Qumata, a global leader in tech solutions transforming the insurance industry ecosystem with a disruptive machine learning and artificial intelligence (ML/AI) underwriting solution, has announced an extension to its Series A round of funding to US$23 million.

Qumata (formerly known as Healthy Health) has offices in London, Hong Kong, Shanghai, Tokyo & Singapore. Qumata is focused on transforming underwriting for life and health insurers, retaining the same level of accuracy, whilst improving customer experience and helping insurers realise new revenue opportunities. Qumata uses digital data to calculate the risk of diagnosis for over 800 conditions, along with Extra Mortalities and Morbidities, saving applicants hours filling out long questionnaires or visiting the doctor.
www.qumata.com

Qumata Signals Global Expansion With Extension Of Series A Funding To Us$23M With An Additional Key Investor Joining Its Portfolio Of Backers

Qumata Signals Global Expansion With Extension Of Series A Funding To Us$23M With An Additional Key Investor Joining Its Portfolio Of Backers

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