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.

Led · Series B · Oct 2023

Veruna is an Austin, TX–based provider of an agency management system natively designed on Salesforce’s CRM platform. The platform offers predictive analytics, no-code configurability, and a Customer360 solution intended to elevate revenue, efficiency, and customer experience. Led by CEO Jennifer Carroll, Veruna targets both agent-assisted and straight-through digital processing workflows. The company plans to launch new predictive analytics features and expand its global footprint. With the Series B funding, Veruna intends to accelerate product development and growth across engineering, sales, marketing, and customer success. Veruna is a Hopkinton, MA-based developer of an agency management system (AMS) built on the Salesforce/Force.com platform. Founded in 2015 and led by CEO Jennifer Carroll, the company provides configurable AMS tools for insurance agencies and MGAs to capture unique value propositions and integrate with numerous solutions. Its product creates automated tasks and reminders for managing customer relationships, remarketing lost business, and expanding coverages. The platform supports workflows for quoting, binding, submissions, and accounting. Veruna raised $6M in new equity financing and plans to use the funds for ongoing product improvement efforts. Planned enhancements will focus on additional new-business workflows and capabilities for agents and brokers. Veruna offers a cloud-based agency management system built on Salesforce that targets independent insurance agents and replaces legacy management systems. The product includes a full suite of functionality and a refined, seamless onboarding path developed over the past 24 months. The company has focused recent efforts on building a best-of-breed system and preparing for faster growth. Veruna plans to use new funding to build brand awareness, drive new sales, and expand operations. Management anticipates doubling its client base over the next year as it scales. The company was founded in 2015 and is based in Hopkinton, Mass., described as Boston-based in the announcement.