A storm-ready-construction-upgrade startup a day keeps the FOMO away.
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Startup of the Year: Daily Dealflow
Startup of the Year discovers and supports the most promising and innovative startups from around the world through #DailyDealflow, our Podcast & more.
Join us in New Orleans for INNOconf April 29-May 2 to meet this great startup and more!
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MyStrongHome
@MyStrongHome1 uses the @FORTIFIEDHOME standard for its roofing work - which protects homes and families, builds home equity and reduces long-term insurance costs
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MyStrongHome (MSH) is a benefit corporation that builds resilience to increasingly frequent and severe weather disasters. We provide construction upgrades to homes that are vulnerable to catastrophe, such as installing a storm-ready roof and shutters, and finance those upgrades using the resulting insurance discounts. We combine specialized construction, insurance and lending services in a one-stop-shop offer to homeowners. Our model is first of its kind, but we utilize the ‘pay as you save’ approach that has been successful in energy efficiency and solar finance. We currently serve vulnerable communities in South Carolina, Florida, Alabama, Mississippi, and Louisiana and will soon launch in Texas.
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What's Innovative About Their Solution?
MSH services are one-of-a-kind. We upend the dominant paradigm in insurance, by proactively using it to prevent future losses rather than charge customers more and more to cover damages after an event has occurred. We also bring together insurers, residential contractors and local lenders - three sectors that each have distinct regulations, rules and operating cultures - under one roof, literally and figuratively!
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⚙️ Product Stage
First Full Release
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🏭 Industries
Impact, Fintech, Real Estate
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🤑 Fundraising Status
Considering raising
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💸 Total Funding
To Date
>$1.5MM
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🙌 Founder Demographics
Female founder
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Big Wins
We made it through our pilot phase, have expanded from 3 to 5 states, have Fortified more than 150 homes, and have gone from one to three insurance partners
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Contact the Founder:
Margot Brandenburg
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Further Your Passion For Startups
The Startup of the Year Podcast raises the bar for startups around the world by providing further insight on the emerging companies featured in our Daily Dealflow newsletter and by highlighting newsworthy stories and global trends affecting the startup ecosystem.
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The Daily Dealflow is made possible thanks to the support of our amazing partners.
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2019 Startup Outlook Report
SVB is pleased to present the 10th edition of our annual Startup Outlook Report, focusing on the innovation economies of the US, the UK, China and Canada. Read the report here.
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Established, LLC is not a broker-dealer and cannot provide assurances and makes no representations or warranties as to the timing or price terms for any purchase or sale of early-stage company equity. Nothing contained in this email constitutes investment, legal, tax or other advice. No information or statements contained in this email should be relied upon in making an investment or different decision. You should review all risks and consult all applicable professionals when making any investment decisions. Information and statements contained within this email and any attachments are solely for informational purposes and does not constitute an offer to sell or a solicitation to buy any securities.
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