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Fullbay

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Shop Management Software for Heavy Duty Truck Repair

Phoenix, United StatesFounded 2012Fintech
Valuation $50–100M Last recorded · 2019
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
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About Fullbay

Fullbay operates as a specialized software-as-a-service (SaaS) provider, offering a cloud-based shop management platform tailored for the heavy-duty repair industry. The company was founded in 2013 by Jacob Findlay, who, after a career in accounting and finance at software companies like WebPT, spent a year working in a heavy-duty truck shop to understand its operational inefficiencies firsthand. This direct experience revealed significant bottlenecks, such as technicians waiting for assignments, delays in invoicing, and poor parts inventory management, which inspired the creation of Fullbay to serve this niche market.

The company's business model is centered on a subscription-based service for its platform, which is designed to be an end-to-end solution for running a repair shop. Fullbay generates revenue by charging its clients for access to its software, which integrates multiple functions to streamline operations. The target market includes independent medium to large-sized repair shops and private fleets that manage their own maintenance for heavy-duty equipment, such as trucks, agricultural machinery, and construction vehicles. The platform aims to digitize and automate processes that were traditionally handled with pen and paper.

Fullbay's core product is a comprehensive management system that allows shop owners, service managers, technicians, and office staff to manage workflows from a single, cloud-based interface accessible on any web-enabled device. Key features include service order management, electronic invoicing that integrates with accounting software like QuickBooks, and parts inventory management with automated ordering. A customer portal enables clients to approve estimates, track repair progress, and make payments online, which enhances transparency and communication. For technicians, the platform provides tools to manage assignments, track labor time, and access service guides, ultimately increasing their efficiency. In May 2025, the company announced its first AI-driven tool to simplify repair documentation for technicians.

Significant milestones for the Phoenix-based company include commercializing the product in 2015 and securing a $23 million growth investment from Mainsail Partners in May 2019 to fund product development, sales, and marketing. In November 2021, Patrick McKittrick took over as CEO to accelerate growth, with founder Jacob Findlay transitioning to the role of Executive Chairman. The company has also expanded its offerings through acquisitions, such as purchasing the digital marketing agency Dieselmatic in April 2022 to provide a fuller suite of business services to its clients.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2012
Headquarters
Phoenix, United States
Employees
194
Open positions
11
Dealroom signal
80.3/100
Industry
Fintech, Transportation
Sub-industry
Financial Management Solutions
Sector
Fintech, Automotive, Accounting, SaaS, Invoicing, Platform
Client focus
b2b
Investment activity
1 company, latest Mar 2026
Capital deployed
—
Preferred round
ACQUISITION

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GROWTH EQUITY VCEquity / VC Jul 2024 $0 — JMI Equity ↗
EARLY VC✓Equity / VC May 2019 $23M $92M Mainsail Partners —
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Growth signals

Fullbay website traffic

Latest recorded traffic for Fullbay is 880K monthly website visits, up 2.3% over the last three months. Fullbay's team grew 6.6% over the past year.

Latest monthly visits880K 3-month web change+2.3% 1-year team growth+6.6%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

  • Mainsail Partners

Series B and later1 investor entered at this stage

  • JMI Equity
Team profiled 13 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇺🇸 United States97.2%
🇨🇦 Canada2.8%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Fullbay on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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