# Claimbot

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/claimbot

- Industry: Software
- Headquarters: Austin, US
- Website: www.claimbotcx.com
- Total disclosed funding: $0.6M
- Latest round: Seed (Mar 5, 2019)
- Investors on record: 3

## About

Claimbot is a technology company focused on automating claims management processes for businesses, enhancing efficiency and accuracy in claim processing through innovative software solutions.Claimbot was founded in 2016 in Austin, US, and specializes in automating claims management for various industries. The company raised USD 0.620 mn in Seed funding on March 5, 2019, from investors including Google Assistant Investments, Notley Ventures, and Social Starts. The founder's previous entrepreneurial experiences are not publicly detailed.Claimbot offers a comprehensive suite of claims management solutions designed to streamline processes for businesses. Their software automates claim tracking, documentation, and reporting, catering primarily to companies in sectors such as insurance, healthcare, and logistics. The service model emphasizes scalability and ease of integration, allowing clients to adapt the system to their unique operational needs.Claimbot's revenue model hinges on subscription fees and service agreements for its software. The company generates income from various tiers of service that provide clients with different levels of access and features. This structure supports ongoing client relationships and allows for tailored solutions that fit the diverse needs of businesses in claims management.Claimbot plans to launch enhanced features for its claims management software by mid-2024, aimed at expanding its user base. The recent Seed funding of USD 0.620 mn will be directed towards product development and marketing efforts to penetrate the European market, particularly the UK and Germany, by the end of 2024. These initiatives reflect the company's strategic intent to diversify its offerings and capture new customer segments.

## Funding rounds

- Seed, Mar 5, 2019, $0.6M — Social Starts, Notley Ventures, Google Assistant Investments

## Investors

- Social Starts (https://capitalatlas.ai/funds/social-starts) — Seed
- Notley Ventures (https://capitalatlas.ai/funds/notley-ventures) — Seed
- Google Assistant Investments — Seed