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Flyreel

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

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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 WinansCEO & 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

IA Capital Grouplisted by IA Capital GroupNew York

How we know: funding news · carriermanagement.com · Not right? Tell us

State Auto LabsreportedColumbus

How we know: carriermanagement.com · Not right? Tell us

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

Gradient Ventures Leads $3.85M Investment in Insurtech Flyreelprnewswire.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.