Participated · Series C · Oct 2024

Homee provides an AI-driven direct repair network and a curated marketplace of service providers that connects insurers, policyholders, and skilled service providers across the lifecycle of a claim. The company’s core product includes an AI Smart-Claim management platform used by firms in the insurance sector to improve the claims experience. Homee said it will use the new funding to accelerate software development for that AI Smart-Claim platform. Financially, the company reported its fifth consecutive record quarter with revenue growth of 15% and claim assignment growth of 14% over the prior quarter. Operationally, Homee expanded nationwide repair coverage by over 300% in 2024 to cover more than 7 million homes in 38 states and has seen a 250% increase in claims assigned to its network since Q1 2024. The company is led by CEO Doug Schaedler. HOMEE is a Tampa-based technology platform that connects insurers, policyholders, and skilled service providers in the claims process. Its platform is used by leading insurance and warranty firms to handle small-to-medium losses typically under $25,000 and pairs with a network of 20,000+ registered contractors. Over the past year HOMEE experienced a dramatic increase in claims volume, contributing to record financial results for the first six months of 2021. The company plans to use new capital to enhance its technology suite and launch new markets to further service carriers and expand its service provider network across the United States. Its investor base includes insurance-affiliated institutions such as Liberty Mutual Strategic Ventures, State Farm Ventures, Hartford Investment Management Company, Desjardins, and other strategic investors. Homee offers a single software solution for property maintenance, dispatching professionals, and insurance claims processing. Its platform supports homes, condos, offices, and restaurants and the company counts some of the largest national single-family and multi-family portfolio companies as clients. Homee's solution includes FNOL, estimates, payments, proof of completion, and the ability to capture and deliver job site videos and photos to insurers. The company has moved into the insurance space with claims processing for home and home warranty claims and provides insurance products for pros via partnerships with Coterie, CoverWallet, and AP Intego. Homee was founded in 2016. The company disclosed a new $4.5 million financing following a $15 million round announced less than a year earlier. Homee operates an on-demand home services platform that lets homeowners and property managers access thousands of skilled service providers. Led by co-founder and CEO Doug Schaedler, the service supports homes, condos, offices and restaurants. Using GPS-enabled smartphone technology, providers accept new job requests in under a minute on average and arrive at job locations in about 30 minutes or less. Every service provider is background-checked, screened by the company’s operations team, and continually monitored via the app’s provider rating system. The company counts some of the largest national single-family and multi-family portfolio companies among its clients. Homee says it will use the Series B proceeds to launch new markets and expand its service provider network across the United States. Homee is an on-demand property maintenance platform that gives homeowners and property managers instant access to skilled service providers. Led by co-founder and CEO Doug Schaedler, the Tampa, Fla.-based company uses GPS-enabled smartphone technology so providers accept new requests in under a minute on average and arrive to jobs in about 30 minutes or less. Every service provider is background-checked and screened by Homee’s operations team and continuously monitored via the app’s provider rating system to maintain quality. Homee’s service covers any property type, including homes, condos, offices and restaurants. The company plans to use the Series A proceeds to launch new markets and expand its vendor network across the United States. The startup completed an $11M Series A financing.

Participated · Series B · Jan 2023

Superscript is an insurance broker and tech platform targeting SMEs and high-growth tech firms, founded in London in 2015. It operates two core businesses: an online-only self-serve platform for U.K. customers (SMEs, sole traders and landlords) and an advised broking service, SuperscriptQ, available in the U.K. and across the EEA for more complex risks. The company partners with carriers including AXA, Beazley at Lloyd’s, RSA and MS Amlin and counts clients such as fintech Paddle. Superscript uses proprietary machine learning and big-data models to guide acquisition, onboarding and to price risks more accurately. Financially, it had previously raised around $24.4 million (including roughly $20 million across two rounds in 2020) and has now secured £45 million ($54 million) in a Series B. The company says it will use the new capital to bolster underwriting and broking capabilities and continue investing in its machine learning tooling as it looks to scale beyond Europe.

Participated · Series C · Jul 2021

CAPE Analytics uses machine learning and computer vision to create instant property intelligence and attributes that traditionally required on‑site inspection. The company’s product is aimed at organizations that finance, insure, and invest in residential and commercial properties. Since its founding in 2014, CAPE has grown to serve over 50 subscription customers, including Hippo Insurance, Amica Insurance, and State Auto Insurance. The business plans to diversify its suite of data sources and partnerships, expand its coverage footprint across the U.S., Canada, and beyond, and grow its machine learning, data science, and risk teams. The company emphasizes rapid, scalable property insights for underwriting, valuation, and risk decisioning. The Series C funding will accelerate creation of new property insights for its growing client base. Cape Analytics applies computer vision and machine learning to geospatial imagery to produce property intelligence at the time of quote. Its platform delivers comprehensive property attributes with the accuracy of on-site inspection and the speed and coverage of property record pre-fill. The company maintains a historical database of over 90 million structures in the U.S., enabling time-series analyses, linking property characteristics to loss, and detecting property changes over time. Cape Analytics serves insurers and other property stakeholders, and is backed by leading venture firms and innovative insurers. Founded in 2014 and based in Mountain View, Calif., the company is staffed by experts in computer vision, data science, and risk analysis. It plans to accelerate development of solutions for property insurers leveraging geospatial analytics and other unique information sources. Cape Analytics uses computer vision and machine learning on geospatial imagery to create a structured database of property attributes for insurers and reinsurers. Its data includes building footprints, roof condition, nearby hazards, and other features, and covers over 70 million buildings across the United States. The product delivers instant property intelligence at the time of underwriting or quote, enabling more accurate pricing and faster online quotes with fewer consumer questions. Founded in 2014 and based in Mountain View, Calif., the company expanded coverage from Florida to nearly every single-family home in the country and has tripled headcount since its last financing. The fresh $17M will be used to expand sales and AI-centric product development teams in response to rapid customer interest and adoption. Cape Analytics also plans to explore expansion into new geographies and additional insurance applications to improve data quality used for insurers' critical decisions. Cape Analytics provides a cloud-based platform that uses geospatial imagery, computer vision and machine learning to automatically extract proprietary property data. Its API integrates with insurance carriers' quote engines to deliver near inspection-quality property feature data across entire portfolios. The data is intended to improve underwriting, speed and accuracy of quotes, and enhance the agent and customer experience. The company plans to use the funds to expand its engineering and sales teams and to bring its proprietary data platform nationwide. Cape Analytics was established in 2014 and is led by CEO Ryan Kottenstette and CTO Suat Gedikli. It is based in Palo Alto, CA, and maintains additional offices in Munich, Germany.

Led · Series A · Mar 2020

Coterie builds technology that integrates small-business insurance into the platforms and processes businesses already use. The company has formed partnerships to deliver business insurance through tools such as Intuit Quickbooks and Thryv. It recently launched solutions to help independent agents and brokers more seamlessly sell and service small-business insurance. Coterie is led by CEO and co-founder David McFarland. Financially, the company secured additional capital via a Series A-1 financing to support its growth and platform expansion. The firm continues to expand distribution through platform integrations and agent/broker tooling. Coterie is an Ohio-based startup that offers "commercial insurance as a service" via APIs, connecting businesses and platforms with commercial insurance needs to its underwriting systems. The platform ingests multiple data sets to understand applicants and produce more accurate policy pricing. Coterie's systems can decide on the spot whether to bind coverage (coverage in place before a policy is issued). The product is aimed at making it faster and easier for small businesses and freelancers to buy and change general and professional liability insurance, saving time and money. The company will use the new funding to broaden the scope of its AI, including new administrative tasks. Financially, Coterie raised $8.5 million in this Series A and had previously raised over $3 million, bringing total capital raised to more than $12 million.

Led · Series A · Sep 2017

Flock is a San Francisco-based all-in-one software platform to manage human resources, benefits, and compliance. It supports small-to-midsize employers by connecting insurance carriers, payroll providers, applicant tracking modules and other systems across the employee lifecycle from hire to retire. Capabilities include onboarding, background checks, people management, benefits enrollment, payroll integration, and off-boarding. The company is led by CEO and Founder Raj Singh. Flock raised $3.5M in a Series A financing led by The Hartford with participation from existing investors. It intends to use the funds to accelerate market expansion and ongoing development of its HR and benefits administration platform. Flock is a San Francisco, CA-based provider of a technology platform for small to mid-sized businesses and their employees. The company offers a SaaS solution to hire and onboard employees and manage HR compliance. It also provides tools to manage benefits online via specialized services from existing insurance brokers. The platform is completely free to SMBs and is available to brokers for a fee. Led by CEO Raj Singh, Flock intends to use the newly raised funds to expand operations. The article does not disclose revenue, user metrics, or prior financing rounds.