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."

      Covered on