Snapsheet announces Series E funding round, driving the future of claims management for the insurance industry

Funding Rounds

▤ Summary

CHICAGO, May 20, 2019 /PRNewswire/ -- Snapsheet, a pioneer in virtual claims solutions, today announced that it has closed $29 million in Series E funding. The funding will enable Snapsheet to accelerate the delivery of its end-to-end SaaS claims platform for all lines of property and casualty, further invest in advanced analytics capabilities and expand the team to serve clients globally. " Weisberg added, "We have helped to lead a digital and data-driven revolution that is transforming how our clients engage with their customers and stakeholders across the auto claims ecosystem. Every interaction is an opportunity to create greater customer satisfaction and loyalty, and Snapsheets platform yields both as it streamlines claims experiences for end-customers. " FT Partners served as the exclusive strategic and financial advisor to Snapsheet and its board of directors in the transaction.

$ Funding

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Amount $29.0M Total raised
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Date May 20, 2019 Announcement date
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Investors OCA Ventures, F-Prime Capital, Tola Capital Lead investors
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Company https://www.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