SquareDash Revolutionizes Payment Advances in Property Insurance Restoration Industry
March 17, 2024, 1:58 pm
SquareDash, a Fort Worth-based payment advance platform for property insurance restoration, has secured over $20 million in funding to fuel its growth. Led by FINTOP Capital, this latest round of financing will propel SquareDash's mission to help roofing and restoration businesses get paid faster and thrive in a competitive market.
Founded in 2019 by U.S. Navy veteran Matt Fruge, SquareDash offers a unique solution to the cash flow challenges faced by roofing and restoration companies. By providing claim funding and subscription services, SquareDash enables entrepreneurs to streamline their billing, payment, and collections processes, ultimately allowing them to receive payment the same day they complete their work.
The recent funding round, which includes investors like Hivers and Strivers, The PenFed Foundation, i2BF Global, The Hustle Fund, and The Council, will support SquareDash in expanding its payment advance and subscription services, growing its team, and investing in sales and marketing efforts. This infusion of capital will further solidify SquareDash's position as a leader in the industry, empowering more businesses to succeed.
CEO and Founder Matt Fruge expressed gratitude for the support from investors, highlighting the company's commitment to helping entrepreneurs thrive. With a focus on innovation and customer success, SquareDash is poised to revolutionize the way roofing and restoration professionals manage their finances and grow their businesses.
In a market ripe for disruption, SquareDash stands out as a beacon of innovation, offering a much-needed solution to a longstanding problem. With a dedicated team and a clear vision for the future, SquareDash is set to make a lasting impact on the property insurance restoration industry, one payment advance at a time.
Founded in 2019 by U.S. Navy veteran Matt Fruge, SquareDash offers a unique solution to the cash flow challenges faced by roofing and restoration companies. By providing claim funding and subscription services, SquareDash enables entrepreneurs to streamline their billing, payment, and collections processes, ultimately allowing them to receive payment the same day they complete their work.
The recent funding round, which includes investors like Hivers and Strivers, The PenFed Foundation, i2BF Global, The Hustle Fund, and The Council, will support SquareDash in expanding its payment advance and subscription services, growing its team, and investing in sales and marketing efforts. This infusion of capital will further solidify SquareDash's position as a leader in the industry, empowering more businesses to succeed.
CEO and Founder Matt Fruge expressed gratitude for the support from investors, highlighting the company's commitment to helping entrepreneurs thrive. With a focus on innovation and customer success, SquareDash is poised to revolutionize the way roofing and restoration professionals manage their finances and grow their businesses.
In a market ripe for disruption, SquareDash stands out as a beacon of innovation, offering a much-needed solution to a longstanding problem. With a dedicated team and a clear vision for the future, SquareDash is set to make a lasting impact on the property insurance restoration industry, one payment advance at a time.