iink - About the company
iink is a series A company based in Tampa (United States), founded in 2017 by Thomas McGrath. It operates as a Platform streamlines property insurance claim payments and multi-party check processing. iink has raised $19M in funding from investors like Headline, Grand Ventures and Motivate Venture Capital. The company has 12 active competitors, including 3 that are funded. Its top competitors include companies like Truss, Suppli and Lilypad Insurance.
Company Details
Platform streamlines property insurance claim payments and multi-party check processing. It offers a digital payment network designed to help restoration professionals get paid efficiently after an insured property loss. The platform facilitates remote deposits, multi-party check capture, and electronic signatures. It also manages coordination with mortgage companies and provides tools for tracking check status and direct deposit of funds to stakeholders.
- Website
- iink.com
- Email ID
- *****@iink.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2017
Location
Tampa, United States
Stage
Series A
Total Funding
$19M in 4 rounds
Latest Funding Round
Ranked
3rd among 12 active competitors
Employee Count
57 as on Sep 30, 2026
Legal entities associated with iink
iink is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
IINK, CORP CIN: 822698487 , United States, Active | Dec 31, 1999 | - | 24 (As on Dec 31, 2024) | - |
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iink's funding and investors
iink has raised a total funding of $19M over 4 rounds. Its first funding round was on Mar 18, 2022. Its latest funding round was a Series A round on Jul 03, 2023 for $*****. 4 investors participated in its latest round. iink has 13 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of iink:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 03, 2023 | 6944420 | Series A | 2087265 | 2527021 | 2570837 | 2588991 |
Nov 01, 2022 | 6058776 | Seed | 2485496 | 8699223 | 3141787 | |
May 03, 2022 | 5201836 | Conventional Debt | 4271244 | 1268996 | 5123744 | 9194296 |
View details of iink's funding rounds and investors
iink's founders and board of directors
Founder? Claim ProfileThe founders of iink is Thomas McGrath. Thomas McGrath is the CEO of iink.
Here are the details of iink's key team members:
- Thomas McGrath: Co-Founder & CEO of iink. They serve on the board of 1 company.Contact Info: 1 email address
View details of iink's Founder profiles and Board Members
iink's employee count trend
iink has 57 employees as of Sep 26. Here is iink's employee count trend over the years:
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iink's Competitors and alternates
Top competitors of iink include Truss, Suppli and Lilypad Insurance. Here is the list of Top 10 competitors of iink, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Truss 2021, San Francisco (United States), Series A | Payment platform for contractors | $4.77M | 40/100 | |
2nd | Suppli 2020, Austin (United States), Seed | Provider of accounts receivable automation platform for construction suppliers and distributors | $3.1M | 38/100 | |
3rd | iink 2017, Tampa (United States), Series A | Platform streamlines property insurance claim payments and multi-party check processing | $19M | 37/100 | |
4th | Lilypad Insurance 2024, Sarasota (United States), Unfunded | Provider of claim management solutions | - | - | 36/100 |
5th | Onramp 2020, Chicago (United States), Funding Raised | Payment infrastructure platform designed for financial transactions between carriers and merchants in the trucking industry | - | 25/100 | |
6th | Resto Pros 2023, San Jose (United States), Unfunded | Provider of home damage insurance claim solutions | - | - | 24/100 |
7th | ClaimTally 2024, Sarasota (United States), Unfunded | AI-powered solutions for recovering undervalued property insurance claims | - | - | 24/100 |
8th | Claimly 2022, New Orleans (United States), Funding Raised | Provider of insurance claims supports solutions | - | 22/100 | |
9th | Loggerhead Insurance 2022, Westmont (United States), Unfunded | Provider of claim management solutions | - | - | 22/100 |
10th | RecordSet 2019, Walnut (United States), Unfunded | SaaS and app-based property insurance claims support platform | - | - | 19/100 |
Looking for more details on iink's competitors? Click here to see the top ones
iink's Investments and acquisitions
iink has made no investments or acquisitions yet.
Reports related to iink
Here is the latest report on iink's sector:
News related to iink
•
•
iink Raises $12 Millon in Series A Financing RoundRoofing Contractor•Oct 20, 2023•iink, Motley Fool Ventures, Chartline Capital Partners, SilverCircle and 1 other
•
iink Payments Raises $3.0M in Seed II FundingAI Express•Nov 03, 2022•iink, Grand Ventures, Springtime Ventures, Simplex Investments and 1 other
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VC fund leads $3M investment in platform that expedites property insurance claim paymentsMiBiz•Nov 02, 2022•Grand Ventures, iink, Springtime Ventures, Simplex Investments and 3 others
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iink Payments Raises $3.0 MM in Seed II to Streamline P&C Claims Payments for the Insurance Restoration IndustryGlobeNewswire•Nov 01, 2022•iink, Grand Ventures, Springtime Ventures, Simplex Investments and 2 others
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iink Payments Raises $2.8M in Seed FundingFinSMEs•Mar 21, 2022•iink, Motivate Venture Capital, Green Egg Ventures, CFV Ventures and 2 others
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