Quandri raises $8.5M Series A to bring process automation to insurance brokers and agencies
Summary
Jackson was previously the COO of Revenue Accelerator while Jamieson worked at a number of hardware-centric companies, including Open Ocean Robotics. Jackson noted that while he was at Revenue Accelerator, he ended up building a number of bots to automate repetitive data entry tasks. Instead of having to build automation themselves, Quandri essentially pre-builds these bots for their customers, which also means that the team has to focus on a very specific niche. Its been somewhat overlooked by a large wave of innovation that has happened in a lot of other industries.Right now, Quandri offers three of these pre-built robots: Renewal Reviewer to help agents compare policies upon renewal, a tool that helps users ensure that files are named correctly and contextually (and not 1847AHDKS812 BROKER), and Download Director, a service that matches unmatched policies and eDocs to the correct accounts and then matches claims and verifies producer commission amounts as needed.Jackson tells me that the company is currently 100% focused on the insurance industry and specifically on North American brokerages. In the long run, the team may branch out and apply its technology to other verticals.Bots are a total game changer for our agency, said Angela Trimble, president, Trustpoint Services.