Running a Shop Operations Technology Estimating Insurers+DRPs Mobile

Snapsheet Secures $10 Million in Funding, Hires Executive

Order Reprints

Dec. 9, 2013—Snapsheet, a mobile application suite that helps insurers with the vehicle estimating process, announced $10 million in second-round financing last week.

Snapsheet aims to reduce the cycle time and cost per claim through estimation by photo.

In addition to securing funding, the Chicago-based company also announced the hiring of David Bauer, a 30-year insurance technology industry veteran, as its chief operating officer.

"For the past two years, Snapsheet has alleviated a pain point for insurance carriers by simplifying and speeding up the claims process, and this new round of funding will help us continue to innovate," said Brad Weisberg, co-founder of Snapsheet. "With David's expertise, we can scale even more rapidly and add more insurance companies to our app portfolio."

Snapsheet plans to use the $10 million in funding to add technology and insurance talent to its growing team in Chicago.

Related Articles

ASA announces 2010 collision division committee members

CCC ONE Mobile Estimating App Now Available

CCC Repair Workflow Now in 5,000 Shops Nationwide

You must login or register in order to post a comment.