InspectionGo, a Tyrone, PA-based provider of technology and services for independent home inspection companies, raised $5.5M in Series A funding.
The round, which brought the total amount to $10.5M, was led by Wasatch Equity Partners, with participation from Ben Franklin Technology Partners, Allegheny Angel Fund, The West Virginia Jobs Investment Trust, Twenty Five Ventures, Mountain State Capital, and Hamilton Ventures.
The company intends to use the funds to enhance its service offerings to its community of home inspectors and bring hundreds of jobs to Central Pennsylvania by 2026.
Founded in 2019 and led by CEO John Russell, iGo aims to improve the home inspection experience by equipping the community of home inspection companies with a modern technology platform. Its offering includes Keystone, a plug and play back-office platform; access to coaching, marketing and management resources through the iGo Community; and iGo Academy, which provides a stream of highly trained home inspectors to the inspector community.
The company also announced the strategic acquisitions of Repair Pricer and HomeBinder.
Repair Pricer leverages artificial intelligence and national language processing to turn any inspection report into an accurate home repair estimate.
HomeBinder is a residential home management platform that allows homeowners to manage their home offered by a network of 9,000 professionals to more than 950,000 homeowners nationwide.
As part of the acquisitions, iGo strengthened its leadership team. Repair Pricer CEO Christian Adams will serve as iGo’s Chief Revenue Officer and Jack Huntress, CEO of HomeBinder, joins the company as Head of Consumer Products. Both are newly created positions.
Since its founding in 2019, iGo has focused on building a community that empowers inspectors to operate more efficiently while ensuring that they offer buyers and their agents a better experience. The acquisitions of Repair Pricer and HomeBinder add to iGo’s comprehensive suite of existing solutions.
FinSMEs
20/07/2023