Roofer.com – an AI-based technology company in the roofing industry – announced that it had raised a $7.5 million Seed round led by Mucker Capital with participation from Soma Capital, HF0, Asymmetric Capital Partners, Alumni Ventures, HustleFund, The Council, GoAhead Ventures, Mirada Capital and several prominent angels such as the Founder and CEO of Mercury and the Founder and CEO of ParkHub.
The company is based in Dallas, Texas, and plans to use the funding to launch into Austin, Texas, its second market. Before closing the seed round, Roofer.com participated in an exclusive accelerator reserved for leading startups focused on developing AI products and solutions, HF0.
The cornerstone of Roofer.com’s approach to roofing lies in its use of advanced AI algorithms and drone technology to conduct roof scans. Drones capture high-resolution photographs – which are then analyzed using computer vision. And this provides insights into areas of damage, the remaining life of the roof, and whether a repair or complete re-roofing is necessary.
Roofer.com differentiates itself from other competitors by being vertically integrated and actually doing the roofing work. And they acquired Bearded Brothers Roofing & Restoration, one of the largest roofing companies in Texas that did notable projects such as the San Antonio Marriott Riverwalk and work for thousands of area homeowners.
Roofer.com now focuses on re-roofing residential homes for consumers and has a rapidly growing enterprise segment that services multi-family apartments and commercial buildings.
The company is now setting its sights on growing aggressively by streamlining systems, hiring on to its core team, and entering new markets in 2024, which have yet to be announced.
KEY QUOTE:
“The team you build is the company you build and we’ve built an incredible team. Our leadership has extensive experience in early to later-stage startups, as well as helping those startups exit successfully for nine figures. With the combination of our team, technology, and streamlined processes, I believe Roofer.com is uniquely positioned to deliver the premiere roofing experience everyone will love.”
– Nathan Mathews