Thousands of Californians have lost their homes to wildfires, and communities are struggling to figure out how to rebuild. Nikki Pechet wants to be the person they turn to.
Pechet co-founded Homebound Inc. in 2018 after the Tubbs fire the year before destroyed 4,600 homes in Northern California, envisioning the company as a more efficient general contractor for rebuilding disaster zones.
Her tech-driven approach to the painful process of collecting insurance money and rebuilding has drawn more than $50 million of venture capital, with backers including GV, Alphabet Inc.’s investment arm and billionaire Vinod Khosla’s eponymous firm.
It’s a strategy she says could also be useful for people who want a turnkey solution for designing and constructing a house anywhere — disaster or not.
“The opportunity is huge,” Pechet said, adding that there are billions of dollars in property damage from natural disasters each year in the U.S. “The goal