Alongside
the
funding,
Ownwell
introduced
a
National
Appeals
Packet
designed
to
help
homeowners
outside
of
its
primary
service
areas
file

property
tax
appeals.
The
packet
uses

artificial
intelligence
and
proprietary
data
to
generate
a
personalized,
ready-to-file
appeals
packet
that
includes
filing
instructions,
deadlines,
required
documentation
and
supporting

valuation
data.
Customers
can
review
and
refine
evidence
before
submitting
their
appeal.

“Homeownership
is
at
a
tipping
point
in
America.
So
many
people
are
unable
to
afford
a
home,
and
those
that
own
property
can
barely
keep
up
with
the
three
primary
costs
of
ownership:
property
taxes,
mortgage
payments,
and
home
insurance,”
said

Colton
Pace,
CEO
and
founder
of
Ownwell.

“Investment
firms
and
big
real
estate
companies
have
lawyers
and
experts
who
know
the
ins
and
outs
of
local
policies
to
earn
large
savings.
We’re
bringing
that
same
expertise
to
the
average
homeowner,
with
the
click
of
a
button.
With
this
funding
and
our
national
expansion,
we’ll
help
millions
more
homeowners
and
secure
savings
for
the
people
who
need
it
most.”

The
company
said
a
2025
survey
of
2,500
U.S.
homeowners
found
that
74%
are
worried
about
rising
property
taxes,
but
only
22%
have
appealed
their
property
tax
bill.
Ownwell
attributes
the
gap
in
part
to
complex
property
tax
laws
and
filing
processes.

Ownwell
combines
local
property
tax
expertise
with
technology
to
automate
portions
of
the
appeals
process.
In
its
main
service
areas
—

Texas,

Illinois,
Florida,
Georgia,
California,
Washington
and
New
York
—
the
company
manages
appeals
from
start
to
finish
with
no
upfront
fees.
It
reports
an
86%
success
rate
and
average
annual
savings
of
$774
per
customer.

In
addition
to
property
tax
appeals,
Ownwell
offers
tax
bill
management,
mortgage,
home
insurance,
energy
savings
and
bill
reduction
services.

Ownwell
said
it
has
processed
more
than
1
million
appeals
and
saved
customers
millions
of
dollars
in
property
taxes.
In
Texas,
the
company
said
it
handled
appeals
for
more
than
200,000
properties
whose
owners
did
not
file
protests
in
2024.

The
company
operates
on
a
contingency
model,
taking
25%
of
any
savings
it
secures
for
homeowners.

“Intuit’s
mission
is
to
power
prosperity
around
the
world,
and
we’re
proud
to
support
Ownwell
as
they
deliver
on
that
same
promise
for
homeowners,”
said
Selina
Troesch,
principal
at
Intuit
Ventures.
“Property
tax
appeals
are
notoriously
complex,
but
Ownwell
has
built
a
true
‘done-for-you’
experience
that
brings
simplicity
and
transparency
to
property
taxes.
We’re
excited
to
partner
with
a
team
that
is
using
AI-powered,
purpose-built
technology
to
create
a
trusted,
holistic,
money-saving
platform
for
homeowners.”

Ryan
Sanders,
managing
director
at
Mercato
Partners,
added,
“We
look
for
companies
that
don’t
just
participate
in
markets,
but
redefine
them.
Ownwell
has
turned
a
notoriously
opaque,
manual,
labor-intensive
process
into
a
high-growth
digital
platform.
By
leveraging
AI
to
solve
a
universal
pain
point
for
homeowners,
they
are
scaling
a
category-defining
business
that
we
are
proud
to
back.”