Digital Claim Management
Latest round
- Seed
Last raised
- Jan 2018
Total raised
- $0.1M
Investors
- 1
About Digital Claim Management
Digital Claim Management GmbH was founded in 2017 and is headquartered in Vienna, Austria. The company focuses on developing technology to help insurance firms manage digital claims. The founders, Andreas Sernetz and Karl Prinzhorn, have experience in technology and claims management.DigitalClaim specializes in providing comprehensive solutions for the management and processing of digital claims. Their core product offering includes a sophisticated claims management platform designed to streamline the claims process for insurance companies and service providers. This platform enables users to efficiently submit, track, and manage claims, ultimately enhancing operational efficiency and customer satisfaction. The end use cases primarily address the challenges associated with claims processing, aiming to reduce turnaround times and improve accuracy in claims handling.DigitalClaim generates revenue through a subscription-based model for its flagship claims management platform. Clients, primarily insurance companies, engage with the firm to integrate its technology into their existing systems, paying a regular fee for access to the platform, which includes ongoing support and updates. Additionally, partnerships with various service providers may involve revenue-sharing arrangements, where fees are based on the volume of claims processed through the platform. This structured approach allows clients to scale their use of DigitalClaim’s services according to their operational needs, ensuring a steady revenue flow for the company. The funds will be primarily allocated towards the development of new features in their claims management platform, with a focus on improving user experience and expanding integration capabilities. Additionally, the company is targeting expansion into North American markets by the end of 2023, aiming to establish a stronger presence in the region to better serve local clients.
Who invested in Digital Claim Management
1 investor across 1 round
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Funding rounds
Seed
Jan 1, 2018
Amount
$0.1M
Investors
Questions about Digital Claim Management
Who invested in Digital Claim Management?
Digital Claim Management has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Digital Claim Management raised?
Digital Claim Management has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Digital Claim Management last raise money?
Digital Claim Management's most recent round on record is a Seed, in Jan 2018.
What does Digital Claim Management do?
Digital Claim Management GmbH was founded in 2017 and is headquartered in Vienna, Austria.
Where is Digital Claim Management headquartered?
Digital Claim Management is headquartered in Vienna, Austria.
Which VCs invest in companies like Digital Claim Management?
Among active investors with capital left to deploy, Mundi Ventures, Apis Partners, 7RIDGE and Mouro Capital back insurance companies at Digital Claim Management's stage. Their profiles are linked below.
VCs backing insurance startups at Seed
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