Jobox.ai Raises $42 Million in Series B  

by Kay Aloha Villamor in April 13th, 2022

Jobox.ai, a Palo Alto, CA-based provider of home service marketplaces with an AI-based infrastructure to directly connect their customers with skilled trades professionals, raised $42 million in Series B funding.

The round was led by General Catalyst, with participation from new and existing investors including Resolute VC, NNS, Expanding Capital, and Joey Low.

The company, which is officially coming out of stealth mode, will use the funds to expand its platform to serve new markets and professions, and develop new features to help pros operate and grow their business all in one mobile application.

Company: Jobox, Inc.

Raised: $42.0M

Round: Series B

Funding Month: April 2022

Lead Investors: General Catalyst

Additional Investors: Resolute VC, NNS, Expanding Capital, and Joey Low

Company Website: https://www.jobox.ai/

Software Category: AI-based Infrastructure

About the Company: Led by CEO Shay Bloch, Jobox is an Artificial Intelligence company that focuses on streamlining day-to-day job and finance management for on-demand professionals, and connects companies with thousands of vetted home service professionals. It uses proprietary algorithms and millions of data points to match end customers with the local pro they need. Jobox is leveraging the data to assign new jobs from nationwide demand partners to a single dedicated pro in a local market and eliminates the need for the customer to choose and validate the pros themselves. The platform also serves as a primary resource for home service marketplaces looking to launch or expand home services by providing a reliable network of pros. Jobox powers business for more than 5,000 pros in 39 states across the U.S., and has processed more than $1B of transactions on its platform.


Source: https://www.finsmes.com/2022/04/jobox-ai-raises-42m-in-series-b-funding.html



 



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