Evolutioniq Raises $21M Series A To Deliver Ai Based Claims Guidance Across The Industry
Amount Raised
$21 Million
Round Type
Series A
New YorkInformation TechnologySoftwareArtificial IntelligenceMachine LearningNatural Language ProcessingDescription
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.
Quick answer
EvolutionIQ raised $21 Million in a Series A round, dated April 12, 2022. EvolutionIQ is based in New York, New York, United States.
- How much did EvolutionIQ raise?
- EvolutionIQ raised $21 Million in a Series A round on April 12, 2022.
- What does EvolutionIQ do?
- Legal Name of EvolutionIQ is Deepfraud Technologies Inc. EvolutionIQ created the world's first fully AI-driven claims guidance platform for the most sophisticated insurance carriers in the world.
- Where is EvolutionIQ based and how big is it?
- EvolutionIQ is based in New York, New York, United States.
- Who are the decision-makers at EvolutionIQ?
- Fundz holds 1 contact at EvolutionIQ, including the EVP of Engineering. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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