AI startup Roofer.com raises $7.5m seed round to modernize the roofing industry
AI startup Roofer.com, a pioneering technology company in the roofing industry, has raised a $7.5 million Seed round led by Mucker Capital with participation from Soma Capital, HF0, Asymmetric Capital Partners, Alumni Ventures, HustleFund, The Council, GoAhead Ventures, Mirada Capital and several prominent angels such as the Founder and CEO of Mercury and the Founder and CEO of ParkHub, The company is headquartered in Dallas, Texas and plans to use the funding to launch into Austin, Texas, it's second market.
Prior to closing the Seed round, Roofer.com was a participant in an exclusive accelerator reserved for leading startups focused on developing AI products and solutions, HF0.
The cornerstone of Roofer.com's innovative approach to roofing lies in its use of advanced AI algorithms and drone technology to conduct roof scans. Drones capture high-resolution photographs, which are then analyzed using computer vision. This analysis provides insights into areas of damage, the remaining life of the roof, and whether a repair or complete re-roofing is necessary.
Roofer.com also differentiates itself from other competitors by being vertically integrated and actually doing the roofing work. They acquired Bearded Brothers Roofing & Restoration, one of the largest roofing companies in Texas that did notable projects such as the San Antonio Marriott Riverwalk and work for thousands of area homeowners.
Today, Roofer.com focuses on re-roofing residential homes for consumers and has a rapidly growing enterprise segment that services multi-family apartments and commercial buildings. Multiple seasoned executives from the proptech industry have joined the new AI startup in pursuit of building the next Airbnb.
Nathan Mathews, Founder & CEO, Roofer.com: "The team you build is the company you build and we've built an incredible team. Our leadership has extensive experience in early to later-stage startups, as well as helping those startups exit successfully for nine figures. With the combination of our team, technology, and streamlined processes, I believe Roofer.com is uniquely positioned to deliver the premiere roofing experience everyone will love."
The company is setting its sights on growing aggressively by streamlining systems, hiring on to its core team, and entering new markets in 2024, which have yet to be announced.
Interviews.
[Interview] Caroline Mutuku, General Manager, Glovo, Kenya
Caroline Mutuku is Kenya's General Manager of multi-category app Glovo. Caroline joined Glovo in December 2022 from Swvl Kenya where she also served as the General Manager from December 2021. In this interview...read more here
[Interview] Renate Swanepoel, COO, INC. Networking
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker that has helped thousands of people around the world to find their purpose. She has gained significant networking and communication...read more here
[Interview] Anne-Marie Chidzero, Chief Investment Officer, FSD Africa
Anne-Marie Chidzero is the Chief Investment Officer at the Financial Sector Deepening Africa (FSD Africa) Investments. In this interview, she talks about the risks and opportunities in backing Africa’s early-stage startups...read more here
[Interview] James Kilpatrick, Chair, Gravitilab, UK
Gravitilab is a "Space as a Service" business providing research, testing and qualification facilities to space agencies, government, academia and commercial enterprises. The company’s Chair and Chief Finance Officer...read more here
[Interview] Ramanjeet Singh, CEO, Woosper, USA
Woosper is a US-based digital advertising and marketing agency focused on creating experiences that help clients discover their place in the digital world. The CEO Ramanjeet Singh...read more here