Business Name: Homebound
Founders: Jack Abraham, Nikki Pechet (CEO)
Equity Raised: $53 mil Estimated 2019 revenue: $10 mil
Lead investors: Atomic, Fifth Wall, Thrive Capital
After devastating wildfires ripped through California’s wine country (where Abraham and Pechet each have homes) in 2017, the cofounders started Homebound in nearby Santa Rosa to help other homeowners rebuild—managing each step from building permits and insurance claims to design and construction. “As we watched people try to navigate the process and the complexity of everything they had to do to build a home, we knew there were really simple technology tools that were used in other industries that could make the process simpler,” says CEO Pechet, 38. Today Homebound is rebuilding 150 homes lost to fires.