Betterview, a San Francisco, CA-based provider of a software platform for P&C insurance carriers, raised $7.5m in funding.
The round, which brought total capital raised to date to $17m, was led by ManchesterStory with participation from Guidewire Software, Nationwide, EMC Insurance Companies, MaidenRe, Compound, Winklevoss Capital, and Chestnut Street Ventures.
The company will use the funds to expand its capabilities in the Remote Property Intelligence space.
Led by David Lyman, Co-Founder and CEO, Betterview delivers a software platform for P&C insurance carriers to identify and manage property risk throughout the policy lifecycle. Property underwriters, losscontrol specialists, and claims staff use the platform during policy inception and renewal to get a comprehensive understanding of individual properties to drive outcomes for the insured, agent, and carrier in a fast and transparent manner.
Since launching its Remote Property Intelligence platform less than two years ago, Betterview is now supporting twenty companies in production to help them manage their property risk every day.