Tech Company Financing Transactions
Yembo Funding Round
Yembo, based in San Diego, scored $8.5 million from Imagen Capital Partners and private investors.
Transaction Overview
Company Name
Announced On
4/23/2021
Transaction Type
Venture Equity
Amount
$8,500,000
Round
Series A
Investors
Imagen Capital Partners (Lead Investor) (Chris Barrow)
Proceeds Purpose
The company will use the proceeds to further advance its efforts towards the moving and relocation sector, while also developing and leveraging current technology to support the insurance industry with specific focus towards interior claims processing and underwriting applications.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
4445 Eastgate Mall 200
San Diego, CA 92121
USA
San Diego, CA 92121
USA
Phone
Website
Email Address
Not Recorded
Overview
At Yembo, we are bringing a digital shopping experience to all home services (moving, insurance, painting, etc.). We are using software and computer vision based artificial intelligence to eliminate the super analog process - waiting for a trained estimator to visit your home to count furniture or measure your floors and walls.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Siddharth Mohan
Founder
Zach Rattner
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We do our best to report on every notable VC transaction. All VC database entries reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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