tradePRO Repairs, established in 2009 near Nashville, Tennessee, specializes in providing certified repair and replacement services for property damage claims. The company's mission is to deliver exceptional repair solutions and white-glove customer service to insurance carriers and their policyholders. tradePRO Repairs has evolved into an industry-leading network provider, offering a comprehensive portfolio of sourcing services that extend beyond traditional claims management.
Key Strategic Focus
tradePRO Repairs focuses on streamlining the insurance claim repair process by connecting homeowners and business owners with certified trade professionals. The company's core objectives include reducing the time from the first notice of loss to settlement and dynamically sharing information with clients and policyholders at every stage. Specializing in water, fire, and storm damage restoration, tradePRO Repairs utilizes a network of certified experts to provide custom turn-key solutions, implement claim processing technologies, and offer training and professional education for program members and claims adjusters.
Financials and Funding
As of the latest available data, tradePRO Repairs has an estimated annual revenue of $19.1 million and employs approximately 19 individuals. Specific details regarding funding history, recent funding rounds, notable investors, and capital utilization are not publicly disclosed.
Pipeline Development
tradePRO Repairs offers a range of services, including flooring repair, reconstruction, water mitigation, fire mitigation, and mold remediation. The company employs a structured process to ensure timely and efficient service delivery:
1. Contacting the client within one hour of claim referral.
2. Scheduling an inspection within eight business hours or at the client's earliest convenience.
3. Returning inspection information within 24 hours to complete an estimate and submit it to the insurance company for approval.
This approach aims to restore properties to their original condition as swiftly as possible.
Technological Platform and Innovation
tradePRO Repairs distinguishes itself through the implementation of claim processing technologies and a commitment to innovation in the insurance repair industry. The company offers custom turn-key solutions and provides training and professional education for program members and claims adjusters. While specific proprietary technologies and scientific methodologies are not publicly detailed, tradePRO Repairs' emphasis on certified professionals and efficient processes underscores its dedication to quality and innovation.
Leadership Team
The leadership team at tradePRO Repairs includes:
- Patrick Lees, President
- Geoffrey Lees, Chief Financial Officer
- Wriven Fu, Managing Director
- Jeremy Allen, Director of Recruiting
- Chuck Weeks, Director of National Vendor Recruitment
These executives bring a wealth of experience to the company, contributing to its strategic direction and operational excellence.
Leadership Changes
There are no publicly disclosed recent significant changes or appointments within the company's leadership team.
Competitor Profile
Market Insights and Dynamics
The property damage restoration industry is characterized by a growing demand for efficient and reliable repair services, driven by increasing occurrences of natural disasters and property damages. The market is competitive, with numerous companies offering similar services.
Competitor Analysis
Key competitors in the property damage restoration industry include:
- Premier + Storm Damage Experts: Offers storm damage repair services with an estimated revenue of $1.5 million and approximately 19 employees.
- Rain Gutter Experts: Specializes in gutter repair services, generating around $510,000 in revenue with a team of 3 employees.
- Nashville Restoration Pros: Provides restoration services with an estimated revenue of $702,000 and 2 employees.
- Ranger Recovery and Restoration: Focuses on recovery and restoration services, earning about $1 million in revenue with 5 employees.
- Ready Nation Contractors: Offers contracting services with an estimated revenue of $5.5 million and 22 employees.
These competitors vary in size and service offerings, contributing to a diverse and competitive landscape in the property damage restoration industry.
Strategic Collaborations and Partnerships
tradePRO Repairs collaborates with a network of certified trade professionals across the United States to deliver high-quality repair and replacement services. The company also partners with insurance carriers to provide seamless claim experiences for policyholders. Specific details regarding strategic collaborations and partnerships are not publicly disclosed.
Operational Insights
tradePRO Repairs differentiates itself through a commitment to certified professionals, efficient claim processing, and exceptional customer service. The company's structured process and emphasis on quality workmanship provide a competitive advantage in the property damage restoration industry.
Strategic Opportunities and Future Directions
tradePRO Repairs is positioned to capitalize on the growing demand for efficient and reliable property damage restoration services. By continuing to innovate in claim processing technologies and expanding its network of certified professionals, the company can enhance its market position and deliver superior service to clients and policyholders.
Contact Information
- Website: tradeprorepairs.com
- Social Media:
For more information, visit the company's official website or follow their social media profiles.
