FairClaims
Latest round
- Seed
Last raised
- Dec 2017
Total raised
- $0.3M
Investors
- 2
About FairClaims
FairClaims, Inc.FairClaims specializes in online dispute resolution, offering services designed to streamline the arbitration process. Founded in 2014 in Los Angeles, US, the company has evolved its operations to provide efficient arbitration solutions. The founder, John Boese, has a history in the tech and legal sectors, facilitating the development of FairClaims.28 mn.FairClaims specializes in online dispute resolution, providing an efficient alternative to traditional court proceedings. The company offers two primary services: Small Claims Arbitration for disputes valued under USD 25,000 and FastTrack Arbitration for larger claims with no upper limit. These services allow users to resolve their disputes entirely online, utilizing a structured process that includes submitting evidence and participating in live hearings conducted by qualified arbitrators. FairClaims aims to facilitate quicker resolutions, typically within weeks for smaller claims and around 90 days for larger disputes, making the service appealing to individuals and businesses looking for a more streamlined resolution process.FairClaims generates revenue through its online arbitration services, with a structured transaction model that includes fee-based pricing for each case initiated. The company charges clients for the arbitration process, which involves a fixed fee structure depending on the type and value of the dispute. For Small Claims Arbitration, users engage in a streamlined process that culminates in a legally binding decision issued by an arbitrator, while FastTrack Arbitration caters to more complex cases with flexible rules for resolution. The fees associated with each service reflect the efficiency and expertise of FairClaims’ top-tier arbitrators, ensuring that clients receive quality resolution services.FairClaims aims to enhance its service offerings by developing new products that are expected to be launched over the next year. The company is also exploring opportunities for expansion into international markets, particularly targeting regions in Europe and Asia by 2024.
Who invested in FairClaims
2 investors across 2 rounds
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Questions about FairClaims
Who invested in FairClaims?
FairClaims has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has FairClaims raised?
FairClaims has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did FairClaims last raise money?
FairClaims's most recent round on record is a Seed, in Dec 2017.
What does FairClaims do?
FairClaims is a software company.
Where is FairClaims headquartered?
FairClaims is headquartered in Los Angeles, US.
Which VCs invest in companies like FairClaims?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at FairClaims's stage. Their profiles are linked below.
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