Tugboat: Funding, Investors & Team (Oct 2026)
Tugboat offers online claim support tools to homeowners and business owners with property insurance claims. Empowering policyholders to advocate for coverage, dispute denials, and settle for more.
Tugboat has raised $5.8M across 2 funding rounds on record, the most recent a Seed of $3.0M announced in Jun 2026.
That round is below the $15M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Tugboat Company Profile and Key Stats
Latest funding round on record: Jun 2026.
Tugboat Funding Rounds
Tugboat raised $2.8M in an undisclosed round announced in May 2026.
1 month later, a Seed of $3.0M was announced in Jun 2026.
Tugboat Founders and Leadership Team
Contact details for the Tugboat team: 1 has a LinkedIn profile.
Start 14-day free trial →Tugboat Funding Compared to Other Financial Services Startups
Tugboat's latest round of $3.0M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Tugboat Funding FAQs
What does Tugboat do?
Tugboat offers online claim support tools to homeowners and business owners with property insurance claims. Empowering policyholders to advocate for coverage, dispute denials, and settle for more.
How much funding has Tugboat raised?
Tugboat has raised $5.8M across 2 rounds on record. The most recent is a Seed of $3.0M announced in Jun 2026.
When did Tugboat last raise funding?
Tugboat's most recent funding round on record is a Seed of $3.0M, announced in Jun 2026.
Who founded Tugboat?
FundedIQ lists Dave Whorton (Founder) at Tugboat.
Where is Tugboat headquartered?
Tugboat is based in Grand Forks, North Dakota, United States.
How many employees does Tugboat have?
Tugboat is in the 1-10 employee band.
How does Tugboat's funding compare to other Financial Services startups?
Tugboat's latest round of $3.0M is below the $15M median round size for Financial Services companies on FundedIQ across 5,751 tracked companies over the last two years.
About FundedIQ's Tugboat Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Tugboat is left off this page rather than filled in.
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