Tech Company Financing Transactions
Sprout.ai Funding Round
Sprout.ai, based in London, England, secured $5.5 million from Amadeus Capital, Praetura Ventures and Capricorn Capital Partners.
Transaction Overview
Company Name
Announced On
11/1/2023
Transaction Type
Venture Equity
Amount
$5,500,000
Round
Undisclosed
Investors
Proceeds Purpose
The newly acquired funds will be funnelled to propel Sprout.ai's market entry strategies, further its growth trajectory, and persistently innovate in product and AI development. Additionally, they plan on broadening their horizons by venturing into new insurance segments and global domains, with North America being a primary target.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
1 Mark Square
London, England, EC2A 4EG
UK
London, England, EC2A 4EG
UK
Phone
Undisclosed
Website
Email Address
Overview
Picture a world where every insurance claim is a swift and seamless experience. With our teams' deep experience in insurance and technology, we have built groundbreaking AI and data powered products to enable just that. The results? Empowered insurers that can provide an exceptional user experience, high customer retention and dramatic increases in efficiency.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Roi Amir
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