AI powered Claims Automation & Fraud Filtering for Insurance #insurtech #ai #frauddetection #claims
Location: United Kingdom, England, London
Total raised: $20.2M
Investors 6
| Date | Name | Website |
| - | Playfair C... | playfair.v... |
| - | Techstars | techstars.... |
| 10.12.2022 | Startup Fu... | sfccapital... |
| 05.05.2021 | Octopus Ve... | octopusven... |
| - | Amadeus Ca... | amadeuscap... |
| 09.02.2024 | Verstra Ve... | verstraven... |
Funding Rounds 3
| Date | Series | Amount | Investors |
| 01.11.2023 | - | $6.56M | - |
| 05.05.2021 | Series A | $11.14M | Octopus Ve... |
| 15.04.2020 | Seed | $2.5M | - |
Mentions in press and media 20
| Date | Title | Description |
| 01.11.2023 | United Kingdom-based Sprout.ai raises GBP 5.4 million in funding | London, United Kingdom-based AI-led insurance claims automation company Sprout.ai has raised GBP 5.4 million in funding. The round took place on October 31, 2023. Venture capital investors Amadeus Capital Partners and Praetura Ventures led ... |
| 31.10.2023 | Sprout.ai Raises £5.4M in Funding | Sprout.ai, a London, UK-based AI-led insurance claims automation company, raised £4.5M in funding. The round was led by Amadeus Capital Partners and Praetura Ventures, with participation from Capricorn Capital Partners, Forefront Venture Pa... |
| 31.10.2023 | Sprout bags £5.4M to grow its AI insurance claims automation globally | London-based insurance claims automation company Sprout.ai has raised £5.4 million. Funds will fuel its ‘go-to-market strategy’, fuel further innovation and accelerate its growth as it seeks out new insurance lines and global territories, i... |
| 07.05.2021 | Insurtech Sprout.ai raises £8m to respond to global market demand | Sprout.ai, the company that uses AI to enable insurance claims to be settled within just 24 hours, announced that it has raised £8m ($11m) in Series A funding. The round was led by one of Europe’s largest and most active early-stage investo... |
| 07.05.2021 | Insurtech Sprout.ai raises £8m to respond to global market demand | Insurtech Sprout.ai raises £8m to respond to global market demand 07-05-2021 Sprout.ai, the company that uses AI to enable insurance claims to be settled within just 24 hours, announced that it has raised £8m ($11m) in Series A funding. The... |
| 06.05.2021 | London's Sprout.ai picks up £8M | Insurtech startup Sprout.ai has raised an £8 million Series A led by Octopus Ventures. The London-based company uses AI to automate health, motor and property insurance claims and to filter fraud. Sprout.ai will use the proceeds of the roun... |
| 05.05.2021 | UK’s insurtech startup Sprout.ai raises €9.27M to automate claims and fraud detection; here’s how | London-based insurtech Sprout.ai, a claims automation and fraud detection company, has raised £8M (approx €9.27M) in its Series A round of funding. The round was led by early-stage investor Octopus Ventures. In addition, the round also saw ... |
| 05.05.2021 | London’s Sprout raises £8 million, responds to global demand, presses forward with R&D | London-based insurance platform Sprout.ai has raised £8 million in a Series A round. Led by one of Europe’s most active early-stage investors, Octopus Ventures, existing investors Amadeus Capital Partners, Playfair Capital, and Techstars pa... |
| 05.05.2021 | Sprout.ai raises $11m Series A led by Octopus Ventures to apply AI to insurance claims | It was way back in 2018 that Omni:us appeared to disrupt the insurance market by applying AI to this most legacy of all industries. It has now gone on to raise $44.1 million. In a similar vein, Shift Technology in France has raised $100 mil... |
| 28.04.2020 | Gateway Australia April Investment Update | On the back of an unprecedented bull ride, a downturn was overdue. But, unless you’re the organisers of Wimbledon, you were unlikely to be prepared for a global pandemic, or the severity. |
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