Addenda Technologies
Latest round
- Seed
Last raised
- Nov 2019
Total raised
- Undisclosed
Investors
- 3
About Addenda Technologies
Addenda Technologies Ltd.Founded in 2018 and headquartered in Dubai, United Arab Emirates, Addenda Technologies Ltd. provides innovative solutions for the automotive and insurance industries.Addenda Technologies Ltd. offers Addenda Auto, a comprehensive AI-driven SaaS platform that enhances operational efficiency in the automotive repair and insurance industries. Its core features include tools for automating workflows, AI-driven damage assessment for accurate repair quotes, and integrated claims processing that connects insurers, repair shops, and clients. The platform also includes Addenda FNOL for streamlined accident reporting and Addenda Policy, integrated with Addenda Vision, for vehicle risk assessments and damage detection.The company operates on a subscription-based revenue model, allowing clients to access its suite of products and services tailored to their operational needs. Addenda engages in direct transactions with repair shops and insurers, providing solutions that enhance efficiency in claims and repair management.Looking ahead, Addenda Technologies Ltd. aims to expand its product offerings and geographic reach with new product launches on the horizon. The company is focusing on penetrating additional markets within the Gulf Cooperation Council (GCC) regions by 2022.
Who invested in Addenda Technologies
3 investors across 1 round
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Funding rounds
Seed
Nov 17, 2019
Amount
Undisclosed
Investors
Questions about Addenda Technologies
Who invested in Addenda Technologies?
Addenda Technologies has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Addenda Technologies raised?
Addenda Technologies has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Addenda Technologies last raise money?
Addenda Technologies's most recent round on record is a Seed, in Nov 2019.
What does Addenda Technologies do?
Addenda Technologies is a insurance company.
Where is Addenda Technologies headquartered?
Addenda Technologies is headquartered in Dubai, United Arab Emirates.
Which VCs invest in companies like Addenda Technologies?
Among active investors with capital left to deploy, 360 ONE, Gopher Asset Management, DSC Investment and Stellaris Venture Partners back insurance companies at Addenda Technologies's stage. Their profiles are linked below.
VCs backing insurance startups at Seed
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