The company is also building out some bonus adds, like billing and subscription management, so that users can start with off-the-shelf, white-label apps and then transition to more specialized offerings when needed, or when they want to control the full experience without interrupting its back end data or services.
The fintech company, founded in May 2021, came out of stealth mode Thursday with a lending tool aimed at bridging the gap between those policyholders, insurance companies and contractors so that a homeowner can choose a contractor and have repairs completed within 30 days versus 180 days.
Island, a Dallas-based startup that built a secure browser for the enterprise, has raised $115 million in a Series B round, valuing the company at $1.3 billion just weeks after emerging from stealth with $100 million in initial funding.