Online roof replacement start-up raises angel funding

By Kathleen Gallagher of the Journal Sentinel
NexVex Inc., a Milwaukee online roof replacement marketplace, said Thursday it has raised $100,000 from individual angels in an initial financing round.
NexVex would help homeowners, particularly in the aftermath of a storm, get multiple bids from roofing contractors in days, rather than the weeks it would normally take, said William Bazeley, co-founder and chief executive officer.
“We’re trying to make it both efficient and cost-effective for homeowners and contractors after an event occurs,” Bazeley said. The company is also solving a need in the property insurance industry to help customers find a contractor quickly after an event, he added. more>