What is ClaimForce?
ClaimForce, Inc. operates the largest independent appraiser network across the United States, boasting over 22,000 vendor locations. The company provides high-quality appraisal services to the insurance industry, offering a suite of Auto and Property appraisal solutions. Key offerings include reinspection services, claims audit (desk review) services, and the ClaimForce Total Loss Compliance tool, which delivers state-mandated tax and fee information for total loss auto claims. ClaimForce is dedicated to automating and simplifying claims-related workflows for its insurance clients, often summarized by their ethos, "Let ClaimForce do it." The company is headquartered in Vernon Hills, Illinois.
How much funding has ClaimForce raised?
ClaimForce has raised a total of $650K across 1 funding round:
Unspecified
$650K
Unspecified (2012): $650K with participation from MK Capital
Key Investors in ClaimForce
MK Capital
MK Capital is an early and growth-stage venture capital firm with nearly $300 million in assets under management, specializing in software and technology companies. With a focus on strategic collaboration, the firm provides funding, mentorship, and operational support to entrepreneurs.
What's next for ClaimForce?
With the infusion of major enterprise-level funding and a recent strategic investment, ClaimForce is poised for significant advancements. The company's focus on automating claims workflows and providing comprehensive appraisal services positions it for continued leadership in the insurance tech space. Future developments are likely to involve expanding its network reach, enhancing its technological offerings, and potentially exploring new service verticals within the claims processing ecosystem. This capital injection will be instrumental in scaling operations and solidifying its competitive advantage.
See full ClaimForce company page
