# CaptainHQ

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

- Industry: Financial Services
- Headquarters: Walnut Creek, US
- Website: www.captainhq.com
- Total disclosed funding: $4M
- Latest round: Seed (Mar 24, 2022)
- Investors on record: 3

## About

Founded in 2021, and based in California, US, CaptainHQ Inc. is a fintech company that uses financing technologies to connect policyholders, insurance providers, and contractors. In March 2022, CaptainHQ Inc. raised USD 100 million in venture debt financing led by CoVenture. Demetrius Gray is the founder and CEO of the company and employs 9 people.

The company's lending tool provides an approach to storm recovery to ensure policyholders get their repairs done after natural disasters by advancing money to their contractors to pay for materials, labor, and fees associated with repairs.

The organization plans to use the March 2022 funding to expand its sales and engineering teams and round out its leadership team with new hires for roles, including vice president of engineering, head of growth, and head of talent.

## Funding rounds

- Seed, Mar 24, 2022, $4M — Granite Asia, Red Swan Ventures, NFX

## Investors

- Granite Asia (https://capitalatlas.ai/funds/granite-asia) — Seed
- Red Swan Ventures (https://capitalatlas.ai/funds/red-swan-ventures) — Seed
- NFX (https://capitalatlas.ai/funds/nfx) — Seed