Joblogic Receives £60m Investment from Axiom Equity

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• Joblogic Receives £60m Investment from Axiom Equity

22 March 2023

Cloud-based field service management software company Joblogic has announced a major investment from Axiom Equity.

The investment is in the region of £60 million and will fund Joblogic's international growth and product innovation.

With customers that include e-on, AXA, Thematic and Linaker, Joblogic offers field service management solutions that are designed to streamline workflows, improve customer service and increase profitability in the service and maintenance industry. The company's suite of products includes job scheduling, asset monitoring, CRM, live tracking, mobile apps, quotations, and business intelligence. Joblogic employs more than 200 people and is headquartered in Birmingham, UK.

"We are proud of what we have achieved to date and are excited to partner with Axiom and its operating advisers on the next phase of our growth journey," said James Whatmore, CEO of Joblogic. "With its support, Joblogic is poised to become one of the world’s leading field service management software companies."

The company will continue to be led by co-founders James Whatmore (CEO) and Yacoob Moolla (COO), who together retain the majority shareholding in the company. Axiom will join the Joblogic board in a non-executive capacity.

The deal process was managed by Alantra and supported by Fieldfisher, Ashurst, Probitas Partners, Debretts, Fairgrove, Crosslake, and James Cowper Kreston.

Picture: a photograph of an operative working at a sink with a smartphone in one hand and a tool in another. The person is wearing overalls. Image Credit: Joblogic

Article written by Ella Tansley | Published 22 March 2023

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