VIPC’s Virginia Venture Partners Invests in Fenris Digital Customer-Centric Support of Insurance and Finance Industries
Summary
In addition, new insight products leveraging its machine learning platform have scored millions of leads and recommended next best action both pre- and post-sale for optimal outcomes.The insurance industry is known for heavy reliance on data for underwriting and claim, but as yet laggard in transformative customer experience. We have made it our goal from the very beginning to be an industry leader in bringing external data and insight that fuels sustainable, customer-centric growth in insurance and financial services, said Jennifer Linton, CEO and Founder, Fenris. We are extremely grateful for the ongoing support of VIPCs Virginia Venture Partners to help foster this continued growth.Fenris created one of the largest insurance data repositories in the industry. By using machine learning to create a predictive scoring technology, Fenris identifies the best applicants and personalizes their customer engagement. For more information, please visit www.fenrisd.com.About Virginia Venture PartnersVirginia Venture Partners, is the equity investment program of VIPC that makes seed-stage equity investments in Virginia-based technology, clean energy, and life science companies with a high potential for achieving rapid growth and generating a significant economic return for entrepreneurs, co-investors, and the Commonwealth of Virginia.