# Applied AI Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/applied-ai-corporation

- Industry: Software
- Headquarters: Abu Dhabi, United Arab Emirates
- Website: www.opus.com
- Total disclosed funding: $97M
- Latest round: Series A (Feb 10, 2025)
- Investors on record: 8

## About

Founded in 2021 and based in Abu Dhabi, UAE, Applied AI Corporation Limited (AAICO) operates as an artificial intelligence technology platform that transforms legacy business models by automating human processes in the insurance, pharmaceutical, and healthcare sectors to reduce human error and upgrade productivity. In January 2026, Applied AI Corporation Limited raised an undisclosed amount of pre-series B funding co-led by new investors Mubadala Capital and Arbor Ventures. As of January 2023, it has 44 employees. 
AAICO offers DeepDoc which helps organize and summarize medical records to simplify claims management; Covigilance.ai helps organize data to improve health outcomes; and Nash can streamline billing and data management between insurance and healthcare providers. The company's mission is to develop targeted machine learning-driven products that automate mission-critical business processes involving manual or repetitive work. The company will use the January 2026 pre-series B funding to support global expansion, enhance enterprise deployments, and advance its AI capabilities.

## Funding rounds

- Series A, Feb 10, 2025, $55M — Bessemer Venture Partners, McKinsey Retirement Trust, Middle East Venture Partners, Accrete Capital, G42, Palantir Capital Management
- Seed, Nov 17, 2022, $42M — Plug and Play, Sheikh Ahmed Al Maktoum International Investments Enterprise, G42

## Investors

- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Seed
- Sheikh Ahmed Al Maktoum International Investments Enterprise — Seed
- G42 (https://capitalatlas.ai/funds/g42) — Seed, Series A
- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series A
- McKinsey Retirement Trust — Series A
- Middle East Venture Partners (https://capitalatlas.ai/funds/middle-east-venture-partners) — Series A
- Accrete Capital (https://capitalatlas.ai/funds/accrete-capital) — Series A
- Palantir Capital Management — Series A