# iink

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

- Industry: Financial Services
- Headquarters: Tampa, US
- Website: www.iink.com/
- Total disclosed funding: $19M
- Latest round: Series A (Jul 3, 2023)
- Investors on record: 11

## About

Based in Florida, US, and founded in 2017, and founded by CEO Tom McGrath, and iink Corp., formerly iink Endorsements, LLC is a fintech company that offers a digital payments solution for insurance restoration work. In October 2023, iink Corp raised USD 12 million in series A funding led by new investor Headline, with participation from other new investors Chartline Capital Partners, Motley Fool Ventures, and SilverCircle. Other unspecified investors also participated in the round.

The company offers a homeowner’s claim and endorsement management platform that brings together property owners, public adjusters, contractors, mortgage banks, and other involved entities to carry on the restoration process faster with a better payment facility. The various solutions the firm offers are iink verified + ink pay, iink pro, and iink advance funding.

The company generates its revenue by charging for its solutions such as USD 299 for iink verified + ink pay, 1% of the claim amount for iink pro, and 1.95% for iink advance funding.

The company plans to use the seed funding to grow its existing network and double down on integrations that allow for seamless communication between iink and the core systems of both their carrier and banking partners.

## Funding rounds

- Series A, Jul 3, 2023, $12M — Headline, Chartline Capital Partners, Motley Fool Ventures, SilverCircle
- Seed, Oct 19, 2022, $4.2M — Grand Ventures, Green Egg Ventures, Springtime Ventures, Motivate Venture Capital, Simplex Ventures
- Seed, Mar 18, 2022, $2.8M — Green Egg Ventures, CFV Ventures, IU Ventures, Motivate Venture Capital

## Investors

- Green Egg Ventures (https://capitalatlas.ai/funds/green-egg-ventures) — Seed
- CFV Ventures (https://capitalatlas.ai/funds/cfv-ventures) — Seed
- IU Ventures — Seed
- Motivate Venture Capital (https://capitalatlas.ai/funds/motivate-venture-capital) — Seed
- Grand Ventures — Seed
- Springtime Ventures (https://capitalatlas.ai/funds/springtime-ventures) — Seed
- Simplex Ventures (https://capitalatlas.ai/funds/simplex-ventures) — Seed
- Headline (https://capitalatlas.ai/funds/headline) — Series A
- Chartline Capital Partners (https://capitalatlas.ai/funds/chartline-capital-partners) — Series A
- Motley Fool Ventures (https://capitalatlas.ai/funds/motley-fool-ventures) — Series A
- SilverCircle (https://capitalatlas.ai/funds/silvercircle) — Series A