What is Homee?
Based in Tampa, FL, HOMEE operates as a leading technology platform designed to optimize the claims process for insurers, policyholders, and skilled service providers. By leveraging technology, HOMEE aims to create a more efficient and transparent workflow for managing insurance claims, from initial reporting to service provider dispatch and completion. The company's focus on this critical intersection of insurance and service delivery positions it as a key player in the insurtech sector.
How much funding has Homee raised?
Homee has raised a total of $36.8M across 6 funding rounds:
Angel/Seed
$2.8M
Series B
$15M
Debt
$1M
Other Financing Round
$4.5M
Debt
$1.5M
Series C
$12M
Angel/Seed (2017): $2.8M with participation from Florida Funders
Series B (2019): $15M, investors not publicly disclosed
Debt (2020): $1M supported by PPP
Other Financing Round (2020): $4.5M featuring Activate Capital Partners, Liberty Mutual Insurance, Florida Funders, Forté Ventures, State Farm Ventures, The Hartford, and Ferguson Ventures
Debt (2021): $1.5M backed by PPP
Series C (2024): $12M with participation from Desjardins, Liberty Mutual Insurance, State Farm, W R Berkley, The Hartford, and Sure
Key Investors in Homee
Desjardins
The Desjardins Group is a Canadian cooperative and one of North America's largest credit union federations, known for its strong financial standing and focus on supporting its members.
Liberty Mutual Insurance
Liberty Mutual Insurance Company is a global property and casualty insurer offering a wide array of insurance services and products for both personal and commercial clients.
State Farm
State Farm Insurance Company is a major privately owned insurance and financial services group providing auto, home, health, and life insurance, alongside banking and investment offerings.
What's next for Homee?
The recent major strategic investment, categorized as Series C funding, indicates that Homee is likely in a scaling phase, aiming to expand its market reach and enhance its platform capabilities. This significant capital injection will likely fuel further technological development, strategic partnerships, and broader adoption of its claims management solutions. The company's ability to attract substantial backing from established entities in the insurance and financial sectors suggests strong confidence in its business model and future growth potential within the evolving landscape of property and casualty insurance technology.
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