Homee

About Homee

Founded in 2016 by Douglas Schaedler and Dave Theus, Homee operates as a technology-driven platform within the property and casualty (P&C) insurance industry. The company is headquartered in Tampa, Florida, and has positioned itself as a key intermediary connecting insurers, policyholders, and a network of service providers for property damage repairs. Douglas Schaedler, who serves as the CEO, brought relevant experience to the venture from his previous roles as CEO at SaaS companies inno360, Inc. and Innovaro, Inc. His background in leading technology firms that served Fortune 500 companies shaped Homee's approach to disrupting the home repair and insurance claims sector. The company initially started with a focus on on-demand home services, connecting users with handymen, electricians, and plumbers via a mobile app. Over time, Homee pivoted to concentrate more specifically on the insurance claims market, managing small-to-medium-sized losses, typically under $25,000.

Homee's business model is centered on its AI-driven Claims Management Platform, which digitizes and automates the property claims process from the first notice of loss to the completion of repairs. This addresses a market valued at over $100 billion. The company's primary clients are P&C insurance carriers, including major industry names like State Farm, Liberty Mutual, The Hartford, and W.R. Berkley Corporation, who are also strategic investors. Revenue is generated by streamlining the claims lifecycle for these carriers, which improves cycle times and policyholder satisfaction. For service providers, the platform offers a marketplace to find jobs with minimal fees. Homee's service portfolio is comprehensive, covering interior and exterior repairs, remediation, cleaning, and specialized services like engineering assessments and water shut-off valve installation. A key feature for policyholders is the company's 5-year workmanship warranty on completed repairs.

The company's core product is its proprietary software platform, which includes the AI "Smart-Claim" technology. This system matches claims with appropriately skilled professionals from its vetted network of over 20,000 contractors. The platform is designed to manage the entire workflow, including inspections, cost estimation, contractor communication, and payments. This digital approach provides a more transparent and efficient experience for both the insurer and the policyholder. Homee has seen significant growth, expanding its network to cover more than 7 million homes across 38 states and securing over $75 million in total funding. In 2022, Homee acquired MyCAT Marketplace, a company specializing in catastrophic weather event claims, to further enhance its capabilities in that specific area.