5 years ago
Synthesized Secures $2.8M to Revolutionize Data Sharing in the Insurance Industry
UK-based insurance AI startup Synthesized has raised $2.8 million in a seed round co-led by IQ Capital and Mundi Ventures
The funding will be used to expand the team and accelerate product development
Synthesized enables insurers to share data safely and comply with regulations, facilitating innovation in the industry
The company's technology reduces friction in data preparation, allowing for faster development and testing of data-driven projects.
ProblemFinancial Services
"Data preparation is time-consuming and inefficient, making it difficult to develop and test data-driven projects."
Solution
"Synthesized offers a platform that creates synthetic data, reducing the time and effort required to prepare data, while also ensuring that the data is accurate, robust, and unbiased."