# DigitalOwl

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/digitalowl-2

- Industry: Software
- Headquarters: New York, US
- Website: www.digitalowl.com
- Total disclosed funding: $27M
- Latest round: Series A (Jan 26, 2022)
- Investors on record: 4

## About

Based in the US, DigitalOwl INST Ltd. develops automated medical record analysis for insurers and underwriters through a unique combination of NLP technologies.Founded in 2017 and based in Maine, US, DigitalOwl INST Ltd. operates an AI-based insurance tech for underwriters and claims adjusters that focuses on medical cases. The was co-founded by Amit Man and Yuval Man, and as of 2021, the company employs 41 people across offices in Israel and the US. In September 2025, Datavant, Inc., a portfolio company of New Mountain Capital, Thurston Group, and LLR Partners, acquired DigitalOwl, Inc. for approximately USD 200 million.
The company offers AI-based medical claim analysis software that operates as a processor of underwriting and claims adjustments that can read and analyze medical documents per case specializing in health-related insurance products such as life, workers’ compensation, disability/income protection, health, accident, and voluntary/supplemental products.
The company generated from developing AI-based medical claims solutions in every healthcare provider and health insurance.

## Funding rounds

- Series A, Jan 26, 2022, $20M — Insight Partners, Ibex Investors, Fusion
- Seed, Feb 8, 2021, $6.5M — Menora Mivtachim Group, Ibex Investors, Fusion

## Investors

- Menora Mivtachim Group — Seed
- Ibex Investors (https://capitalatlas.ai/funds/ibex-investors) — Seed, Series A
- Fusion (https://capitalatlas.ai/funds/fusion) — Seed, Series A
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series A