Founded at Imperial College in London, Sprout.ai empowers insurance companies to settle claims in as little as 24 hours by providing data driven insights. Sprout.ai specialises in building and leveraging data sources via deep search to accurately validate, investigate and automate the context of claims – a first in the industry.
Sprout.ai believes that combining AI with external data sources is the future of streamlining insurance claims. The sheer volume of data analysed allows insurers to create objective, data-driven contexts around incidents that would otherwise be highly subjective and difficult to validate.
Sprout.ai works with major insurance companies across three continents to deliver increased fraud detection rates, reduced operating costs, faster claim settlement times and industrial grade security.
In the media
16th April 2020
InsurTech Sprout.ai Completes $2.5m Seed Funding
27th April 2020
Capital advises Sprout.ai on $2.5m seed funding round
Founded in 2018 and formerly known as BlockClaim, Sprout.ai has developed AI-based software that enables insurance claims to be settled within 24 hours. It uses natural language processing and optical character
22nd April 2020
Sprout.ai raises $2.5M to speed up insurance claims
Meanwhile, Sprout.ai, which was previously called BlockClaim, says it will use the investment to further build out its data science and engineering team, and