# Billy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/billy

- Industry: Software
- Headquarters: Brooklyn, US
- Website: www.billyforinsurance.com
- Total disclosed funding: $4.6M
- Latest round: Seed (Apr 5, 2023)
- Investors on record: 12

## About

Based in New York, US, and founded in 2020 by CEO Nyasha Gutsa and Grant Robbins, BuildAP, Inc., d.b.a. Billy operates as an insurance technology company that develops a digital platform exclusively for carriers catering to the specific needs of construction businesses. The platform uses job data and standardized requirements to tailor-fit coverage. In April 2023, BuildAP, Inc. raised USD 2.5 million in venture funding co-led by Entrada Ventures and returning investor MetaProp, with participation from Central Coast Ventures, LLC and Gaingels Syndicate.

The company provides a SaaS platform that collects, verifies, and tracks compliance documents like business licenses and W9 forms for general contractors, developers, and property managers. The platform also allows users to request certificates of insurance from subcontractors that provide them a direct upload link, set individual project insurance requirements and verify associated certificates side by side with project limits, and more.

Billy plans to use its proceeds from April 2023 funding to accelerate sales and increase customer retention.

## Funding rounds

- Seed, Apr 5, 2023, $2.5M — MetaProp, Plug and Play, Entrada Ventures, Coelius Capital, Gaingels, Central Coast Ventures, WeWork Alumni Fund, Subscription Ventures
- Seed, Sep 7, 2021, $2.1M — Laguna Canyon Capital, MetaProp, Shadow Ventures, Hustle Fund, Global Village, Coelius Capital

## Investors

- Laguna Canyon Capital (https://capitalatlas.ai/funds/laguna-canyon-capital) — Seed
- MetaProp (https://capitalatlas.ai/funds/metaprop) — Seed
- Shadow Ventures (https://capitalatlas.ai/funds/shadow-ventures) — Seed
- Hustle Fund (https://capitalatlas.ai/funds/hustle-fund) — Seed
- Global Village — Seed
- Coelius Capital (https://capitalatlas.ai/funds/coelius-capital) — Seed
- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Seed
- Entrada Ventures (https://capitalatlas.ai/funds/entrada-ventures) — Seed
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Seed
- Central Coast Ventures (https://capitalatlas.ai/funds/central-coast-ventures) — Seed
- WeWork Alumni Fund (https://capitalatlas.ai/funds/wework-alumni-fund) — Seed
- Subscription Ventures — Seed