Flyreel provides a mobile, AI-driven Property AI Assistant that guides policyholders through contact-free self-inspections and uses proprietary computer-vision to document hazards, features, materials, and other critical property data. Its platform captures ground-level interior and exterior property data to improve underwriting, loss control, and claims outcomes across insurers' books of business. The company now serves 15 major insurance providers and has demonstrated integrations with carriers and partners. Flyreel plans to expand its product line and platform features to deliver further integration and automation across the insurance value chain. It will leverage proceeds from its recent financing to continue serving customers and scale those product and platform enhancements. Flyreel positions its AI Assistant to adapt conversational workflows in near real-time based on what it detects during policyholder scans. Flyreel is a Denver, CO-based AI solution for property insurance that equips carriers with an AI assistant to capture and analyze ground-level data. The assistant guides policyholders through self-inspections using their mobile device camera and insurance-specific computer vision. As users pan their phone across a property’s interior and exterior, Flyreel’s proprietary computer vision automatically documents property data, features, contents, and policy-worthy details. For carriers this enables personalized self-inspections at scale, real-time data intelligence, and comprehensive baseline records to inform decisions across the value chain. Flyreel raised $3.85M led by Gradient Ventures with participation from State Auto Labs Fund and Donan, and will use proceeds to service new and existing demand, expand the team, and accelerate development of its patent-pending technology. The company is led by CEO Cole Winans and COO Laurie Kuhn.

Total raised

$14M

Funding rounds

2

Latest round

Series A

Latest activity

Nov 2020