logo
Albi Secures Significant Series B Growth Investment in Strategic Partnership with Frontier Growth to Propel Restoration Industry Forward

Albi Secures Significant Series B Growth Investment in Strategic Partnership with Frontier Growth to Propel Restoration Industry Forward

Business Wire4 days ago
CHICAGO--(BUSINESS WIRE)-- Albi, a leading restoration management software platform purpose-built to modernize the restoration industry, today announced a significant Series B growth investment from Frontier Growth, a growth equity firm focused on partnering with founders of vertical SaaS companies. This strategic partnership will enable Albi to accelerate its mission to equip restoration contractors with the tools, insights, and innovation they need to scale and thrive.
Albi Secures Significant Series B Growth Investment in Strategic Partnership with Frontier Growth to Propel Restoration Industry Forward
Founded on the belief that restoration professionals deserve better, Albi is delivering a transformative solution to a historically underserved market. Its modern, mobile-first platform is designed to streamline job workflows, connect field and office teams, and empower contractors to run their businesses with speed, confidence, and clarity.
'Albi exists to move restoration forward,' said Alex Duta, CEO & Founder of Albi. 'This industry is filled with hard-working professionals who show up after disaster strikes—rebuilding not just homes and businesses, but lives. They deserve software built with the same intensity, integrity, and care. This funding gives us the fuel to keep delivering on that promise.'
Powering Innovation for Modern Contractors
With this investment, Albi will continue to advance its platform capabilities and accelerate product innovation in key areas, including:
Albi Core – The central operating system for restoration contractors to manage their entire business, from job intake to invoicing with real-time insights into performance, pipeline, and profitability.
Albi Mobile – A newly enhanced mobile experience that enables field crews to document, sync, and communicate in real time, creating seamless alignment between office and field operations.
Albi Pay – A financial tool that gives contractors control over how and when they collect payments, including deposits and deductibles, solving a major cash flow challenge across the industry.
Continuous Product Innovation – Albi's customer-led product team regularly delivers updates and new features grounded in real-world feedback from restoration professionals on the front lines.
Scaling Enterprise Capabilities
As Albi expands, the company is intentionally investing in capabilities to support enterprise-level, multi-location restoration firms, including large contractors, franchise networks, and aggregators.
'Albi has gained significant traction in the enterprise segment by enhancing its purpose-built platform to meet the demands of larger restorers with complex operational needs,' said Duta. 'Innovations such as advanced multi-location job management, enterprise-grade data warehousing & analytics, role-based permissions, and integrated financial workflows enable enterprise contractors to manage high job volumes with greater efficiency and control. We're excited to continue doubling down on this segment.' Two enterprise customers who recently joined the Albi platform include Guardian Restoration Partners and United Water Restoration Group, among others.
Mark Horner, COO of Guardian Restoration Partners, said, 'What impressed us about Albi was their keen sense, passion and commitment to be the leading technology platform for single service providers up to sophisticated restoration consolidators. While others offer generic solutions, Albi listens, iterates, and delivers fast – making it the only partner positioned to grow with a PE-backed operation like ours.'
Bob Moore, President of franchisor United Water Restoration Group, said, 'Albi's vision for enterprise-scale restoration software is exactly what multi-location franchisors like UWRG need. From deep financial integrations to real-time parent/child analytics, their product is evolving into the kind of platform that empowers national operators to scale efficiently.'
Strategic Partnership for Long-Term Growth
'At Frontier Growth, we invest in vertical SaaS founders who are purpose-driven and customer-obsessed,' said Dave Pandullo, Partner at Frontier Growth. 'The Albi team lives and breathes the restoration industry. With a modern end-to-end platform, deep empathy for their customers, and a clear vision to help both small and large contractors succeed, they're truly propelling the industry forward. We're thrilled to support them in this next chapter.'
Albi continues to scale rapidly, attracting talent, deepening its partner ecosystem, and leading the shift to modern software in one of the most essential yet traditionally underserved sectors of the trades.
'Restorers are the unsung heroes,' Duta concluded. 'They deserve technology that works as hard as they do. We're just getting started, and this investment is a major step forward in building the future they've long deserved.'
About Albi
Albi is an all-in-one restoration management platform built to empower contractors with modern tools that simplify workflows, connect teams, and drive profitability. Designed by restoration professionals, for restoration professionals, Albi helps businesses grow with speed, confidence, and clarity. Learn more at www.albiware.com.
About Frontier Growth
Founded in 1999, Frontier Growth is a growth equity investment firm based in Charlotte, North Carolina that specializes in partnering with founders of vertical SaaS companies to help them scale and reach new heights. By leveraging its deep experience helping growth-stage vertical SaaS companies scale to market leadership positions, Frontier provides tailored support and resources to help drive sustainable growth and scalability. Frontier's 'people-first' philosophy to investing is founded upon putting people before numbers – a belief that it's the people around the table collaborating together that make the difference in driving true innovation and growth. With over 15 years of experience investing in vertical SaaS, Frontier has completed more than 25 vertical SaaS investments since inception. Frontier typically makes initial equity investments of $5–30 million in mission critical vertical SaaS companies with $3–20 million of annual recurring revenue ("ARR") and +25% annual growth. For more information about Frontier, please visit www.frontiergrowth.com.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

CUPE: Liberals reward Air Canada's refusal to bargain fairly by crushing flight attendants' Charter rights
CUPE: Liberals reward Air Canada's refusal to bargain fairly by crushing flight attendants' Charter rights

Business Wire

time41 minutes ago

  • Business Wire

CUPE: Liberals reward Air Canada's refusal to bargain fairly by crushing flight attendants' Charter rights

TORONTO--(BUSINESS WIRE)--Air Canada asked the government to crush underpaid flight attendants' Charter rights, and Jobs Minister Patty Hajdu only waited a few hours to deliver. The Liberal government has invoked Section 107 of the Canada Labour Code to end a strike by Air Canada flight attendants fighting to end unpaid work and poverty wages. "The Liberals have talked out of both sides of their mouths. They said the best place for this is at the bargaining table. They refused to correct this historic injustice through legislation," said Wesley Lesosky, President of the Air Canada Component of CUPE. "Now, when we're at the bargaining table with an obstinate employer, the Liberals are violating our Charter rights to take job action and give Air Canada exactly what they want — hours and hours of unpaid labour from underpaid flight attendants, while the company pulls in sky-high profits and extraordinary executive compensation." CUPE came to the table with data-driven and reasonable proposals for a fair cost-of-living wage increase and an end to forced unpaid labour. Air Canada responded by sandbagging the negotiations. The Liberal government is rewarding Air Canada's refusal to negotiate fairly by giving them exactly what they wanted. This sets a terrible precedent. Contrary to the Minister's remarks, this will not ensure labour peace at Air Canada. This will only ensure that the unresolved issues will continue to worsen by kicking them down the road. Nor will it ensure labour peace in this industry — because unpaid work is an unfair practice that pervades nearly the entire airline sector, and will continue to arise in negotiations between flight attendants and other carriers.

'This government is anti-union and anti-worker': CUPE NS Denounces Use of Bill 107
'This government is anti-union and anti-worker': CUPE NS Denounces Use of Bill 107

Business Wire

time41 minutes ago

  • Business Wire

'This government is anti-union and anti-worker': CUPE NS Denounces Use of Bill 107

HALIFAX, Nova Scotia--(BUSINESS WIRE)--CUPE Nova Scotia strongly condemns the federal government's decision to interfere in workers' right to collective bargaining and job action by invoking Section 107 of the Canada Labour Code. 'Clearly, this government is anti-union and anti-worker,' said Alan Linkletter, CUPE Nova Scotia President. 'Forcing workers back on the job instead of supporting free and fair collective negotiations directly contradictions workers' rights that are guaranteed under the Canadian Charter of Rights and Freedoms.' Air Canada has asked the government to crush striking workers' Charter rights, and Federal Labour minister Patty Hajdu is ready to deliver. Hajdu announced that the federal government will be invoking Section 107 at a press conference this afternoon, citing the financial welfare of Canadians and the economy at large as a deciding factor for this decision. 'She says this move is for the financial security of Canadians—are these workers not Canadians? Does their welfare not matter? How can you be financially secure when you don't even get paid for all of the hours you work?' Contrary to the Minister's remarks, this will not ensure labour peace in Canada. This will only push this fight onto the next group of workers in negotiations, while Air Canda's flight attendants continue to work for a billion-dollar company for free. Flight attendants are only paid when the plane is moving, and work as many as 35 unpaid hours a month performing vital duties that ensure the safe and smooth operation of each flight. Now, instead of paying flight attendants for all the hours they work, Air Canada has clearly sought help from the federal government to continue exploiting their employees. 'Minister Hajdu's comments indicate a clear lack of respect for workers' rights,' said Sherry Hillier, President of CUPE Newfoundland and Labrador and National General Vice President for Atlantic Canada. 'By using Section 107 to force workers back on the job yet again, they're setting a pattern. And that pattern is that Liberals don't care about Canadians.' Recent polling data indicates that 9 out of 10 Canadians support Air Canada flight attendants' fight for fair pay. 88% per cent of Canadians believe flight attendants should be paid for all work-related duties including boarding, delays, and safety checks. 76% support raising their pay to reflect the important safety role they play. 59% believe the federal government should respect flight attendants' right to take job action–even if it causes travel disruptions. CUPE represents over 10,000 Air Canada flight attendants across the country, and workers have been demonstrating at Halifax Stanfield International Airport since 6AM. 'Messages of support have been pouring in for these workers from across the country,' continued Linkletter. 'Canadians stand with us. Our elected representatives should, too.'

Air Canada-CUPE Negotiations End in Impasse
Air Canada-CUPE Negotiations End in Impasse

Business Wire

time14 hours ago

  • Business Wire

Air Canada-CUPE Negotiations End in Impasse

TORONTO--(BUSINESS WIRE)--Negotiations between CUPE and Air Canada have ended in impasse. Air Canada still refuses to compensate flight attendants for all hours worked. The union has been firm: all safety-related duties should be paid at full hourly rate. Air Canada does not agree. On wages, Air Canada's last offer will still leave flight attendants living below poverty levels for many years to come. We are heartbroken for our passengers. We do not want to go on strike, and we do not want to be locked out, but it is clear that Air Canada has no incentive to bargain. Rather, Air Canada has refused to bargain in good faith due to the likelihood of the federal government using Section 107 of the Canada Labour Code to interfere in negotiations and have a contract imposed by an outside third-party arbitrator.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store