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Overview
EvolutionIQ is an artificial intelligence transformation for insurance carriers. AI Guidance for Disability and General Liability Carriers. By reducing reserves and losses, cycle times, adverse events, lowering expenses, and increasing customer satisfaction, the company's platform improves claims processing, tracks team productivity, and detects fraud trends, allowing clients to receive a fraud detection dashboard and making insurance more fair, transparent, and affordable.
EvolutionIQ was established on January 1, 2019 in New York, United States by Tomas Vykruta and Michael Saltzman.
About
Artificial Intelligence (AI), InsurTech, Risk Management, Insurance, Fraud Detection, Commercial Insurance
2019
101-250
Headquarters locations
New York, New York, United States, North America
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EvolutionIQ headquartered in New York, New York, United States, North America, operates in the Artificial Intelligence (AI), InsurTech, Risk Management, Insurance, Fraud Detection, Commercial Insurance sector. The company focuses on Artificial Intelligence (AI) and has secured $6.2B in funding across 144 round(s). With a team of 101-250 employees, EvolutionIQ is actively contributing to advancements in Artificial Intelligence (AI). Their latest funding round, Venture Round - EvolutionIQ, raised $10.3M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
7
0
0
$43.3M
Details
5
EvolutionIQ has raised a total of $43.3M in funding over 5 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2020 | Seed | 1.9M | ||
2020 | Seed | 1.0K | ||
2022 | Early Stage Venture | 21.0M | ||
2023 | Early Stage Venture | 7.0M |
Investors
EvolutionIQ is funded by 35 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
Brewer Lane Ventures | - | FUNDING ROUND - Brewer Lane Ventures | 7.0M |
Bill Trenchard | - | FUNDING ROUND - Bill Trenchard | 7.0M |
EvolutionIQ | - | FUNDING ROUND - EvolutionIQ | 7.0M |
First Round Capital | - | FUNDING ROUND - First Round Capital | 7.0M |
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