How Much Did Roofr Raise?
Funding & Key Investors

Roofr, the Toronto-based SaaS innovator, has successfully secured significant capital to accelerate its mission of digitizing the roofing industry. With a cumulative capital infusion reaching $43.8M, the company continues to demonstrate robust market traction. The most recent financing round, totaling $0, underscores investor confidence in the platform's ability to streamline operations for contractors through advanced aerial measurement and sales automation tools.

This latest injection of investment positions Roofr to further scale its enterprise-level software suite, reinforcing its status as a critical infrastructure provider for the construction sector. By leveraging this backing, the company is well-equipped to expand its footprint and enhance its proprietary technology stack.

What is Roofr?

Roofr
SoftwareEnterprise Resource Planning (ERP)Customer Engagement Platforms

Founded in 2016 by a third-generation roofer, Roofr operates as an all-in-one sales toolbox designed specifically for roofing contractors. The platform addresses long-standing inefficiencies in the construction trade by integrating aerial imagery, automated estimation, and digital proposal management into a single, cohesive workflow. By enabling contractors to generate accurate reports and secure e-signatures in minutes, Roofr effectively bridges the gap between traditional manual labor and modern digital transformation.

The company occupies a unique position in the ConTech landscape, focusing on vertical-specific software that drives tangible ROI for small-to-medium enterprises. Its market position is bolstered by a deep understanding of the roofing lifecycle, allowing it to provide high-value features that directly impact the bottom line of its users.

How much funding has Roofr raised?

Roofr has raised a total of $43.8M across 4 funding rounds:

2019

Angel/Seed

$4M

2021

Other Financing Round

$4.3M

2022

Series A

$12M

2023

Other Financing Round

$23.5M

Angel/Seed (2019): $4M, investors not publicly disclosed

Other Financing Round (2021): $4.3M led by Avidbank, Bullpen Capital, and Crosslink Capital

Series A (2022): $12M supported by Vertical Venture Partners, Interplay, Crosslink Capital, Bullpen Capital, and K5 Global

Other Financing Round (2023): $23.5M featuring Bullpen Capital, ABC Supply, and Vertical Venture Partners

Key Investors in Roofr

Bullpen Capital

Bullpen Capital is a venture capital fund that specializes in investing post-seed capital into early-stage companies, focusing on businesses that have identified a strong product-market fit.

Vertical Venture Partners

Vertical Venture Partners is an early-stage venture capital firm that focuses on investing in enterprise technology companies targeting specific vertical markets, including the roofing and construction sectors.

Crosslink Capital

Crosslink Capital is an investment firm that partners with ambitious early-stage founders to build category-defining companies, leveraging a proprietary network to support portfolio growth.

What's next for Roofr?

Looking ahead, Roofr is poised to leverage its recent capital to deepen its market penetration and refine its product ecosystem. The strategic focus will likely center on enhancing the precision of its aerial measurement capabilities and expanding its integration network with other construction management tools. As the company transitions through its current growth phase, the emphasis remains on scaling its sales infrastructure and maintaining its competitive edge in the enterprise software market.

The continued support from institutional backers suggests a clear path toward long-term sustainability and potential market leadership. By maintaining its focus on user-centric design and operational efficiency, Roofr is well-positioned to define the next generation of digital roofing solutions.

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Frequently Asked Questions Regarding Roofr Financial Insights

What are the most recent funding rounds that Roofr has completed, and what were the funding rounds?
Roofr has recently completed 3 funding rounds: Other Financing Round on Oct 18, 2023, Series A on Sep 13, 2022, Other Financing Round on May 19, 2021.
What is the total amount of funding Roofr has raised to date?
Roofr has raised a total of $43.8M in funding to date.
How many funding rounds has Roofr completed?
Roofr has completed 3 funding rounds.
How much funding did Roofr raise in its most recent funding round?
Roofr raised $23.5M in its most recent funding round.
Who are the lead investors in Roofr's latest funding round?
The lead investor in Roofr's latest funding round was Bullpen Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Roofr's history?
The largest funding round in Roofr's history was $23.5M.
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