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London insurtech using AI for claims automation and fraud detection for insurance providers.
Sprout.ai Limited provides AI-powered claims automation and fraud detection for personal, commercial and specialty insurance providers, with a stated ability to settle over 60% of claims in real time at 96% accuracy. Clients pay through subscriptions or usage-based pricing, mainly in North America, Europe and parts of Asia. Founded in 2018 and headquartered in London, UK, the company raised GBP 5.57 million in October 2023, co-led by Praetura Ventures and Amadeus Capital Partners, at a post-money valuation of GBP 21.41 million. CEO Roi Amir leads the company.
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