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Roofr Closes $4 25M Post-Seed Funding

Roofr Closes Post-Seed Round Led by Bullpen Capital, Adding $4 25 Million for a Total of $8 25 Million in Funding to Build Out a SaaS Platform for Roofers, by Roofers

Share this article Share this article SAN FRANCISCO, May 18, 2021 /PRNewswire/  Roofr, the all-in-one sales platform for roofing contractors, today announced the company successfully closed of a $4.25 million post-seed round, led by Bullpen Capital, with participation from Avidbank and Crosslink Capital. This investment will bring their total amount raised to $8.25 million since the company was admitted to Y Combinator in 2017. The round comes on the heels of a product evolution that is generating intense interest in the roofing industry. Kevin Redman, CTO and Richard Nelson, CEO, Co-founders of Roofr. The focus on a SaaS platform for roofers marks an exciting shift in company strategy, as it builds services for businesses, on top of being a marketplace for consumers to find roofing services. When founder Richard Nelson, a third-generation roofer, set out to create a marketplace, he quickly intuited that an essential piece of the puzzle was missing: simple and powerful SaaS sof

Microsoft Acquires Nuance, Arc XP Adds eCommerce Offering and More News

Microsoft Acquires Nuance, Arc XP Adds eCommerce Offering and More News PHOTO: Adobe In a strategic move that elevates its existing partnership with Nuance, Microsoft will acquire the cloud and AI software provider for $56 a share in a transaction that will complete by the end of this calendar year. Nuance is a provider of conversational AI and cloud-based ambient clinical intelligence for healthcare providers. Nuance’s products include the Dragon Ambient eXperience, Dragon Medical One and PowerScribe One for radiology reporting, all clinical speech recognition SaaS offerings built on Microsoft Azure. Nuance solutions are currently used by more than 55% of physicians and 75% of radiologists in the U.S., and used in 77% of U.S. hospitals. Nuance’s Healthcare Cloud revenue experienced 37% year-over-year growth in Nuance’s fiscal year 2020 (which ended September 2020).

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