participation from Mainsail Partners

Key Investors in Fullbay

Mainsail Partners

Mainsail Partners is a growth equity firm specializing in investing in bootstrapped B2B software and AI-enabled companies, dedicated to helping founders scale their businesses and become market leaders through expertise in talent development and operational strategies.

What's next for Fullbay?

With the recent infusion of major strategic capital, Fullbay is poised for accelerated growth and market penetration. This significant investment, totaling $23M with a recent strategic component of $23M, will likely be directed towards enhancing its software capabilities, expanding its customer base, and potentially exploring new service offerings. The company's established presence in the heavy-duty repair sector, combined with this substantial backing, suggests a strategic push to solidify its leadership position and further innovate within the shop management software landscape.

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Frequently Asked Questions Regarding Fullbay Financial Insights

What are the most recent funding rounds that Fullbay has completed, and what were the funding rounds?
Fullbay has recently completed 1 funding rounds: Private Equity on May 21, 2019.
What is the total amount of funding Fullbay has raised to date?
Fullbay has raised a total of $23M in funding to date.
How many funding rounds has Fullbay completed?
Fullbay has completed 1 funding rounds.
How much funding did Fullbay raise in its most recent funding round?
Fullbay raised $23M in its most recent funding round.
Who are the lead investors in Fullbay's latest funding round?
The lead investor in Fullbay's latest funding round was Mainsail Partners. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Fullbay's history?
The largest funding round in Fullbay's history was $23M.
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