Tugboat raises $2.8 million for home insurance claim platform

Tugboat , a startup focused on helping homeowners navigate insurance claims and identify coverage gaps, raised approximately $2.77 million as part of a $4 million offering, according to a recent SEC Form D filing.

The company, founded in 2023 and based in Grand Forks, North Dakota, reported 10 investors in the offering as of May 15, 2026. The filing lists Cameron Mooney as CEO.

Tugboat positions itself as a consumer advocacy and insurance support platform. It offers homeowners guidance before, during, and after property insurance claims, including help with denied claims, underpaid settlements, contractor estimate comparisons, and claim-related documentation.

Tugboat offers three pricing tiers centered around home insurance coverage reviews and claim support.

The company’s core Home Protection membership costs $99 per year and includes policy reviews, home inventory tools, ongoing support, and online claim assistance. Tugboat positions the service as a way for homeowners to identify coverage gaps before filing a claim.

For homeowners actively dealing with a claim, Tugboat offers Claim Support priced at $198, consisting of a $99 onboarding fee for existing claims plus a $99 annual membership. The service includes help writing letters to insurers, estimate reviews, documentation guidance, and access to claims experts.

Tugboat also offers a free Disaster Recovery tier for homeowners impacted by federally declared disasters. Eligible users receive 60 days of claim support at no cost, after which the membership renews at $99 annually.