Sprout.ai

Financial ServicesSeries ALondon, UKsprout.ai

Latest round

Series A

Last raised

Feb 2021

Total raised

$15M

Investors

4

About Sprout.ai

ai Limited was founded in 2018 and is headquartered in London, UK. The company provides AI-powered solutions designed to streamline insurance claims processes.41 million.ai specializes in AI-powered claims automation and fraud detection solutions tailored for insurance providers worldwide. Their core product leverages advanced artificial intelligence to streamline the claims process, enabling insurers to deliver fast and accurate claims decisions.ai to serve a diverse clientele effectively. The company empowers insurers to settle over 60% of claims in real-time, achieving a remarkable accuracy rate of 96%.ai generates revenue primarily through B2B transactions with insurance providers that integrate their AI-driven solutions into existing operations. Their business model includes subscription-based pricing structures, allowing clients to access a suite of services including claims automation and fraud detection capabilities. The company plans to launch new products aimed at further automating the claims process and increasing operational efficiency for insurers.

Who invested in Sprout.ai

4 investors across 4 rounds

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Funding rounds

  1. Series A

    Feb 23, 2021

    Amount

    $11M

    Investors

    Locked

  2. Seed

    Feb 7, 2020

    Amount

    $2.9M

    Investors

    Locked

  3. Seed

    Jun 17, 2019

    Amount

    $0.6M

    Investors

    Locked

  4. Seed

    Oct 17, 2018

    Amount

    $0.5M

    Investors

    Locked

Questions about Sprout.ai

Who invested in Sprout.ai?

Sprout.ai has 4 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Sprout.ai raised?

Sprout.ai has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Sprout.ai last raise money?

Sprout.ai's most recent round on record is a Series A, in Feb 2021.

What does Sprout.ai do?

ai Limited was founded in 2018 and is headquartered in London, UK.

Where is Sprout.ai headquartered?

Sprout.ai is headquartered in London, UK.

Which VCs invest in companies like Sprout.ai?

Among active investors with capital left to deploy, Mundi Ventures, Apis Partners, 7RIDGE and Mouro Capital back financial services companies at Sprout.ai's stage. Their profiles are linked below.

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