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Flyreel Announces $10 Million Series A Financing; Acceleration of AI-Assisted Property Underwriting, Risk Management, and Claims

Nov 18, 2020•over 4 years ago

Amount Raised

$10 Million

Round Type

series a

Denver

Description

Flyreel, the most advanced Artificial Intelligence (AI) solution for residential and commercial property insurance, announced today that it has closed a $10 million Series A financing. The company now serves 15 major insurance providers and has raised $18 million to-date to support customers using its proprietary AI assistant and computer vision technology to improve property underwriting, risk management, and claims outcomes.

Company Information

Company

Flyreel

Location

Denver, Colorado, United States

About

Flyreel provides Total Property UnderstandingTM for underwriting, loss control, and claims. Flyreel's advanced AI assistant guides users through fully configurable workflows. As users scan their property with their smartphone camera, Flyreel's proprietary computer vision technology automatically documents critical property data like hazards, risks, features, materials, and more. Flyreel's AI Assistant can "react and respond" to data collected by the policyholder, adapting and customizing conversational workflows based on the unique attributes that it "sees" in near real-time. To learn more about Flyreel, visit https://www.flyreel.co/.

Funding Insights

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