Snapsheet Receives Investment from State Farm Ventures
Summary
The amount of the deal was not disclosed. The company intends to use the funds to strengthen relationship from leaders in the P&C Industry-State Farm Ventures®. Led by CEO and Founder Brad Weisberg, Snapsheet Through its innovative platform, Snapsheet leverages an innovative tech platform to streamline and expedite the claims process, providing insurers and policyholders with a user-friendly experience. The company offers a comprehensive range of appraisal, claims, and payment solutions for auto, property, and commercial insurance. They work with over 140 insurance carriers, Managing General Agents (MGAs), Third-Party Administrators (TPAs), and self-insured entities in the United States, Canada, and Europe.
Funding
Amount
-
Total raised
Date
July 19, 2023
Announcement date
Investors
State Farm
Lead investors
Company
-
Funded company
Classifications
industries
Fintech & Banking
applications
No applications detected
AskAI Classifications
Labels
Insurance Software
Claims Management Software
SaaS
Linked Companies
Snapsheet
$1M to $5M