Qumata Group
Latest round
- Series A
Last raised
- Feb 2022
Total raised
- $24M
Investors
- 3
About Qumata Group
Founded in 2017, Qumata Group Ltd operates from London, UK, and offers innovative health assessment solutions to insurance providers.Qumata specializes in advanced health assessment solutions that streamline the underwriting process for insurance providers. Their core offerings focus on utilizing data analytics to identify the healthiest users for straight-through processing, thereby reducing the need for lengthy manual assessments. This service is particularly beneficial for insurance companies looking to mitigate health and anti-selection risks by leveraging data insights to inform their decisions. Qumata serves a diverse client base including insurers and financial institutions across various geographical markets, specifically targeting North America, Europe, and Asia-Pacific.Qumata's revenue model is grounded in subscription-based services tailored for insurance providers and financial institutions. Clients typically engage in multi-year contracts that allow access to Qumata's proprietary data analytics platform. Within this framework, transactions are structured around annual subscriptions that provide ongoing support and updates to their health assessment algorithms. The company may also offer tiered pricing plans based on the volume of assessments processed and the depth of data analytics required.In February 2022, Qumata Group Ltd. Qumata plans to enhance its product offerings and enter new markets, specifically targeting additional regions within Asia and further solidifying its presence in the UK.
Who invested in Qumata Group
3 investors across 3 rounds
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Questions about Qumata Group
Who invested in Qumata Group?
Qumata Group has 3 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 Qumata Group raised?
Qumata Group has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Qumata Group last raise money?
Qumata Group's most recent round on record is a Series A, in Feb 2022.
What does Qumata Group do?
Founded in 2017, Qumata Group Ltd operates from London, UK, and offers innovative health assessment solutions to insurance providers.
Where is Qumata Group headquartered?
Qumata Group is headquartered in London, UK.
Which VCs invest in companies like Qumata Group?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back healthcare it companies at Qumata Group's stage. Their profiles are linked below.
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