Estify

SoftwareSeries AAgoura Hills, USestify.com

Latest round

Series A

Last raised

Sep 2016

Total raised

$8.6M

Investors

4

About Estify

Estify, Inc.Founded in 2012 by Charles Lukens in Agoura Hills, US, Estify, Inc. specializes in collision repair estimating solutions. The company has undergone no significant pivots in its business strategy since inception.Estify specializes in collision repair estimating software, primarily through its core product, Estify Transfer. This platform enables users to convert paper estimates into digital files, effectively eliminating the need for manual data entry, often referred to as rekeying. The process is user-friendly: clients upload a PDF of their estimate, select their estimating system, and specify the destination for the transferred digital file. Estify Transfer is designed to enhance workflow efficiency for collision repair shops, insurance carriers, and third-party administrators by streamlining the estimate conversion process.Estify's revenue model centers around the Estify Transfer service, which operates on a pay-per-upload basis, starting at USD 40 per estimate. This transaction structure typically involves straightforward business-to-business interactions, where clients, primarily collision repair shops and insurance carriers, pay for the conversion of their paper estimates into digital formats. The service is particularly valuable during high-demand periods, such as post-catastrophe events, when rapid processing of estimates is crucial. The company is focusing on developing new features within Estify Transfer to improve user experience and efficiency. Additionally, Estify is targeting expansion into new geographical markets within the US by the end of 2018, aiming to increase its footprint in the automotive repair sector.

Who invested in Estify

4 investors across 3 rounds

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Funding rounds

  1. Series A

    Sep 26, 2016

    Amount

    $6.3M

    Investors

    Locked

  2. Series A

    Oct 3, 2014

    Amount

    $1.5M

    Investors

    Locked

  3. Seed

    Jan 24, 2014

    Amount

    $0.8M

    Investors

    Locked

Questions about Estify

Who invested in Estify?

Estify has 4 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Estify raised?

Estify has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Estify last raise money?

Estify's most recent round on record is a Series A, in Sep 2016.

What does Estify do?

Estify is a software company.

Where is Estify headquartered?

Estify is headquartered in Agoura Hills, US.

Which VCs invest in companies like Estify?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Estify's stage. Their profiles are linked below.

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