Sprout.ai raises $11m Series A led by Octopus Ventures to apply AI to insurance claims – TechCrunch
Sprout.ai raises $11m Series A led by Octopus Ventures to apply AI to insurance claims It was way back in 2018 that Omni:us appeared to disrupt the insurance market by applying AI to this most legacy of all industries. It has now gone on to raise $44.1 million. In a similar vein, Shift Technology in France has raised $100 million. Now a UK startup aims to do something similar, but this time it will be coming out of the key market of the UK, where the insurance industry is enormous. Sprout.ai is an insurtech startup that use AI to help instance companies to settle claims within 24 hours. It’...
Source: techcrunch.com