Qidenus Group
Latest round
- Series A
Last raised
- Jan 2020
Total raised
- $36M
Investors
- 10
About Qidenus Group
Founded in 2015, Qidenus Group GmbH, located in Berlin, Germany, specializes in insurance technology.566 mn.Omni:us specializes in AI-powered end-to-end insurance claims automation solutions designed to enhance operational efficiency and customer satisfaction. The company's flagship product, the Digital Claims Adjuster (DCA), automates the entire claims process from the First Notice of Loss (FNOL) to payment creation, with a focus on processing low to medium severity claims without manual intervention. By leveraging a comprehensive AI-powered decision catalogue and integrated reference processes, omni:us significantly reduces processing costs—up to 35%—while improving claims settlement speed and accuracy. The DCA is tailored for insurance providers across various geographical markets, including Europe and North America, serving a diverse client base that includes prominent insurance companies such as UNIQA, AmTrust Financial, and Allianz.Omni:us generates revenue primarily through a subscription-based model, where insurers pay for access to its advanced claims automation technology. The transactions typically involve annual licensing agreements for the Digital Claims Adjuster, along with additional fees for tailored features and support services. The firm collaborates closely with its clients to enhance their operational capabilities, providing a structured partnership that enables insurers to optimize their claims processes effectively. Customers benefit from the automated systems by experiencing reduced operational costs, faster claim processing times, and improved customer satisfaction metrics. Details regarding upcoming products and their release dates are not specified; however, the firm aims to explore growth opportunities in additional European and North American markets.
Who invested in Qidenus Group
10 investors across 2 rounds
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Questions about Qidenus Group
Who invested in Qidenus Group?
Qidenus Group has 10 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Qidenus Group raised?
Qidenus Group has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Qidenus Group last raise money?
Qidenus Group's most recent round on record is a Series A, in Jan 2020.
What does Qidenus Group do?
Founded in 2015, Qidenus Group GmbH, located in Berlin, Germany, specializes in insurance technology.
Where is Qidenus Group headquartered?
Qidenus Group is headquartered in Berlin, Germany.
Which VCs invest in companies like Qidenus Group?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Qidenus Group's stage. Their profiles are linked below.
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