Artificial Intelligence | Machine Learning | Natural Language Processing Sprout.ai | Claims Automation & Fraud Detection


Insurance, Claims Automation, Fraud Detection, Customer Services London, England, United Kingdom

Sprout.ai

Artificial Intelligence | Machine Learning | Natural Language Processing


Sprout.ai | Claims Automation & Fraud Detection

Sprout.ai

Insurance, Claims Automation, Fraud Detection, Customer Services


London, England, United Kingdom

AI-powered Claims Automation & Fraud Filtering for Insurance Sprout.ai's Benefits: - Reduce settlement times with 50% - Increase fraud detection with 15% - Reduce operational costs with 70$ - Zero impact on IT roadmap - Industrial-grade security

Working with insurance players in the USA, UK & Europe. While other providers offer either claims automation or fraud filtering, Sprout.ai has been able to develop a light touch solution that delivers both. Engineering this state-of-the-art tool has been made possible by fusing the power of machines and a vast external data network. The result is a non-intrusive solution that enhances your data, offers actionable insights on fraud suspicions, and automates your claim processes. From receiving a claim to the final settlement, Sprout.ai assists your claims & fraud teams every step of the way, without ever disturbing your workflow.

 

B2B2C, B2C, B2B

1 to 25

Seed

$3.8 M

Scaling Up

2017

 
 

Insurance

Data Enrichment
Rapid Claims Automation
Enhanced Fraud Detection

Increase Efficiency

 
 

Risk (AML, Fraud)
Analytics
IT and Security

Yes

Active

 
 

   Machine Learning
   Natural Language Processing


N/A


N/A

 

   Software


N/A


N/A

 
 

2

1

$11 M

Company was founded 2017 and it took almost 4 years (May 2021) to raise first external round

 
 

Date

Round

$ Raised

Investors

05/05/2021

Series A

$11 M

Octopus Ventures, Playfair Capital

Date : 05/05/2021

Round: Series A

$ Raised: $11 M

Investors: Octopus Ventures, Playfair Capital

 
 
Niels Thone


Niels Thone
CEO

Gregoire Cadel


Gregoire Cadel
CPO

Raphael Guth


Raphael Guth
Co-Founder & COO