Bolster
Bolster’s aims to transform the $150 Bn home remodeling industry with a new model of financial protection, efficiency and transparency.
- Stage Full Product Ready
- Industry Consumer Products
- Location New York City, NY, USA
- Currency USD
- Founded January 2012
- Employees 7
- Website getbolster.com
Company Summary
In partnership with specialty insurance institutions, which will underwrite general contractors, Bolster allows homeowners to insure their home remodeling projects against: The misuse of advance payments; Shoddy workmanship; Post-completion defects; Fly-by-night contractors; The “never ending” project and Contractors going bust. In addition to underwriting contractors and guaranteeing projects, Bolster is creating a better customer experience.
Team
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Fraser PattersonFounder & CEO
Scottish entrepreneur with two decades of international experience in construction, education and building startups. Fraser is the Co-founder and former CEO of OnisVida, our sister company in Mexico. During his tenure with OnisVida, Fraser successfully designed and implemented the Bolster business model and contractual framework and secured Infonavit (Latin America´s largest mortgage lender) as a client and HSBC and Aserta as partners.
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Mike FranceCOO
Until very recently Mike was Managing Director of Raptor Accelerator, part of Raptor Group in New York. He is an experienced operating professional and has been an active participant in the private equity and venture capital industry for the past seven years, having led major projects and initiatives in the hospitality, consumer product, retail and industrial sectors.
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Gene RhoughGC & SVP Bus-Dev
Gene is involved in business strategy and development and oversees all of the company's legal activities. He has over 15 years of experience representing technology, Internet and media companies (including Napster, Inc. MTV Networks and Time Warner Inc.) in a wide range of IP, corporate and commercial matters. He has a B.S. in Electrical engineering from M.I.T. and a law degree from Harvard.
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