Sprout.ai
Builders in Fintech has recorded 2 equity rounds for Sprout.ai, most recently a series a round of $11M on 5 May 2021.
Added ·
- $13.5M
- Series A · $11M · 5 May 2021 · led by Octopus Ventures
Timeline
Series A · $11M · Octopus Ventures (lead)
Seed · $2.5M · Playfair Capital, Techstars
All funding rounds in the database
Product
AI claims automation for insurers
Insurance
Sprout.ai sells AI software that automates insurance claims. It reads claim documents, checks the policy coverage, flags possible fraud and recommends decisions, so insurers can settle valid claims faster and with fewer manual steps, with explainable outputs that support audits and work across different lines of business.
Description from the company website · Source