Details

Last Funding Type

Series A

Last Funding Money Raised

$11M

Industries

Artificial Intelligence,Health Insurance,Image Recognition,Information Technology,Insurance,InsurTech,Natural Language Processing,Software

Founded date

Mar 1, 2018

Number Of Employee

11 - 50

Operating Status

Active

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.