Press Release
Press Release
Press Contacts: Erik Cummins, Matt Hyams, Taina Rosa, Olivia Thomas
08.15.24
A team of Pillsbury lawyers led by Corporate partner Steve Ryan and senior law clerk Patrick Dolan advised Remi Labs, a sustainable roofing company, in its recent $21 million Series A financing round—boosting the company’s valuation to $90 million. Founded in 2022 and based in Lehi, Utah, Remi Labs has developed a marketplace that streamlines the bidding process for homeowners seeking new roofing services from contractors. The company offers instant quotes, guaranteed quality and fast timelines, which simplifies the process for both homeowners and roofers.
The round was led by Pelion Venture Partners’ Tyler Hogge with additional participation from Cervin Ventures, Todd Pedersen, Y Combinator and several other angel investors. The newly raised funds will enable Remi Labs to accelerate the development of its product roadmap, enhance its go-to-market strategy and expand its operational capabilities. The company aims to scale its B2B commercial efforts across multiple sectors, including partnerships with solar and insurance companies, expanded geographical coverage and additional home services.
In addition to Ryan and Dolan, Corporate associate Kit Ryan, Tax partner Jessica Lutrin, Tax counsel Kevin Meil and Corporate associate Ava Gerami provided additional support to the team.