vipHomeLink Closes $1.4M InsurTech Funding Round, Announces Key Hires
Summary
MORRISTOWN, N.J., July 17, 2019 /PRNewswire/ -- vipHomeLink.com, an innovative digital home management solution and mobile app, announces the completion of its second round of funding. vipHomeLink was founded in 2017 by Alfred Bentley, a veteran technologist and former IBM innovation leader, and Geoff Martin, a corporate strategy and finance executive. The platform enables homeowners to be more proactive in the way they care for their home – helping them avoid costly repairs and reduce insurance claims. As a disruptor in the insurTech category, this capital raising will enable us to hire key staff, further improve our platform and scale our business across the U.S." "We originally built this technology to help us manage and maintain our home and several rental properties," Alfred Bentley said. vipHomeLinks mission is to substantially reduce the 350,000+ home fires each year across the U.S. as well as other preventable homeowner losses, such as in-home floods that cost the insurance industry over $2.5 billion annually.