Roofr, USA’s Roofing Tech Startup, Secures $23.5 Million in Funding

In a recent development for the roofing industry, San Francisco-based startup Roofr has raised a substantial $23.5 million in funding. The financing round was spearheaded by Vertical Venture Partners, with key contributions from prominent industry players like ABC Supply Co, Bullpen Capital, Interplay Ventures, i2BF, SVB, Ace & Company, MGFO, and Podemsky Ventures.

Roofr’s mission is to revolutionize the roofing sector through cutting-edge technology and innovation, and this funding injection is set to propel them even further in that direction. Co-founded by Kevin Redman, the company’s CTO, and Richard Nelson, its CEO, Roofr has already made a significant impact on the roofing landscape.

Roofr offers a comprehensive suite of services that includes precise roof measurements, personalized proposals, instant cost estimates, and an innovative Customer Relationship Management (CRM) system. In addition to these features, the company has exciting plans for further expansion, with Payment Processing and Material Purchasing tools slated for imminent release.

This recent funding will be crucial in expediting the development and rollout of these new roofing solutions. Roofr’s new CRM, boasting job management capabilities such as Workflows, Tasks, Job Boards, and an Analytics Dashboard, has already been launched, greatly streamlining project organization and customer communication.

Furthermore, the company is set to enhance existing tools such as Roofr Measurement Reports and Proposals, responding to valuable feedback from roofing professionals and addressing their unique pain points. By the end of 2023, Roofr will introduce Payment Processing, Material Purchasing, and Customer Communications features. These additions will enable roofers to effortlessly accept payments, offer financing options, send invoices, and integrate seamlessly with accounting software.

With this latest infusion of capital and Roofr’s commitment to enhancing the roofing industry, the future looks bright for roofers seeking to streamline their businesses and secure more projects. Roofr’s innovative approach is set to continue reshaping the roofing landscape, making it easier and more efficient for professionals to thrive in this competitive market.