Participated · Series C · Feb 2019

Roadie operates an on-the-way delivery platform that taps unused capacity in passenger vehicles to connect people and businesses with drivers already headed the right way. The company provides scheduled, same-day and urgent delivery and has established partnerships with Delta Air Lines, The Home Depot, and Walmart. Roadie's footprint reaches 89 percent of U.S. households and it serves 224 metro areas, with deliveries to more than 11,000 cities and towns and a community of over 120,000 drivers. Since its 2015 launch, Roadie has raised $62 million in total funding to date, including an oversubscribed $37 million Series C. With this funding the company plans to continue innovating its dynamic routing and pricing models and expand use of machine learning to predict capacity and match deliveries in real time. Roadie positions itself to help large retailers bring same-day delivery to customers in both major cities and small towns that are otherwise hard to reach. Roadie operates an "on-the-way" shipping platform that matches preexisting travel routes and drivers to point-to-point delivery jobs, allowing users to ship items without traditional packaging. It targets both urban same-city deliveries and longer-distance projects that don't fit conventional boxed shipping, and the article highlights a 1,300-mile mannequin transport as an example. The company reports roughly 22,000 drivers and about 300,000 app downloads. Roadie offers features such as Homeward Bound, which aligns long-distance transportation jobs with users' planned trips, plus a driver verification system with badges, insurance collection, and ratings. Shipments include $500 standard insurance with an additional $10,000 available through UPS. The team plans to build partnerships with larger brands to increase volume and expects to double the company size over the next six months. Roadie operates a mobile app that matches shippers with nonprofessional drivers willing to carry packages for a fee. The platform has been live for only weeks and has seen over 7,500 downloads and about 50 gigs completed to date. Fees on the service range roughly from $12 to $200 depending on item size and distance, and shipments have varied from short 7-mile hops to trips of 300+ miles. The company has partnered with Waffle House to create branded "Roadie Roadhouses" across the chain’s 1,750 locations in 25 states, with drivers receiving perks like free waffles and beverages. Roadie’s service is currently available for initiating gigs in 10 U.S. Southeastern states, drivers already travel nationwide, and a national expansion is rolling out soon. The startup was founded by Marc Gorlin, previously a co-founder of Kabbage.

Participated · Series A · Jun 2018

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.

Led · Series B · Jan 2018

Hover’s core product uses up to eight ordinary smartphone photos to generate structured 3D images encoded with materials, sizes and dimensions to assess repairs and price jobs. The images can be used to automatically create priced quotes, bills of material and timings, and the company also operates an e-commerce portal for builders to order parts. Hover has about 10,000 contractors using its app and holds roughly 35 patents on its technology. The company is already working in commercial buildings and plans to expand further into interior work such as home design and decor, with broader potential in digital twinning across industries. Financially, Hover has grown from roughly $1M in revenue in 2016 to an expected run rate north of $70M this year, reflecting strong traction particularly with insurance partners. Hover provides a computer vision and deep learning platform that converts smartphone photos into interactive 3D property models to facilitate ecommerce for large home improvement projects. The platform delivers exact measurements, lets homeowners and contractors design homes with different products and colors, and enables purchasing of materials directly through the app. Hover partners with The Home Depot, GAF and Beacon, and works with five of the top 10 U.S. insurance carriers to reduce claim adjusting costs and cycle times. The company has grown to hundreds of thousands of users representing tens of thousands of home improvement companies. Led by CEO and founder A.J. Altman, Hover intends to use the new funding to continue to grow through the end of the year. The product and partnerships are positioned to drive further adoption across contractors, retailers and insurers. Hover provides a mobile app that turns a few external photos of a home into a 3D model using computer vision, requiring no specialized hardware or drone shots. The 3D models let homeowners visualize changes like new siding or windows and give contractors precise measurements to produce quotes. Hover also offers Hover Connect, a product that enables contractors to invite homeowners to create models and track lead progress, effectively using contractors to drive adoption. The company emphasizes easy consumer workflows to digitize homes and streamline the homeowner-to-contractor quoting process. Hover is SF-based and has positioned its product as both a consumer visualization tool and a contractor-facing sales/estimation utility. The company has raised institutional funding to scale the business and distribution through contractor partnerships. Hover is a mapping startup that converts smartphone photos, drone and airplane photography, satellite images, recorded video, and other image sources into advanced 3-D imagery. Its core product reconstructs three-dimensional models from nearly any kind of image input. The technology supports inputs ranging from consumer smartphone photos to aerial and satellite photography. According to a Securities and Exchange Commission filing, Hover secured $1.4 million in debt financing. The filing indicates the company is seeking an additional $1.8 million, for a targeted total of $3.2 million. No participating investors were named in the SEC document cited in the VentureBeat article.