How Much Did Homee Raise?
Funding & Key Investors

Homee, a technology platform connecting insurers, policyholders, and skilled service providers in the claims process, has recently secured a major strategic investment as part of a significant enterprise-level funding round. The total capital raised to date stands at $36.8M, with the most recent financing event contributing $12M to the company's growth trajectory. This latest infusion of capital underscores the company's strategic importance in streamlining the insurance claims ecosystem.

What is Homee?

Homee
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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:

2017

Angel/Seed

$2.8M

2019

Series B

$15M

2020

Debt

$1M

Other Financing Round

$4.5M

2021

Debt

$1.5M

2024

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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Frequently Asked Questions Regarding Homee Financial Insights

What are the most recent funding rounds that Homee has completed, and what were the funding rounds?
Homee has recently completed 3 funding rounds: Series C on Oct 29, 2024, Debt on Jan 30, 2021, Other Financing Round on Jul 21, 2020.
What is the total amount of funding Homee has raised to date?
Homee has raised a total of $36.8M in funding to date.
How many funding rounds has Homee completed?
Homee has completed 3 funding rounds.
How much funding did Homee raise in its most recent funding round?
Homee raised $12M in its most recent funding round.
Who are the lead investors in Homee's latest funding round?
The lead investor in Homee's latest funding round was Desjardins. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Homee's history?
The largest funding round in Homee's history was $15M.
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