claimsforce
Latest round
- Series A
Last raised
- Aug 2020
Total raised
- $8.3M
Investors
- 4
About claimsforce
Founded in 2018 in Hamburg, Germany, Claimsforce GmbH focuses on developing claim management solutions.Claimsforce specializes in advanced claim management solutions designed to streamline processes for insurance providers, legal firms, and corporate clients dealing with claims-related activities. Their primary offerings include a robust software platform that integrates artificial intelligence to enhance claim processing efficiency, reduce fraud, and improve customer service. The system automates various functions such as document management, communication tracking, and analytics, with the aim of decreasing turnaround times and increasing accuracy in claims handling.Claimsforce generates revenue primarily through a subscription-based model, providing clients with tiered access to their software solutions based on user needs and organizational size. This model allows for scalability as clients can adjust their subscription levels according to their operational requirements. Transactions typically involve annual or monthly fees for access to the platform, with additional charges for premium features such as advanced analytics and custom integrations. The company also engages in strategic partnerships with insurance and legal firms, enhancing their client offerings and creating additional revenue streams through collaborative innovations. The company is focusing on the development of new software features that leverage artificial intelligence, with several products slated for release by the end of 2021. Additionally, Claimsforce aims to establish a presence in key markets across Europe and North America, leveraging its recent capital to support these initiatives.
Who invested in claimsforce
4 investors across 3 rounds
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Questions about claimsforce
Who invested in claimsforce?
claimsforce has 4 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has claimsforce raised?
claimsforce has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did claimsforce last raise money?
claimsforce's most recent round on record is a Series A, in Aug 2020.
What does claimsforce do?
Founded in 2018 in Hamburg, Germany, Claimsforce GmbH focuses on developing claim management solutions.
Where is claimsforce headquartered?
claimsforce is headquartered in Hamburg, Germany.
Which VCs invest in companies like claimsforce?
Among active investors with capital left to deploy, Mundi Ventures, Apis Partners, 7RIDGE and Mouro Capital back insurance companies at claimsforce's stage. Their profiles are linked below.
VCs backing insurance startups at Series A
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