Sprout.ai

About:

Sprout.ai is an intelligent claims automation engine for the insurance industry.

Website: https://www.sprout.ai

Twitter/X: Sprout_ai

Top Investors: Techstars, Octopus Ventures, Evolution Ventures, Amadeus Capital Partners, Playfair Capital

Description:

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.

Total Funding Amount:

$21.3M

Estimated Revenue Range:

$1M to $10M

Headquarters Location:

London, England, United Kingdom

Founded Date:

2018-03-01

Contact Email:

info(AT)sprout.ai

Founders:

Raphael Guth

Number of Employees:

51-100

Last Funding Date:

2023-10-31

IPO Status:

Private

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