Evolutioniq Raises $21M Series A To Deliver Ai Based Claims Guidance Across The Industry

Apr 12, 2022•over 3 years ago

Amount Raised

$21 Million

Round Type

series a

Description

EvolutionIQ, the most rapidly adopted Claims Guidance platform amongst insurance carriers, today announced that it raised $21M in Series A funding. The round was led by Brewer Lane Ventures, with participation from all major seed investors, including FirstRound Capital, FirstMark Capital and Foundation Capital, and new participation from Altai Ventures and Asymmetric Ventures. Industry-leading strategic investors including Reliance Standard Life, New York Life Ventures, Guardian Life and Sedgwick, a leading global risk, benefits, and integrated solutions company have also joined the round.

Company Information

Company

Evolution Iq

About

EvolutionIQ is the leading provider of claims guidance software. Its software combines the predictive power of historical claims analysis with unstructured claimant data and third party information to automatically identify high-opportunity claims. Claims executives choose EvolutionIQ to increase their profitability and control over complex lines of business by integrating decision intelligence into every step of the claims handling process. For more information, visit www.evolutioniq.com and follow the company on LinkedIn.

Funding Insights

Based on industry data

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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Evolutioniq Raises $21M Series A To Deliver Ai Based Claims Guidance Across The Industry

Description

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Funding Insights

Company Information