Tugboat, a consumer insurance platform that helps homeowners with property damage an
d insurance claims, announced an oversubscribed $3 million in seed funding to scale its platform and offer expanded claim support for homeowners.
The round was led by ResilienceVC with participation from South Dakota First, gener8tor, Sure Ventures, Acumen America and other investors.
Tugboat was founded by former insurance adjusters Cameron Mooney and Aaron Mooney. The company gives homeowners access to information used by carriers use to manage their exposure for $99 per year.
The platform is managed by an agentic AI pipeline, and it nalyzes carrier correspondence,
generates denial disputes and regulatory filings, and delivers guidance. The service includes letter writing, denial challenges, estimate comparison, negot
iation guidance and support from first contact through final payment.
The Simi Valley-based company said the funding will support: building a fully integrated, partner-ready platform with API connections to major property management systems; accelerating embedded business-to-business dist
ribution through partnerships with multifamily property owners, lenders, and restoration networks; and sustaining Tugboat’s free disaster-response program,
which activates during designated disaster events with no membership required.
Eight people have been charged with conspiring to impersonate shipping carriers in a multimillion dollar theft scheme that operated throughout the Northeast between October 2025 and April 2026.
The eight defendants allegedly stole nearly $5 million in goods from logistics sites in Pennsylvania
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, Virginia and New Jersey. They then allegedly diverted the stolen goods to New York City for sale on the black market.
In total, they allegedly committed six thefts and stole $165,000 worth of lamb; $432,000 worth of ch
eese; $295,000 worth of beef; more than $266,000 worth of copper; and more than $3.3 million of cigarettes.
Manhattan District Attorney Alvin L. Bragg, Jr., New York City Police Department Commission
er Jessica S. Tisch, and Commissioner of the NYC Business Integrity Commission Asim Rehman announced the 21-page indictment that was filed in the state Supreme Court for New York County.
“We allege these defendants operated a wide-ranging and brazen, multimillion-dollar intersta
te retail theft conspiracy that impacted businesses and consumers around the country,” said Distric
t Attorney Bragg. “We believe that many small businesses were harmed by this theft, some of which may not be able to recover from their financial losses.”
