DENVER, Oct. 15, 2024 (GLOBE NEWSWIRE) -- OneClick Data, Inc. (OneClick), the leading provider of data, analytics, and tools serving the intersecting needs of property and casualty insurance providers and construction professionals, announced today it has closed a $7.2 million financing, bringing the total investment in the company to $10 million. State Farm Ventures led the financing with participation from executives and investors specializing in insurance and claims management, construction cost estimation, construction operations, data acquisition and analytics, generative AI, and enterprise systems and infrastructure.
OneClick has experienced significant growth over the past year and now serves more than 1,300 customers including over 40 insurance carriers and suppliers. This includes several of the top 10 insurance providers in the industry and a growing base of thousands of active users each month. The newly secured funds will be used to expand OneClick's product suite, increase coverage across additional construction segments, and strengthen its partnerships and workflow integrations. These advancements will empower customers with a broader range of data, analytics, and insights to improve the speed and accuracy of cost estimation.
"Today's investment is a strong endorsement of our vision to become the industry standard for delivering fast and accurate building code requirements, permit requirements, ...
