Sprout.ai

Sprout.ai

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Overview

Sprout.ai, the advanced claims automation solution, harnesses the power of Contextual AI to revolutionise the insurance experience for global insurers and their consumers alike. The solution leverages proprietary Optical Character Recognition (OCR) and Natural Language Processing (NLP) technologies to deliver significantly reduced claim settlement times, increased fraud detection and industrial grade security to insurers.

The solution is already deployed across three continents focusing on the property, motor and health insurance verticals. www.sprout.ai.

About

Industries

Information Technology, Software, Natural Language Processing, Artificial Intelligence (AI), InsurTech, Insurance, Health Insurance

Founded

2018

Employees

51-100

Headquarters locations

Europe

Social

N/A

Profile Resume

Sprout.ai headquartered in Europe, operates in the Information Technology, Software, Natural Language Processing, Artificial Intelligence (AI), InsurTech, Insurance, Health Insurance sector. The company focuses on Information Technology and has secured $3.0B in funding across 140 round(s). With a team of 51-100 employees, Sprout.ai is actively contributing to advancements in Information Technology. Their latest funding round, Venture Round - Sprout.ai, raised $6.6M. Discover more about their projects, partnerships, and impact on our platform.

Employees

imagePlace Roi Amir

Roi Amir

CEO

imagePlace Raphael Guth

Raphael Guth

Founder, Head Of Operations

Funding Rounds

Funding rounds

5

Investors

10

Lead Investors

0

Total Funding Amount

$21.3M

Details

4

Sprout.ai has raised a total of $21.3M in funding over 4 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2018Seed632.1K
2019Seed627.1K
2020Seed2.5M
2021Early Stage Venture11.0M

Investors

Sprout.ai is funded by 39 investors.

Investor NameLead InvestorFunding RoundPartners
Octopus Ventures-FUNDING ROUND - Octopus Ventures6.6M
Forefront Venture Partners-FUNDING ROUND - Forefront Venture Partners6.6M
Sprout.ai-FUNDING ROUND - Sprout.ai6.6M
Evolution-VC-FUNDING ROUND - Evolution-VC6.6M

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