SquareDash

SquareDash pays contractors 30-90 days faster by providing instant funding on approved property insurance claims. It uses proprietary technology to digitize legacy documents with a simple PDF or image upload, validating the claim and reducing underwriting risk. It is the first solution of its kind in the $70B US property loss market.

Working insurance claims is hard: It’s complex and requires workflows not found in retail jobs, it’s high volume after storms create large amounts of work in an instant, and it’s expensive to operate through long sales cycles and slow claim settlements. Collecting payment often involves physically driving to customers' homes to pick up paper insurance checks after waiting months for them to arrive in the mail.

1025% growth since public launch in March Reached $250K run rate in first 6 months of business 5.5 LTV/CAC $3,019/average monthly revenue per customer $200M+ in pipeline Multiple term sheets for $20M+ debt facilities