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Insurcomm, Inc. received a growth equity investment from Summit Partners to expand its national expansion strategy.

Feb 29, 2024•over 1 year ago
PortsmouthBuilding MaintenanceConstruction

Investors

Summit Partners

Description

Insurcomm, Inc. received a majority growth investment from Summit Partners. The amount of the deal was not disclosed. Summit Partners appointed Matt Hamilton, a Managing Director, and Andy Lee, Vice President, to the company’s Board of Directors

Company Information

Company

Insurcomm

Location

Portsmouth, England, United Kingdom

About

Insurcomm, Inc. is a rapidly growing provider of commercial and residential restoration services, offering a comprehensive range of property damage restoration services. It was founded in 1996 by Neil Robbins and is headquartered in Portsmouth, NH.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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