How Much Did Roofr Raise?
Funding & Key Investors

Roofr, a prominent player in the construction technology sector, has successfully secured significant capital to accelerate its market expansion. The company has reached a total funding milestone of $43.8M, bolstered by a recent injection of $0. This major enterprise-level funding underscores the growing investor confidence in Roofr's mission to digitize the roofing industry through its comprehensive sales and management platform.

The company's trajectory from its early seed stages to its current position as a scaling enterprise reflects a consistent ability to attract high-caliber institutional backing. By leveraging these financial resources, Roofr continues to refine its suite of tools, which are designed to streamline operations for contractors across North America.

What is Roofr?

Roofr
SoftwareEnterprise Resource Planning (ERP)Customer Engagement Platforms

Founded in 2016 and headquartered in Toronto, Roofr operates as a specialized SaaS platform tailored specifically for roofing contractors. The company serves as an all-in-one sales toolbox, addressing the unique operational challenges faced by professionals in the roofing trade. By integrating aerial imagery for precise measurement reports, automated estimate generation, and digital proposal workflows, Roofr enables contractors to significantly reduce administrative overhead and improve closing rates.

The platform's value proposition lies in its industry-specific design, created by a third-generation roofer to solve real-world pain points. As the construction industry undergoes a broader digital transformation, Roofr has positioned itself as a critical infrastructure provider, helping small-to-medium enterprises modernize their sales processes and scale their businesses effectively.

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 Interplay, Vertical Venture Partners, K5 Global, Bullpen Capital, and Crosslink Capital

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 that have identified a special 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.

Crosslink Capital

Crosslink Capital is an investment firm that partners with ambitious early-stage founders to build category-defining companies with a focus on seed and Series A investments.

What's next for Roofr?

With the recent infusion of capital, Roofr is well-positioned to deepen its product capabilities and expand its footprint within the competitive construction software market. The strategic focus will likely center on enhancing its proprietary measurement technology and scaling its customer acquisition efforts to capture a larger share of the roofing contractor market.

The involvement of specialized venture firms and industry-aligned investors suggests a roadmap focused on long-term sustainability and market dominance. As Roofr continues to iterate on its platform, the company is expected to prioritize feature sets that drive efficiency and revenue growth for its users, further cementing its status as a leader in the vertical SaaS space.

See full Roofr company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Software industry

Healthcare SoftwareSoftware
Database & File Management SoftwareSoftwareBusiness Intelligence (BI) Software
SoftwareSupply Chain Management (SCM) SoftwareNetworking Software
SoftwareSupply Chain Management (SCM) Software

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.
See more information about Roofr