Tugboat (Services (B2C Non-Financial)) Overview
- Year Founded
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2022
- Status
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Private
- Employees
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8
- Latest Deal Type
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Seed
- Latest Deal Amount
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$4M
- Investors
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9
Tugboat (Services (B2C Non-Financial)) General Information
Description
Developer of a web-based platform designed to assist homeowners with navigating the homeowners' insurance claim process. The company offers a suite of services to empower homeowners during the process, which includes claim review, expert communication, professional reports, additional funds, business interruption assistance, and a contractor network, enabling clients to receive a fair and complete settlement for their insurance claims.
Contact Information
Website
www.tugboat.claimsCorporate Office
- 33 South Third Street
- Suite D
- Grand Forks, ND 58201
- United States
Corporate Office
- 33 South Third Street
- Suite D
- Grand Forks, ND 58201
- United States
Tugboat (Services (B2C Non-Financial)) Timeline
Tugboat (Services (B2C Non-Financial)) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Seed Round | 15-Jun-2026 | $4M | Completed | Generating Revenue | ||
| 5. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 4. Seed Round | 12-Dec-2024 | Completed | Generating Revenue | |||
| 3. Accelerator/Incubator | 04-Oct-2024 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | 01-Jan-2023 | Completed | Startup | |||
| 1. Accelerator/Incubator | Completed | Startup |
Tugboat (Services (B2C Non-Financial)) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed-3 | ||||||||
| Seed-2 | ||||||||
| Seed-1 | 947,368 | $0.000010 | $0.11 | $0.11 | 1x | $0.11 | 5.4% |
VC Exit Predictor
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Tugboat (Services (B2C Non-Financial)) Signals
Tugboat (Services (B2C Non-Financial)) Investors (9)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| 701 Fund | Angel Group | Minority | ||
| Acumen America | Impact Investing | Minority | ||
| Resilience VC | Venture Capital | Minority | ||
| South Dakota First Capital | Venture Capital | Minority | ||
| Sure Ventures | Venture Capital | Minority |
Tugboat (Services (B2C Non-Financial)) FAQs
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When was Tugboat (Services (B2C Non-Financial)) founded?
Tugboat (Services (B2C Non-Financial)) was founded in 2022.
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Where is Tugboat (Services (B2C Non-Financial)) headquartered?
Tugboat (Services (B2C Non-Financial)) is headquartered in Grand Forks, ND.
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What is the size of Tugboat (Services (B2C Non-Financial))?
Tugboat (Services (B2C Non-Financial)) has 8 total employees.
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What industry is Tugboat (Services (B2C Non-Financial)) in?
Tugboat (Services (B2C Non-Financial))’s primary industry is Other Services (B2C Non-Financial).
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Is Tugboat (Services (B2C Non-Financial)) a private or public company?
Tugboat (Services (B2C Non-Financial)) is a Private company.
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What is the current valuation of Tugboat (Services (B2C Non-Financial))?
The current valuation of Tugboat (Services (B2C Non-Financial)) is .
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What is Tugboat (Services (B2C Non-Financial))’s current revenue?
The current revenue for Tugboat (Services (B2C Non-Financial)) is .
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How much funding has Tugboat (Services (B2C Non-Financial)) raised over time?
Tugboat (Services (B2C Non-Financial)) has raised $4.5M.
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Who are Tugboat (Services (B2C Non-Financial))’s investors?
701 Fund, Acumen America, Resilience VC, South Dakota First Capital, and Sure Ventures are 5 of 9 investors who have invested in Tugboat (Services (B2C Non-Financial)).
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