Mark Whatley
CEO
S
sureti
sureti is a digital payment platform that facilitates property claim payments by eliminating the need for paper checks and lenders, thereby reducing processing costs and enhancing policyholder satisfaction. The platform offers real-time tracking and multi-party endorsements, ensuring timely and transparent fund distribution for reconstruction projects.
- Enterprise Software
- Financial Technology
- Software Only
Updated 7 months ago
Funding
Raised to date
$1.5MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Funding rounds are not available yet.
Founders
Product
Problem
The traditional property claim payment process involves paper checks, multiple parties (including lenders), and manual processes, leading to delays, increased costs, and reduced satisfaction for policyholders and contractors. This outdated system creates inefficiencies in fund distribution and reconstruction project management.
Solution
Sureti is a digital payment platform designed to streamline property claim payments by eliminating paper checks and automating multi-party endorsements. The platform facilitates real-time tracking of funds and ensures transparent distribution for reconstruction projects. By removing lenders from the payment process and offering a comprehensive payment platform, Sureti reduces processing costs, accelerates payment cycles, and enhances the overall experience for both policyholders and contractors. The platform also includes features for reconstruction validation, such as geo-spatial image capture and a built-in chat feature for improved communication and transparency.
Target Audience
Sureti's primary customers are insurance carriers and restoration contractors seeking to streamline property claim payments, reduce administrative costs, and improve policyholder satisfaction.
Features
- Digital multi-party endorsement for efficient fund distribution.
- Real-time payment tracking and transparent fund management.
- Integrated "sureti chat" feature for enhanced communication.
- Geo-spatial image capture for reconstruction validation.
- Direct electronic deposits for contractors.
- Elimination of paper checks and associated expenses.
- Lender bypass to expedite payment processing.