Flyreel Announces $10 Million Series A Financing; Acceleration of AI-Assisted Property Underwriting, Risk Management, and Claims
Flyreel Announces $10 Million Series A Financing; Acceleration of AI-Assisted Property Underwriting, Risk Management, and Claims
11/18/20, 3:04 PM
Location
denver
Money raised
$10 million
Round Type
series a
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 Info
Location
denver, colorado, united states
Additional Info
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/.