Fundraising Fox

Flyreel

Denver, US · Delaware corporation · 10,001 employees on LinkedIn · 6 known investors

Find your way into Flyreel

1 people in our graph share verified history with the Flyreel team — schools, employers, funds. One of them is your warm intro.

Michael Kindrat-Prattunlockedknows Cole Winans · together at Flyreel (overlapped)

Flyreel offers AI-driven property assessment technology, now part of LexisNexis Risk Solutions' Total Property Understanding, that lets home insurance underwriters survey properties using ground-level interior and exterior insights combined with aerial imagery and other data. The property risk assessment solution integrates into the underwriting workflow to help carriers identify property risks and coverage opportunities.

AI & Machine LearningInsurTechPropTech

Founders & leadership

CWCole Winans
Cole WinansinCEO & Founder2015–2022Cole Winans founded Flyreel, an AI-driven property assessment technology company acquired by LexisNexis Risk Solutions, where he served as Executive Officer. He has led companies from inception through acquisition and has been an early investor in multiple AI-focused startups including SparkAI (acquired by John Deere) and Mezo (acquired by Property Meld).
TC
Thomas C. DeFilippsNamed on SEC filing
RH
Robert HawkNamed on SEC filing
RG
Robert GrantNamed on SEC filing

Investors · 6

Gradient VenturesSan Francisco · $100K – $10M
IA Capital GroupNew York
State Auto LabsreportedColumbus

Also in the syndicate · 3

Donan EngineeringGuidewire SoftwareState Auto

Funding

SEC filings, press & company announcements

$18.3M disclosed across 3 rounds · 2019–2020

▶$2.1MraisedDec 2019 · 7 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Cole WinansExecutive Officer, Director
  • Robert GrantDirector
  • Robert HawkDirector
  • John HarringtonExecutive Officer
  • Lucy StribleyExecutive Officer
Offering amount
$2.1M
Amount sold
$2.1M
First sale
Dec 2019
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$6.2MraisedMar 2019 · 28 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Thomas C. DeFilippsExecutive Officer
  • Robert HawkDirector
  • Cole WinansExecutive Officer, Director
  • Robert GrantDirector
Offering amount
$6.2M
Amount sold
$6.2M
First sale
Mar 2019
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

U.S.-Based AI Insurtech Software Flyreel Secures $10 Million During Series A Financing Round LedBy IA Capital Group | Crowdfund Insidercrowdfundinsider.com · Nov 2020Flyreel Raises $10M in Series A Financing - FinSMEsfinsmes.com · Nov 2020Flyreel Raises $10M for AI Underwriting and Claims Technology - Carrier Managementcarriermanagement.com · Nov 2020How Denver-Based Insurance Tech Company Flyreel Uses AI To Automate Inspectionspulse2.com · Apr 2019Gradient Ventures Leads $3.85M Investment in Insurtech Flyreelprnewswire.com · Apr 2019Flyreel Raises $3.85M in Funding - FinSMEsfinsmes.com · Apr 2019

Frequently asked questions

What does Flyreel do?
Flyreel offers AI-driven property assessment technology, now part of LexisNexis Risk Solutions' Total Property Understanding, that lets home insurance underwriters survey properties using ground-level interior and exterior insights combined with aerial imagery and other data. The property risk assessment solution integrates into the underwriting workflow to help carriers identify property risks and coverage opportunities.
Who founded Flyreel?
Flyreel was founded by Cole Winans.
Who are Flyreel's investors?
Flyreel's investors include Gradient Ventures, IA Capital Group, State Auto Labs.
How much funding has Flyreel raised?
Flyreel has disclosed $18.3M raised across 3 rounds.
Where is Flyreel headquartered?
Flyreel is headquartered in Denver, US.