Field service management software firm Joblogic has secured £60 million growth funding to expand globally.
The Birmingham company secured the investment from Axiom Equity, a B2B SaaS growth equity fund. Co-founders James Whatmore (CEO) and Yacoob Moolla (COO) will remain majority shareholders.
The investment will also enable Joblogic to accelerate product innovation and continue to support thousands of existing customers in the UK, US and Australia.
With global offices and over 200 employees, Joblogic’s suite of products includes job scheduling, asset management, CRM, live tracking, mobile apps, quotations and business intelligence.
“We are proud of what we have achieved to date and are excited to partner with Axiom and their operating advisers on the next phase of our growth journey. With their support, Joblogic is poised to become one of the global leading field service management software companies,” said Whatmore.
Jonathan Organ of Axiom Equity added: “We were immediately impressed when we met the Joblogic team and saw the product. We knew that we wanted to back James and Yacoob with more than just capital and cannot wait to see what the team will achieve with some extra firepower at their disposal.”