Los Angeles-based WeRecover raised the funds from Crosslink Capital, Box Group, Wonder Ventures, Struck Capital and others.

“They add upwards of sometimes 50% on top of the subcontractors’ labor rates just to be that middleman,” Nelson explained.So he sold his house, quit his job, and went the startup route in April 2015. Richard Nelson, the founder and CEO of Roofr, told Crunchbase News that the. With the funding, the company will be growing its team and expanding its reach into Texas.“It is a huge opportunity from an investor standpoint. The firm, with offices in São Paulo and San Francisco, has closed its first fund, ONEVC FUND I LP, Crunchbase News has learned exclusively. On the B2B side, he says that local businesses not only have the opportunity to build out their brand and clientele but can also earn 10 to 15 percent more than they would by sub-contracting under a larger company.“The goal is to keep [roofing contractors] very busy,” Nelson said. , the founder and CEO of Roofr, told Crunchbase News that the traditional roofing industry model is in desperate need of disruption. Massachusetts-based startup Overjet raised $7.85 million in a seed round to bring data-driven care to dental practices. The company then assigns an in-house roofing expert as a project consultant who speaks with the client before assigning a contractor.“That’s where we go above and beyond any of the other home services marketplaces,” Nelson explained. This new investment comes eight months after its previous raise, valuing the company at nearly $3 billion.We think these startups are worth highlighting for their interesting approaches, despite their smaller raises.Using AI technology, the company turns the internet into a recruiting tool.The online fundraising platform, which its largest funding to date, is known for its celebrity campaigns benefiting charities around the world.Crunchbase is the leading destination for millions of users to discover industry trends, investments, and news about global companies–from startups to the Fortune 1000.Sometimes high-tech meets the physical world in a particularly tactile manner.

Customers in those regions can go to the Roofr site, fill out a questionnaire with their address, and receive an aerial image and algorithm-based estimate for a local contractor which Nelson says is accurate within 10 percent. Six months later he was introduced to his now technical co-founder . The two then applied to the Y Combinator and 500 Startups accelerator programs in San Francisco and hit the road to participate in YC’s Summer 2017 cohort. That’s the case with -backed startup has raised $3 million in new seed funding to make the roofing industry more transparent for clients and contractors. Today, Roofr works with local residential and commercial roofing businesses in the Bay Area, Ontario, Canada, and Florida. “If you go to any of the other competitors… they’re just a simple aggregator that’s connecting you to multiple roofing contractors in their app and you choose who you want to work with.”Roofr generally connects its clients with just one contractor. The company’s first 65 residential customers joined after hearing Nelson’s door-to-door pitch about Roofr’s online aerial imaging-enabled quoting tool. And ONEVC, a cross-border fund dedicated to investing in U.S. and Latin American startups, is ideally poised to capitalize on that.. Crosslink Capital led the company’s seed round, which brings Roofr’s total funding to $4 million. Personal Capital combines online financial tools with registered financial advisor expertise to enable people and grow their net worth.Casper is a sleep startup that launches a comfortable mattress sold directly to consumers, eliminating commission ­driven, inflated prices.Pandora provides internet radio and recommendation services.Coupa is a cloud platform for business spend that offers a fully unified suite of financial applications for business spend management.Flo prevents water damage and unnecessary water waste in homes with its Flo by Moen smart home water monitoring and leak protection system.ServiceMax is the provider of Field Service Management Software for equipment manufacturers and service providers.Carbonite provides internet-based backup solutions for individuals and businesses.Vungle is the way developers put video ads in their apps.Buildingconnected provides builders with cloud-based bid procurement services.UpCounsel operates an online marketplace for businesses to find and hire legal help based on their preferences in the United States.Verodin is a business platform that enables organizations to measure, manage, and improve their cybersecurity effectiveness.ProtectWise provides Cloud-Powered Network Detection and Response.Zoosk is the #1 dating App, offering a truly personalized dating experience through its Behavioral Matchmaking(TM) technology.Marin Software Incorporated (NYSE:MRIN) provides a leading cross-channel performance advertising platform used by advertisers and agencies.

That’s the case with Roofr, which fuses sky-high photography and your roof. Sometimes high-tech meets the physical world in a particularly tactile manner. Crosslink Capital was founded in 1989 and has offices in San Francisco, California and Woodside, California. About Crunchbase. Crosslink Capital is a leading early-stage venture capital firm with an asset management business that continues into the public equity market for fast-growing companies. The startup uses aerial imaging to give customers quick estimates online and connects them with local roofing contractors in their area. Zeev Ventures led the round, which included participation from Group 11, Menlo Ventures, Crosslink Capital, Stereo Capital, and others. Subscribe to the Crunchbase Daily. For the past decade or so, dentists have been looking at financial data to understand what was happening in their practice, CEO Wardah Inam said. Crosslink Capital 3874.

“I had noticed there were a lot of problems… but it wasn’t until I got a taste of one of the bigger companies that I was really like, wow, this industry is completely archaic.”In Nelson’s view, the traditional model enables large commercial roofing contractors to act as marketing companies that hire subcontractors—local roofing businesses—to do their work. Businesses are not required to use Roofr’s exact price and only pay Roofr’s fee if they take on the project.Nelson says that by using Roofr, homeowners typically save on average 20 percent compared to commercial roofing companies. In recent years, Brazil’s startup scene has exploded as investor interest in Latin America as a whole has increased.

MENU MENU. When you upgrade to Crunchbase Pro, you can access unlimited search results, save your dynamic searches, and get notified when new companies, people, or deals meet your search criteria. The financing brings the company’s total raised over its lifetime to about $164 million, according to Crunchbase data.