Claim Genius, a rapidly emerging global InsurTech leader of AI-based claims solutions advancing the automotive industry, announced the closing of its $6 million Series A3 funding round today, following its earlier funding of $7.8M; now totaling $14.8M to date.
The latest round is backed by a diversified mix of strategic investors including Malaysia-based Financial Link, a pioneer of digital insurance automation services in Asia, and SIRI Info Solutions technology solution provider based in Edison, New Jersey USA.
The Series A3 funding will help Claim Genius to further scale its sales and development efforts and facilitate the launch of the new products for the auto claims market worldwide.
Company: Claim Genius Inc.
Round: Series A3
Funding Month: October 2021
Lead Investors: Financial Link and SIRI Info Solutions
Company Website: http://claimgenius.com/
Software Category: AI-based claims solutions
About the Company: Claim Genius, Inc. is a rapidly emerging global InsurTech leader of AI-based claims solutions advancing the automotive industry based in Iselin, New Jersey, USA., with development centers in Nagpur & Hyderabad, India. Claim Genius patent-pending artificial intelligence image analysis and predictive analytics provide an instant damage assessment, condition, and damage estimate from uploaded videos. Claim Genius’s mission is to reduce claims processing time, increase companies’ profitability, and revolutionize the claims experience for customers worldwide.