Automated health claims platform rebrands as Sprout.ai

'Contextual AI'

Adam Saville
clock • 1 min read

Insurtech firm previously known as BlockClaim completes $2.5m seed funding

Founded in 2018, Sprout.ai is a data driven platform which uses ‘Contextual AI' to settle health claims automatically. It also focuses on fraud detection and promises higher levels of security. Based in the UK with existing health insurance partners, the technology, previously known as BlockClaim, is designed to integrate with existing claims software. Amadeus Capital Partners recently led a round of seed funding, joined by Playfair Capital and Techstars, to raise $2.5m. Niels Thoné, CEO of Sprout.ai, said: "Amadeus Capital Partners has shown confidence in our future by backing us ...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on PMI

Emma Thomson joins Reframe Cancer as consultant
PMI

Emma Thomson joins Reframe Cancer as consultant

Shaping protection proposition

Jaskeet Briah
clock 03 December 2024 • 2 min read
Record quarter for private hospital admissions
PMI

Record quarter for private hospital admissions

PHIN data

Cameron Roberts
clock 03 December 2024 • 2 min read
AXA Health names HBSUK CEO
PMI

AXA Health names HBSUK CEO

Supporting faster access to treatment

Jaskeet Briah
clock 03 December 2024 • 1 min read