5 years ago

Sprout.ai Secures $2.5 Million Seed Funding to Expand Insurance Claims Solutions

  • Sprout.ai, a UK-based provider of insurance claims settlement solutions, has raised $2.5 million in seed funding led by Amadeus Capital Partners with participation from Playfair Capital and Techstars

  • The company plans to use the funds to expand operations and business reach in the USA

  • Sprout.ai offers Personal Solutions for P&C insurance and Commercial Lines for health insurers, utilizing AI to streamline claims processes and minimize leakage.

      • ProblemFinancial Services

      "minimise leakage in insurance claims processes and streamline processes"

      Solution

      "AI-driven claims triage & fraud filtering solution for health insurers"

      Covered on