Qantev

Founded in 2018, Qantev SAS operates as a technology firm offering solutions for claims management in the insurance industry.Qantev specializes in an AI-driven claims platform tailored for health and life insurance sectors, offering automated solutions to enhance claims operations. The core product suite includes end-to-end claims management systems that incorporate AI decision models for critical tasks such as data acquisition, policy and coverage verification, and medical coding. The platform is designed to streamline the claims process, reduce costs, and minimize leakage while improving loss ratios. Qantev's technology is utilized by leading insurers globally, providing them with specialized tools to detect fraud, waste, and abuse in claims more effectively.Qantev generates revenue through a subscription-based model, catering primarily to insurers who seek to integrate their advanced claims processing solutions. Clients typically engage in long-term partnerships, leveraging Qantev’s platform to automate and enhance their claims operations. The pricing structure is designed to align with the comprehensive suite of services offered, which includes claims management, fraud detection, and data acquisition capabilities. Revenue is derived from both initial platform deployment fees and ongoing subscription fees, ensuring continuous access to Qantev’s evolving technology and support. The company plans to design and launch new products to enhance its service offerings, while targeting expansion into new geographic regions to increase its global footprint.

1. Series B

   Sep 2, 2024

   Amount

   $33M

   Investors

   Locked

2. Series A

   Oct 12, 2022

   Amount

   $7.3M

   Investors

   Locked

3. Seed

   Nov 5, 2020

   Amount

   $1.7M

   Investors

   Locked