Today we are delighted to announce we have raised £5.4 million in a round led by venture capital investors Amadeus Capital Partners and Praetura Ventures.
UK investor Capricorn Capital Partners, US investor Forefront Venture Partners, Canadian investor Verstra Ventures and UK investor Portfolio Ventures Angel Fund join our existing investors, Octopus Ventures, Playfair and Techstars in the round.
The funding will be used to drive forward our go-to-market strategy, accelerate our growth and allow us to continue to invest in product innovation and AI.
Roi Amir, CEO of Sprout.ai, said: “We process thousands of claims globally with our solution every day and millions of policyholders receive fast and accurate decisions as a result. This investment will enable us to grow further into international markets and continue to invest in our AI-led product to drive towards our vision to ‘Make every claim better’.”
Read the full press release here.
