# ClaimScore

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

- Industry: Software
- Headquarters: Passaic, US
- Website: www.claimscore.ai/
- Total disclosed funding: $3.1M
- Latest round: Seed (Apr 17, 2024)
- Investors on record: 1

## About

Founded in 2022 and based in New Jersey, US, ClaimScore LLC operates as a software developer that offers artificial intelligence and machine learning claim validation to resolve claim fraud problems in class action settlements. The company was co-founded by Robert Gallo (CEO) and Bryan Heller (CPO). In April 2024, ClaimScore LLC raised USD 3.2 million in seed funding led by investor ROC Venture Group.

The company develops validation software to address the growing issue of fraudulent claims in class action lawsuits. Their AI-based system is designed to validate legitimate claimants and prevent unfair elimination, building up real-time reporting of approved claim numbers and payout amounts. ClaimScore's software uses a multidimensional scoring system to process large volumes of submissions in real-time, distinguishing between fraudulent claims and legitimate ones. This helps combat fraudulent activities within class action settlements, certifying fair outcomes for all claimants.

## Funding rounds

- Seed, Apr 17, 2024, $3.1M — ROC Venture Group

## Investors

- ROC Venture Group (https://capitalatlas.ai/funds/roc-venture-group) — Seed
