Sunday, October 31, 2021

AlleyWatch

AlleyWatch


Billy Raises $3.5M for its End-to-End Insurance Management Platform for the Construction Industry

Posted: 29 Oct 2021 10:27 AM PDT

A typical construction project involves a multitude of key stakeholders. Each with a vested interest not only in the success of a project but also in managing the liability. While there are countless vendors that can help commercial real estate property managers, owners, and developers handle the actual management of a project, ensuring that liability and risk are managed properly is a key pain point. Billy has developed an end-to-end insurance and risk management platform, specifically for the construction industry, that ensures all stakeholders are able to know what coverage they have, identify gaps, verify coverage, and save on insurance costs along the way. Offered as a SaaS annual subscription, Billy is able to centralize compliance requirements, streamlining the process in which parties are approved for projects. AlleyWatch caught up with Billy CEO and Cofounder Nyasha Gutsa to learn more about the inspiration for the business, challenges faced as a first-time founder, the company's strategic plans, and latest round of funding from investors that include MetaProp, Coelius Capital, Village Global, Shadow Ventures, Hustle Fund, and Laguna Canyon Group

The AlleyWatch Startup Daily Funding Report: 10/29/2021

Posted: 29 Oct 2021 08:27 AM PDT

$100M in new funding; 6 deals including three you will not read about anywhere else. The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 10/29/2021 featuring funding details for UnitedMasters, OneRoof, and much more.

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