The financing, which includes new investors, The Institutes, the leading provider of risk management and training for the insurance industry, and Sure, Inc. the fastest growing insuretech building the technology rails for digital insurance, brings the total capital raised by the Company to more than $75 million. The new investors join existing strategic investors State Farm, Liberty Mutual, The Hartford and Desjardins. The additional capital will accelerate software development for the industry's next-generation AI Smart-Claim management platform. The new software is expected to enable dramatic increases in scale by seamlessly connecting carriers directly to the Company's highly vetted direct repair network throughout the US.

HOMEE is the only AI-Driven Direct Repair Network for the Property and Casualty (P&C) insurance industry. The Company's pioneering technology connects insurers, policyholders, and skilled service providers throughout the lifecycle of a claim. HOMEE, in combination with a highly curated marketplace of service providers, is utilized by leading firms in the insurance sector to dramatically improve the claims experience for policyholders.