AIDA Technologies Pte.

AIDA Technologies Pte. Ltd.Founded in 2016 in Singapore, AIDA Technologies Pte. Ltd. specializes in AI solutions for the insurance sector. The company recently underwent a significant transition, being acquired by Amplify Health Asia Pte. Limited from Kuok Ventures, SEEDS Capital, and SGInnovate on January 10, 2023.AIDA Technologies offers a comprehensive suite of advanced artificial intelligence and machine learning solutions tailored for tier-1 and tier-2 insurance companies. Their products facilitate accelerated claims processing, fraud detection, and operational efficiency through predictive analytics. The company provides its technology as Platform-as-a-Service (PaaS), Software-as-a-Service (SaaS), or On-Premise, helping clients utilize extensive datasets, including unstructured data sources like social media, to identify risks and inefficiencies in real-time.40, along with an EBITDA of USD -1,291,672.Following the acquisition by Amplify Health Asia Pte. Limited, AIDA Technologies is positioned to expand its capabilities in AI and machine learning. The company will focus on introducing new products and expanding into additional international markets, with specific plans to target expansion across Asia by the end of 2023.

1. Series A

   Sep 29, 2022

   Amount

   $0.8M

   Investors

   Locked

2. Series A

   Apr 18, 2019

   Amount

   $3.7M

   Investors

   Locked

3. Seed

   Jan 31, 2017

   Amount

   $0.7M

   Investors

   Locked