PreFix Inc.

About PreFix Inc.

PreFix is a tech-enabled service that eliminates the hassles of home ownership, saves homeowners up to 50% off home maintenance costs, and creates a data-driven “operating system” for the home. A fully trained, dedicated Home Manager fixes most things for a low copayment. Seasonal preventive maintenance on all appliances and systems is included, which pays for the cost of the service on its own. For only the most complex repairs we use our vetted contractors at low, negotiated rates with no mark up. Other home-related products and services are now being distributed on the basis of this trusted homeowner relationship and proprietary home-related data.

Tagged with

InsurTechReal EstateProperty ManagementBig Data & Analytics

Team

James Bilodeau

Founder

Problem statement

Homeowners are are confronted with a broken process when any issues arise in their home: a short supply of contractors that frequently won't call back, service windows and waiting, no way to know if their getting the best price, and no knowledge of what ongoing preventive maintenance needs to be done (vs. what is just an "upsell" opportunity by commission-based contractors).

Insurers face a conundrum between the need to raise premiums in the face of heightened catastrophic risks and the inability of customers to keep absorbing these cost increases.

Milestones

January 2025

USAA Co-Branded Commercial Launch

After successful 5,000 home pilot in four cities, PreFix signed agreement with USAA for fully co-branded commercial partnership. USAA pays for all marketing costs and subsidizes 20% of their members subscriptions in distributing the PreFix service to an initial 30,000 homes. This partnership will launch in other states starting in Q2. This was an important milestone not only the company’s relationship with USAA but also it develops relationship with other insurers.

Updates

Profile created.

Added over 3 years ago