Snapsheet, a Claims Management Platform Leader, Secures $30MM in Series E2 Financing
Summary
Snapsheet raised $30 million in Series E2 financing to expand its cloud-native claims management platform. The company plans to use the capital to accelerate product development, add new functionality, and hire across engineering and sales. Investors backing the round include Ping An Global Voyager Fund and Pivot Investment Partners, along with several existing insurance and venture backers. Snapsheet says demand for its automated claims software has surged as insurers continue digitizing customer experiences.
Funding
Amount
$30.0M
Total raised
Date
March 25, 2021
Announcement date
Investors
Pivot Investment Partners, Nationwide Mutual Capital, Ping An Real Estate, Commerce Ventures, Intact Ventures, Liberty Mutual, Tola Capital
Lead investors
Company
snapsheetclaims.com
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