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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
Information Technology, Software, Natural Language Processing, Artificial Intelligence (AI), InsurTech, Insurance, Health Insurance
2018
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.
Funding Rounds
5
10
0
$21.3M
Details
4
Sprout.ai has raised a total of $21.3M in funding over 4 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2018 | Seed | 632.1K | ||
2019 | Seed | 627.1K | ||
2020 | Seed | 2.5M | ||
2021 | Early Stage Venture | 11.0M |
Investors
Sprout.ai is funded by 39 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
Octopus Ventures | - | FUNDING ROUND - Octopus Ventures | 6.6M |
Forefront Venture Partners | - | FUNDING ROUND - Forefront Venture Partners | 6.6M |
Sprout.ai | - | FUNDING ROUND - Sprout.ai | 6.6M |
Evolution-VC | - | FUNDING ROUND - Evolution-VC | 6.6M |
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