Mena-Based Desaisiv Secures $2M To Bring A Paradigm Shift In The Insurtech Space With Ai
Amount Raised
$2 Million
Round Type
Seed
RiyadhArtificial IntelligenceMachine LearningInsurtechInsuranceInvestors
Description
DESAISIV, a MENA-based AI insurtech startup specialising in health insurance, has successfully raised $2 million in a pre-seed funding round. The funding round was led by 500 Global, Terra VC, Oqal angel investors, family offices, and a group of influential investors with backgrounds in top insurance companies across the MENA, UK, and USA.
Quick answer
DESAISIV raised $2 Million in a Seed round, dated July 26, 2023. Investors: Oqal Angel Investors, Terra VC and 500 Global. DESAISIV is based in Riyadh, Riyadh Region, Saudi Arabia.
- How much did DESAISIV raise?
- DESAISIV raised $2 Million in a Seed round on July 26, 2023.
- Who invested in DESAISIV?
- Oqal Angel Investors, Terra VC and 500 Global are named as investors in this round.
- What does DESAISIV do?
- DESAISIV is a B2B company offering a state-of-the-art AI SaaS product for medical insurance companies & TPAs.
- Where is DESAISIV based and how big is it?
- DESAISIV is based in Riyadh, Riyadh Region, Saudi Arabia.
- Who are the decision-makers at DESAISIV?
- Fundz holds 1 contact at DESAISIV. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Insurtech and Insurance around the same time
Companies in the same sectors as DESAISIV that raised within 45 days of this round, from Fundz verified event records.
- CLARA Analytics raised $24M (Series C) on September 8, 2023.
- Anzen Technologies, Inc. raised $7.5M on September 7, 2023.
- CompScience raised $10M (Series A) on July 27, 2023.
- Federato raised $25M (Series B) on June 27, 2023.
- Younite-AI raised an undisclosed amount (Private Equity) on September 7, 2023.
- Imbue raised $200M (Funding Round) on September 7, 2023.
Who to call at DESAISIV, and when
A new round usually means DESAISIV is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day DESAISIV raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at DESAISIV, from your own LinkedIn network
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