SaaS Provider eSUB Secures $12 Million Funding Round

eSUB is a San Diego-based field data collection and project management company for trade contractors. The funding round was led by New York growth equity firm Catalyst Investors LLC, with participation from eSUB’s existing investor Revolution LLC.

The new capital will be used to scale all areas of the company and accelerate product development. eSUB standardizes project management procedures so users can enter data, site events, labor activities, material costs, workforce information and more into a database updated in real time.

Along with Salaman, the Pillsbury team included Dusty Wolverton and Margaret Beale-Wirsing.

This is the fourth high-profile SaaS or Software as a Service financing that Pillsbury’s San Diego office has quarterbacked in the last five months. Others included $2 million for client Trust & Will, $12 million for client PetDesk and $6 million for Sunwave – all completed in 2019. (Pillsbury represented Blueprint Equity in the Sunwave investment.)