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claimsforce

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We make claims handling smarter

claimsforce GmbH

About claimsforce

Claimsforce is a SaaS-based technology platform that uses AI and machine learning to provide insurers and third-party administrators with an end-to-end claims management platform that is more time-efficient, price accurate, and customer-focused than legacy claims systems. In an industry where first and second-generation legacy technology can often mean outdated and cumbersome claims processing, Claimsforce uses AI-based regulation control and increased data points to assess the damage, analyze the claim, and settle quickly. The platform improves the overall efficiency of claims settlements, lowers claims costs, and tracks customer satisfaction through NPS audits.

Funding

€7m

Total raised

€35m

Valuation

RoundYearAmount
Latest round 2020 €7m
Round −1 2019
Round −2 2018

Financials (€m)

YearRevenueEBIT
2018 €-300k
2019 €-1m
2020 €-1.7m
2021 €-2m