ATLANTA, May 18, 2023 (GLOBE NEWSWIRE) — Westhill Global, a technology company providing an end-to-end digital experience for managing property damage repairs, today announced a $13.5 million preferred round of funding under the leadership of a large strategic company known investor.

Also participating in the round were existing investors Eos Venture Partners, Luge Capital and NYCA Partners. Westhill gains a strong position in the $50 billion managed repairs market by enabling homeowners to connect and work with world-class contractors to recover quickly from a property loss while reducing insurance carrier costs reduce.

The investment follows record growth at Westhill in 2022, a difficult economic environment that has seen many private companies struggle to raise capital.

“This financing confirms our new and existing investors’ belief that we are solving key issues on the journey of bringing homeowners back to normal after a property loss. By collaborating with our underwriter partners and our contractor network, while continuing to innovate.” “With our best-in-class technology platform, we’re adding significant value to stakeholders,” said Kevin Reilley, CEO of Westhill. “As we expand our relationships with top insurers and continue to grow our team, we will remain focused on delivering the best customer experience – one that is transparent and easy for both residential and commercial property owners across the United States.”

“Having led the Series A investment in Westhill in 2019, we are more excited than ever about the technology and ecosystem Westhill has built and are pleased that it is proving to be of value in the marketplace. With this additional investment, they will continue to innovate and push boundaries in the property repair space for the benefit of shippers, contractors and property owners,” said Jonathan Kalman, founding General Partner of Eos Venture Partners.

This latest round of funding will help Westhill continue…