Florida Funders is a Florida-focused Venture Capital Firm and Angel Investor syndicate with over 1,500 members. Led by successful entrepreneurs and seasoned investors, it partners with its portfolio companies to set them up for success. Its team scours the state of Florida to find the best early-stage ventures across all industries. It blends the best of equity crowdfunding, angel investing, and venture capital to generate strong returns for its investors while supporting the next generation of the Sunshine States' most promising entrepreneurs.

Florida Funders

DeepWork Capital, a Florida-based venture capital firm, invests in high-growth early-stage companies in the technology and life science sectors through proprietary and public committed capital funds. The Firm partners with visionary entrepreneurs building world-changing companies and supports portfolio companies' successes with active engagement.  For additional information, please see https://www.deepworkcapital.com.

DeepWork Capital

Activate Capital is a growth equity partner to companies building smart, sustainable systems across the energy, transportation, and industrial technology markets. The firm aims to generate financial returns while contributing to this vision of the future by investing in entrepreneurial management teams in high growth companies using technology to make the world more efficient, intelligent, and sustainable. The partners have collectively invested over $1 billion across their target sectors, resulting in 30 successful exits through IPO and M&A.

Activate Capital Partners

The Home Depot founded in 1978 is a home improvement retailing company that combines its physical stores with an online presence to provide customers with innovative products at great value. The company specializes in the fields of retail, home improvement, and customer service.

The Home Depot

Tech Square Ventures is an Atlanta-based early-stage venture capital firm investing in enterprise, marketplace, platform, and tech-enabled service companies. We are a team of founders, operators, and investors that partner with visionary entrepreneurs to help them with what they need most – access to markets and customers. Our platform is built on a strategic network of innovation ecosystem and corporate, and university relationships that help founders inform and accelerate go-to-market strategies.

Tech Square Ventures

Engage is a venture fund and platform backed by 11 leading corporations, Georgia Tech, and Tech Square Ventures. The Engage partners contributing capital, expertise, time, and resources include AT&T, Chick-fil-A, Cox Enterprises, Delta Air Lines, Georgia-Pacific, Georgia Power Foundation, Inc., Georgia Tech, Goldman Sachs Group, Intercontinental Exchange (ICE), Invesco Ltd., Tech Square Ventures, The Home Depot and UPS.

Engage

Forte Ventures is a venture capital firm that offers investment services to a range of technology firms, including mobility, digital media, and financial technology.

Forté Ventures

Liberty Mutual Strategic Ventures is a $150M corporate venture fund backed by Liberty Mutual Insurance. We invest in insurtech, fintech, and adjacencies across the future of shelter, mobility, commerce, and insurance innovation. We are focused on property and casualty across personal and commercial lines; we do not invest in life or health startups. We primarily invest in the United States, but will evaluate startups that operate across Liberty Mutual’s global footprint.

Liberty Mutual Strategic Ventures

Ferguson Enterprises is committed to driving and enabling innovation in the commercial and residential construction, remodel and services industries. As part of this commitment Ferguson Ventures has been established as the Corporate Venture capital and strategic partnering arm for Ferguson. Ferguson Ventures invests in and partners with early through late stage companies that are solving industry challenges, able to add value to our partners, scale across our customer base and dominate in their space. Ferguson’s industry leading position, deep expertise, national branch network, and deep customer and vendor relationships will accelerate our partners’ ability to scale. Ferguson Ventures is focused on finding partners who can help meet the needs of our customers, enabling them to succeed in today’s ever evolving marketplace and be better prepared for tomorrow’s. We support endeavors that include: Connected Ecosystems – We seek opportunities to replace, enable, or create processes that will streamline and strengthen value chains across the industry Digital Experiences – Creating a best-in-class customer experience with industry leading content Emerging Technology – Exploring and leveraging emerging technologies to enhance customer and associate experiences through Augmented / Virtual Reality, Internet of Things (IoT), Artificial Intelligence and Machine Learning

Ferguson Ventures

State Farm Ventures is a venture capital firm that invests in companies that disrupt conventional modes of operation to help each of individual live smarter and safer lives.

State Farm Ventures

Morningside Venture Investments is an investment group that provides industry investments and social responsibility. It was founded in 1986 and is based in Shanghai, China.

Morningside Venture Investments

[Desjardins Venture Capital](http://www.dcrdesjardins.com/En/index.asp) is the venture capital fund management arm of the Mouvement des caisses Desjardins.  It manages the assets of Desjardins Venture Capital, a limited partnership, six Desjardins investment regional funds, as well as Capital régional et coopératif Desjardins, a public fund whose assets under management are projected to reach $1.425-billion over the next 10 years. Desjardins Venture Capital makes its network and expertise available to businesses.

Desjardins Venture Capital

Hartford Investment Management Co. is an investment management company that offers investment advisory services.

Hartford Investment Management Co. (HIMCO)

W. R. Berkley, an insurance holding company, operates as a commercial lines writer in the United States and internationally. It operates through two segments, Insurance and Reinsurance.  The Insurance segment underwrites commercial insurance business, including premises operations, commercial automobile, property, products liability, and professional liability lines. It also provides workers’ compensation, property casualty, general liability, professional liability, and excess and umbrella coverage insurance products, as well as coverages for technology, ambulatory surgery centers, chiropractors, and concierge physicians; accident and health insurance and reinsurance products; insurance for commercial risks; pollution liability and coverages to contractors, consultants, and owners; and liquor liability and inland marine coverage for small to medium-sized insureds.  Moreover, this segment offers directors and officers, and surety risk products, as well as products for life sciences and travel industries; coverage for excess liability, construction wrap-ups, and completed operations; cyber risk solutions; casualty, group life, and crime-related insurance products; personal lines insurance solutions, including home, condo/co-op, and collectibles; automobile, law enforcement, public officials and educator's legal, and employment practices liability, as well as incidental medical insurance products; and at-risk and alternative risk insurance program management services. The Reinsurance segment provides other insurance companies and self-insureds with assistance in managing their net risk through reinsurance on a portfolio basis through treaty reinsurance or on an individual basis through facultative reinsurance.  William R. Berkley founded W. R. Berkley in 1967. It has its headquarters in Greenwich in Connecticut.

W. R. Berkley

Sure, an insurance technology company, powers digital insurance programs for the world's most recognized brands and carriers. Its enterprise SaaS Platform and APIs accelerate digital transformation and embedded insurance distribution without the need for additional IT resources. Sure streamlines all aspects of digital insurance sales and service with features designed for each phase of the insurance lifecycle.

Sure

The Institutes is a provider of professional education for the risk management and property-casualty insurance industry. Institutes knowledge solutions include the CPCU designation program; associate designation programs in areas such as claims, risk management, underwriting, and reinsurance; introductory and foundation programs; online courses; research; custom solutions; assessment tools; and continuing education (CE) courses.

The Institutes Knowledge Group

Homee

Homee is a technology platform for connecting insurers, policyholders, and service providers in the claims process. They facilitate scheduled and emergency mitigations and repairs. They create tools for insurance to connect policyholders and service providers in the claims process. Their network of registered restoration contractors, plumbers, and electricians specializes in claim and repair services.

<div>HOMEE provides a property claims management platform that connects insurers, policyholders, and home service providers. Insurers can use this platform to digitize the entire claims process, starting from the first notice of loss (FNOL) up to the claims payout stage. The platform grants insurers access to videos and photos showcasing property damages that facilitate damage assessment and estimation. Moreover, insurers can efficiently dispatch home service providers through the platform to carry out necessary repairs and receive real-time updates on tasks. It had more than 20,000 registered contractors on its platform as of September 2021.</div>

InsurTech: Infrastructure

HOMEE

HOMEE raises USD 12 million in Series C funding to develop smart claims management platform.. Homee.. product 

<div>
 
 HOMEE provides a property claims management platform that connects insurers, policyholders, and home service providers. Insurers can use this platform to digitize the entire claims process, starting from the first notice of loss (FNOL) up to the claims payout stage. The platform grants insurers access to videos and photos showcasing property damages that facilitate damage assessment and estimation. Moreover, insurers can efficiently dispatch home service providers through the platform to carry out necessary repairs and receive real-time updates on tasks. It had more than 20,000 registered contractors on its platform as of September 2021.
 
 
 In August 2022, HOMEE acquired MyCAT Marketplace, a SaaS platform provider specializing in property claims management related to natural catastrophes (Nat Cat). Through this acquisition, the company aimed to expand its property claims capabilities to encompass Nat Cat events. The platform enables insurers to track upcoming natural disasters, visualize and manage plans, and establish connections with catastrophe teams for the effective preparation and management of Nat Cat events.
 
 
 Funding and financials
 
 
 The company raised USD 17 million in a Series B-2 funding round led by Morningside in September 2021. It had planned to use the funds to enhance its technology suite, launch in new markets to further service carriers, and expand its service provider network throughout the US.
 
 
 
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AgentSync develops modern insurance infrastructure solutions that automate and streamline compliance and producer management processes for insurance carriers, agencies, and MGAs. The company's core product offerings include AgentSync Manage, Autopilot, and ProducerSync API, which help validate licensing, appointing, and personal information for insurance producers by connecting with the National Insurance Producer Registry (NIPR). In January 2024, AgentSync launched its first commercially available ProducerSync API, which allows insurance businesses to access and validate NIPR data through REST API architecture. The company's technology reduces manual data entry processes from hours to minutes by using APIs and cloud-native solutions. In 2021, AgentSync acquired Finvera and subsequently acquired eContractPro in 2022. As of December 2021, the company generated annual revenue of USD 29.3 million.
Key customers and partnerships
AgentSync has established strategic partnerships with several industry leaders including the National Insurance Producer Registry (NIPR), Salesforce, Varicent, DocuSign, Verified First, Accurate, and LIMRA LOMA. Veterans United Insurance is among the company's notable customers. The company's platform enables its customers to onboard producers in hours instead of the traditional timeframe of weeks or months.

AgentSync

Artificial is an insurance software business offering an algorithmic underwriting, data extraction and machine learning platform to commercial insurers, empowering them to write better risks, faster. We provide solutions to partners across the London and global markets, including Convex, Chaucer and more. Our platform specialises in instantly and accurately capturing data at the point of entry for use in downstream applications. We enable clients to augment this data through effortless integrations and use it to write risks algorithmically, build contracts and plug into other systems. Behind the platform is decades' worth of experience in engineering, insurance and analysis. We do more than just provide software; we work with you every step of the journey to make sure our technology drives growth, improves efficiency and reduces costs across your business.

Artificial Labs

Bambi Dynamic developed a white-label mobility platform for the insurance sector. Their technology generated personalized, usage-based insurance options for the mobility sector, with the platform calculating premiums based on individual user data including driver safety scores, on-demand activation/deactivation, and time or distance driven. The system accounted for occasional drivers and multi-use vehicles, and was designed to integrate with IT systems of insurance companies, OEMs, and Mobility-as-a-Service providers such as ridesharing, ride-hailing, carsharing, e-scooters, and delivery services. The company operated between 2017 and 2023, ultimately ceasing operations in March 2023.
Key customers and partnerships
The company partnered with The Phoenix Insurance Company in Israel to launch 'The Phoenix Drive', a pay-as-you-go private vehicle insurance product. This offering included a web/mobile onboarding sales and underwriting portal for direct customers and insurance agents, back-office interfaces for insurers, and a consumer mobile app. Through this partnership, Bambi Dynamic was also involved in running the InsureMyTesla program in Israel.

Bambi Dynamic

CLARA Analytics offers an AI-powered insurance claims platform, aimed at improving claims outcomes. Its core claims platform is called CLARAty.ai, which includes generative and predictive AI models developed specifically for casualty claims. Its platform includes several products: 1) Claims Document Intelligent Pro, 2) Triage, 3) Treatment, 4) Litigation, 5) Clara Fraud, and 6) Clara MSP Compliance.&nbsp;&nbsp;<a href="https://sp-edge.com/updates/32243">Claims Document Intelligent Pro</a> is an AI-powered tool that automates the review of claims documents, including legal demands and medical records. It can analyze thousands of pages in seconds, identify key information, and detect treatment patterns to assess risks, improving efficiency and reducing costs.CLARA Triage is an AI tool for claims professionals that predicts claim severity, identifies high-risk claims, and issues real-time alerts to help adjusters act proactively. It improves productivity, reduces costs, and enables faster resolution of simple claims.CLARA Treatment is an AI tool that scores healthcare providers to identify the best options for resolving workers' compensation cases quickly and effectively. It improves claim resolution times, enhances patient outcomes, and reduces costs by matching injured workers with the right providers.CLARA Litigation is an AI tool that analyzes attorney performance and provides insights to reduce the cost and impact of litigated claims. It offers strategic recommendations for case management and helps optimize attorney selection to support decision-making.<a href="https://sp-edge.com/updates/30120">CLARA Fraud</a> is an AI tool that analyzes large workers' compensation datasets to detect suspicious patterns and clusters of potentially fraudulent activity. It increases visibility into suspicious claims, supports SIU referrals, and reduces losses from undetected fraud.CLARA MSP Compliance is an AI tool that automates Medicare Secondary Payer (MSP) compliance by identifying Medicare beneficiaries, determining the need for Medicare Set-Asides, and assisting with mandatory reporting. It reduces compliance risks, improves accuracy, and saves costs in handling Medicare-related claims.In 2023, the company launched CLARAty.ai, a casualty claims intelligence platform using predictive and generative AI to support claims professionals. It provides insights, recommended actions, and advanced claim summaries to guide next steps, enhancing traditional systems and workflows.Key customers and partnershipsIts notable customers include Berkshire Hathaway Homestate Companies, AmTrust, Amerisure, and QBE.&nbsp;Moreover, the company was selected by Amazon in August 2024, as its technology partner to improve health and claim outcomes for its corporate workers' compensation claims.

CLARA Analytics

Coterie Insurance is a Cincinnati-based insurtech company that provides digital small business insurance solutions. Founded in 2018, the company specializes in three main types of business insurance: general liability, business owners' policies, and professional liability coverage. The company employs digital underwriting technology that sources publicly available data to enable instant coverage through a transparent quoting and binding process. Its platform features a qualification checker that indicates within seconds if a business falls within Coterie's appetite. As of June 2022, Coterie's insurance products were available across all 50 states and the District of Columbia. The company's policies are underwritten by Spinnaker Insurance Co. and Benchmark Insurance Co., both of which hold A-rated carrier ratings. The platform uses both ISO and proprietary coverage forms, with all policy documents, certificates, billing, and claims managed through a single dashboard. The system reduces paperwork by 80% compared to traditional methods by eliminating ACORD forms and manual underwriting processes.
Key customers and partnerships
The company serves small and micro-businesses across the US, with a particular focus on businesses with fewer than 20 employees. As of June 2022, Coterie worked with a network of 5,000 agents who provide personalized counsel to small business owners. The company's products are distributed both through independent insurance agents and brokers, and directly to business owners through its digital platform. The business maintains partnerships with Spinnaker Insurance Co. and Benchmark Insurance Co. who underwrite its insurance products.

Coterie Insurance

Providers of general, yet comprehensive, end-to-end solutions for insurance companies, covering various aspects of their operations. This includes core systems for policy administration, underwriting, claims processing, billing, and customer relationship management

Specialized platforms that offer lead generation and management services and tools for insurance providers. Tools can include telemarketing, internet, and social media lead generation, referrals, and lead analytics

Underwriting platforms that evaluate risks related to life insurance, health insurance, and related products such as disability and critical illness coverage. They may utilize medical underwriting criteria, genetic information, lifestyle factors, and demographic data to assess applicants' insurability

Platforms that specialize in assessing risks associated with property and casualty insurance, including home, auto, commercial property, and liability coverage. They may incorporate data sources such as property valuations, historical claims data, telematics, and weather patterns to evaluate risk factors accurately

Specialized platforms that streamline and automate claims processing workflows, from initial claim submission to settlement. They may offer software for claims intake, adjudication, fraud detection, and communication with policyholders and third-party service providers

Policy administration systems that focus on managing policy lifecycle activities, including policy issuance, endorsements, renewals, and cancellations. They provide insurers with tools to configure and manage policy rules, coverage options, and premium calculations. Platforms can also have additional functions for commission and performance tracking

Reinsurance technology providers offer a range of innovative tools and services to support reinsurers in managing their operations, assessing risks, and optimizing their reinsurance strategies. These solutions may include advanced analytics, catastrophe modeling, risk assessment tools, portfolio management systems, and underwriting platforms specifically designed for the reinsurance industry

<div>
 
 HOMEE, a property insurance repair management platform that uses AI, recently secured $12 million in Series C funding. The funding round was led by W.R. Berkley Corporation and saw participation from entities like The Institutes, Sure Inc., and existing investors such as State Farm, Liberty Mutual, The Hartford, and Desjardins. The total funds raised by HOMEE so far cross the $75 million mark.
 
 The newly acquired funds will be used to further enhance the company's AI Smart-Claim management platform. The goal of this platform is to directly connect carriers to its carefully selected direct repair network across the United States.
 
 For the fifth consecutive quarter in Q3 2024, HOMEE reported growth. The company saw a revenue increase of 15% and a rise in claim assignments by 14%. Its repair coverage has expanded to cover over 7 million homes across 38 states, which marks a 300% increase. Since Q1 2024, there has also been a 250% growth in claims assigned.

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HOMEE

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