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// recover.systems / investors

Seed Round Overview

Operational Snapshot, Market Position, Financials, and Growth Strategy

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// talking points

Essential Investor Talking Points

Key insights for discussing our market opportunity and growth strategy

Market Gap

$900B industry with no operating system

Product Fit

Built by restoration operators for restoration operators

Traction

Dozens of offices onboarding; pipeline > 200

Profitability

Breakeven in six months, cash-flow positive after

Business Model

SaaS + Rails (Marketplace + Payments + Financing)

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// market opportunity

Unlocking the $900B U.S. Reconstruction Market

Understanding market size, industry dynamics, and strategic positioning

Market Size

TAM

$900B+

U.S. reconstruction / restoration spend

SAM

$65B

North America Managed Repair Claims

SOM

$10B

Reachable with Recover's current model

Industry Insight

  • 90% of built-environment spend is repair, not new build
  • Industry still operates on disconnected tools and manual compliance

Positioning

Verisk=Pricing / Estimating Solutions
Cotality=Fragmented Proptech Ecosystem
Recover=Sequential, Connected Job Completion Platform For Restoration Exclusively
04 / 13
// financials

Fundraising & Financial Overview

Key Metrics Driving Growth and Investment Potential

Company

Recover Inc.

Stage

Revenue-generating SaaS / rails platform

Round

Pre-Seed SAFE

Funding Target

$3M

Valuation Cap

$15M

Discount

20%

Use of Funds

Compliance, Support, Security

Runway

18 Months

Breakeven

Month 12

ARR Month 12

~$6M

ARR Month 15

~$10M

Enterprise Value (12x)

$120–150M

Dilution

~20–25%

Close Date

Rolling

05 / 13
// unit economics

Unit Economics per Restoration Franchise

One-customer view of job fees, marketplace take rates, and spend assumptions

1

Customer Overview & Key Assumptions

Avg franchise revenue

$5.5M / year

Materials spend

20% of revenue

Subcontractor payments

30% of revenue

Platform fee

$5K / month per office

2

Job-Based Marketplace Revenue

Materials ordered via platform3.5% take rate
Subcontractor payments processed2.5% take rate
Marketplace revenue estimate$49,000 / year per client
3

Customer Economics & Acquisition

CAC

$770

Cost to Onboard + Train

$1,200

Onboarding cycle

1 mo initial / 3 mo mature

Churn

< 10%

CAC + CTO is recovered by time of completed onboarding maturity. Churn is less than 10% due to significant time and capital investment upfront.

06 / 13
// product architecture

Product Architecture

Explore the layers powering workflows, management, insights, commerce, and predictive intelligence

LayerFunctionPrimary User
FieldCapture, record, and document site conditions and data in real timeTechnicians / Laborers
FrontlineTechnician workflow: guided inspection, moisture data, photo capture, psychrometrics loggingField Techs
RidgelineJob management + compliance tasks + estimate export (Xactimate/Symbility)PMs / Coordinators
AlpineExecutive dashboards: financials, performance, complianceOwners / Carriers
Marketplace + CashCommerce + financing rails (materials, labor, job funding)Contractors / Suppliers
Intelligence GraphPredictive data spine for cost, drying time, and risk modelsRecover Platform Core
07 / 13
// competitive landscape

Competitive Differences

Comparing Market Focus, Workflow, Data, Monetization, User Base, and End Value

AxisCotalityVeriskRecover
MarketDesign / RemodelEnterprise ConstructionRestoration / Reconstruction
WorkflowLead → Design → InvoicePre-Con → RFI → CloseoutLoss → Mitigation → Compliance → Rebuild
DataMarketing metricsRFIs / DocsField telemetry & compliance signals
MonetizationAds + Low-SaaSSeat LicensesSaaS + Marketplace + Financing
Core UserHomeownerGC / PMTechnician → Carrier
End ValueLeads / VisibilityProject OversightVerified Outcomes + Payment Accuracy
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// legacy replacement

Legacy Stack Replacement

Compare legacy costs with Recover's all-in-one $5K solution that eliminates admin labor and generates profit

Legacy Stack

CRM / Job Mgmt / Compliance / Scheduling$1.4–2.6K / month
Admin Labor20 hrs × $50 × 20 jobs = $20K
Recover Fee

Recover

CRM / Job Mgmt / Compliance / SchedulingIncluded in $5K plan
Admin LaborCompletely eliminated
Recover Fee$5K / month → profit center
“Legacy apps charge $2,000 combined to give you another dashboard. Recover charges $5,000 to double the productivity of your $50,000 payroll.”
09 / 13
// growth

Revenue + Customer Growth

Key Monthly Metrics Highlighting Breakeven and Cash Flow Trends (Not Counting Marketplace Rev)

MonthOfficesMRR ($K)Notes
1820 (Beta)Earliest clients paying deep discounts currently. Contracted price raises tied to milestones.
630180First clients reaching operational maturity — purchasing 70%+ of materials through Recover and paying 50% of subcontractors through Recover.
950300All clients onboarded within first six months have reached maturity; training cycle compressed due to best practice implementations.
1280475Sales velocity increases due to Paul Davis use case leverage, expansion into competitive franchise networks, broader Verisk Integration, onboarding cycle reductions.
18120800Paul Davis network replacement of Cotality products due to contract end, margin expansion due to volume discounts on repeat items.
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// fund allocation

Strategic Allocation of Funding

Detailed breakdown of investment priorities and expected outcomes

Category%Outcome
Engineering & Product35%Cash v1, Marketplace v1, Graph v2
Growth & Onboarding25%Boot Camp → 100 offices
Compliance & Carrier Liaison20%Recover File pilot + Adjuster dash
Infrastructure & Ops15%Servers + Legal + Admin
Reserve Buffer5%Liquidity insurance
Total100%15 mo runway, profitable by month 12
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// execution plan

Execution Plan

Quarterly priorities and key deliverables aligned to accelerate expansion and funding milestones

QuarterCore FocusDeliverables
Q1 2026Product Polish + Begin RaiseCash v1, Marketplace v1 live in five offices with primary team.
Q2 2026Onboarding Acceleration24 active offices; Boot Camp program scaled, Carrier Pilots Open.
Q3 2026Compliance ExpansionMature Verisk Integration + Live Carrier Acceptance of Recover File.
Q4 2026Marketplace ScaleSupplier APIs + Transaction volume >$5M/mo.
Q1 2027Financing FlywheelRecover Cash yield >$2M revenue; prepare Series A.
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// investor questions

Key Investor Questions

Clear answers to common investor concerns for confident engagement

Why only $3M?

Enough to reach profitability + 100 offices without dilution; self-funded beyond.

How do you defend the $5K price?

It replaces 6 tools and 20 hours of labor per job — Recover is a profit engine.

Competition?

Verisk/Cotality = Embedded Powers with sizable gaps in service offering that they're not closing.

Gross margin?

~70% software, >80% by month 9 with rails margin.

Exit path?

CoreLogic / Verisk / ServiceTitan / Procore / PE (Vista, Accel-KKR).

Why now?

IICRC standards + carrier pressure = timing window for compliance automation.

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Recover is the operating system for restoration and reconstruction. A trillion-dollar industry still runs on phone calls and Excel. We built Recover to replace that friction with a guided, compliant, data-driven workflow that connects field techs, project managers, and carriers. Our Marketplace and Recover Cash turn every job into a transaction stream, making the platform self-funding. We're raising $3M on a $15M cap SAFE to reach 100 offices, $6M+ ARR, and profitability in 2027. By next year, Recover will be the default standard for restoration workflows throughout the Paul Davis network and an emerging option in competing Franchise networks.

Ready To Invest?