Homeowner Claims Support Platform Tugboat Closes $3M Seed Round

Tugboat, a consumer insurance platform that helps homeowners with property damage and insurance claims, announced an oversubscribed $3 million in seed funding to scale its platform and offer expanded claim support for homeowners.

The round was led by ResilienceVC with participation from South Dakota First, gener8tor, Sure Ventures, Acumen America and other investors.

Tugboat was founded by former insurance adjusters Cameron Mooney and Aaron Mooney. The company gives homeowners access to information used by carriers use to manage their exposure for $99 per year.

The platform is managed by an agentic AI pipeline, and it analyzes carrier correspondence, generates denial disputes and regulatory filings, and delivers guidance. The service includes letter writing, denial challenges, estimate comparison, negotiation guidance and support from first contact through final payment.

The Simi Valley-based company said the funding will support: building a fully integrated platform with API connections to major property management systems; accelerating embedded business-to-business distribution through partnerships with multifamily property owners, lenders, and restoration networks; and sustaining Tugboat’s free disaster-response program, which activates during designated disaster events with no membership required.