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Evolutioniq Raises $21M Series A To Deliver Ai Based Claims Guidance Across The Industry

04/12/22, 9:03 AM

Money raised

$21 million

Round Type

series a

EvolutionIQ, the most rapidly adopted Claims Guidance platform amongst insurance carriers, today announced that it raised $21M in Series A funding. The round was led by Brewer Lane Ventures, with participation from all major seed investors, including FirstRound Capital, FirstMark Capital and Foundation Capital, and new participation from Altai Ventures and Asymmetric Ventures. Industry-leading strategic investors including Reliance Standard Life, New York Life Ventures, Guardian Life and Sedgwick, a leading global risk, benefits, and integrated solutions company have also joined the round.

Company Info

Company

Evolution Iq

Additional Info

EvolutionIQ is the leading provider of claims guidance software. Its software combines the predictive power of historical claims analysis with unstructured claimant data and third party information to automatically identify high-opportunity claims. Claims executives choose EvolutionIQ to increase their profitability and control over complex lines of business by integrating decision intelligence into every step of the claims handling process. For more information, visit www.evolutioniq.com and follow the company on LinkedIn.

Company news

Fri, 20 Dec 2024 08:00:00 GMT

CCC Intelligent Solutions Announces the Acquisition of EvolutionIQ, the Leading AI Guidance Platform for Disability and Injury Claims Management - Business Wire

Mon, 14 Oct 2024 07:00:00 GMT

EvolutionIQ Expands MedHub: Active medical summarization transforms medical data into a competitive advantage - PR Newswire

Fri, 20 Dec 2024 08:00:00 GMT

CCC Intelligent Solutions Acquires AI Pioneer EvolutionIQ in $730M Strategic Deal - StockTitan

Tue, 12 Apr 2022 07:00:00 GMT

EvolutionIQ Raises $21M Series A To Deliver AI Based Claims Guidance Across The Industry - PR Newswire

Mon, 06 Jan 2025 08:00:00 GMT

CCC Intelligent Solutions Completes Acquisition of EvolutionIQ - Business Wire

Mon, 06 Jan 2025 08:00:00 GMT

CCC Intelligent Solutions Acquires EvolutionIQ, Expands AI Claims Platform to Workers' Comp - StockTitan

Tue, 12 Apr 2022 07:00:00 GMT

EvolutionIQ secures $21M to streamline insurance claims processing with AI - TechCrunch

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