🌟 Sprout.ai has raised £5.4m from global investors to transform claims processing! 🌟 With our vision to 'Make every claim better' this round led by Amadeus Capital Partners and Praetura Ventures will allow us to continue to invest in product innovation and AI, drive forward our go-to-market strategy and accelerate growth. Thank you to Capricorn Capital Partners UK, Forefront Venture Partners, Verstra Ventures and Portfolio Ventures Angel Fund who also joined this round, as well as the continued support of our existing investors, Octopus Ventures, Playfair and Techstars. https://lnkd.in/egdEkz3f
Sprout.ai
IT Services and IT Consulting
London, England 5,060 followers
AI powered insurance claims automation
About us
The most intelligent claims automation platform. Sprout.ai’s powerful AI-driven technology delivers fast and accurate claims decisions. Turning claims delays into real-time resolutions. Sprout.ai is used by leading insurers across the globe including AXA and AdvanceCare. Described as the brain behind the scene, Sprout.ai reduces the burden on claims handling teams and enables better claims experiences, driving high customer retention and improved efficiency. It typically takes insurers 25-30 days to process a claim. With Sprout.ai insurers have been able to process 60% of their claims straight through, with a 98% accuracy.
- Website
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http://www.sprout.ai
External link for Sprout.ai
- Industry
- IT Services and IT Consulting
- Company size
- 51-200 employees
- Headquarters
- London, England
- Type
- Privately Held
- Founded
- 2018
- Specialties
- AI, Fraud detection, Insurance, and Claims automation
Locations
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Primary
Spaces, 25 City Road
London, England EC1Y 1AA, GB
Employees at Sprout.ai
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Roi Amir
CEO at Sprout.ai ♦ Providing a delightful Insurance Claim experience through AI led products ♦ Claim settlement time reduced from weeks to minutes…
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Colman Stephenson
Chief Financial Officer, Advisor and Entrepreneur.
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Steve Jay
Senior Product Manager at Sprout.ai
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Vishal Madaan
Customer Engagement | InsurTech | SAAS
Updates
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Our latest report, "The AI Paradox in Healthcare Claims," explores how AI can accelerate claims processing, improve accuracy, and restore customer trust. 🚨 Expectation: 37% of UK consumers expect their claim to be processed within a day. ⏳ Reality: 56% of UK respondents and 45% of US respondents have waited over a month for their claim to be processed. This disconnect is causing frustration, lost sleep, and even customer churn. So how can insurers bridge the gap between expectations and reality? 📥 Download the full report now: https://lnkd.in/eYqQkGMC #Insurance #Health #Claims #ResearchReport #Innovation
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We’re excited to be attending insureNXT– the international congress fair driving innovation across the insurance industry! 🚀 As a future-focused platform, insureNXT brings together insurers, brokers, startups, and cross-industry innovators to reimagine what insurance can be. From digital transformation to evolving customer expectations, this is where the future of insurance takes shape. We hope to see you in Germany! 🇩🇪 #insureNXT #Insurance #Innovation #Insurtech #SproutAI #Claims #Automation
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At Sprout.ai, we’re making every claim better, and it’s people like Pedro B. who make it happen. 🚀 In the second edition of our Employee Spotlight Series, Pedro shares his journey, and what it’s like to work on cutting-edge AI that improves the lives of thousands of policyholders every month. From joining a mission-driven team to growing through hands-on experience, Pedro’s story is all about purpose and progress. 👉 Read Pedro’s story here: https://lnkd.in/efjh2zV2 #EmployeeSpotlight #DataScience #InsurTech #LifeAtSprout #AI #Claims #Innovation #Sproutai
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1 month to go until ITC Europe in Amsterdam! 🚀 On May 21st and 22nd, the event will bring together industry leaders and visionaries to explore how technology and collaboration are driving the future of insurance across Europe. We hope to see you in Amsterdam! #ITCEurope #Networking #Innovation #Claims #InsurTech
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🏆 50% say fairness and accuracy are the top priority. 🤖 32% of UK consumers and 31% of US consumers worry about incorrect claims decisions. AI has the potential to enhance accuracy and reduce errors, but a knowledge gap remains. Our latest research uncovers what insurers need to do to build trust and transparency with customers. 📖 Read the report now: https://lnkd.in/efqNFjaG #Insurance #Health #Claims #ResearchReport #Innovation
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Sprout.ai reposted this
Not long to go until ITIC: International Travel & Health Insurance Conferences in Southampton! I will be giving real world examples of how businesses are using AI and technology to support travel and health claims today. Hope to see you there! #Networking #ITIC #Claims #Innovation
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In a new Maddyness UK article, our CEO Roi Amir shares why AI is no longer just an efficiency play for insurers, it’s a strategic necessity. From faster claims resolution to enhanced fraud detection, AI is helping insurers deliver better outcomes for customers and teams alike. Bt success doesn’t come from tech alone. It requires strong governance, clear goals, and a commitment to transparency. 📖 Read the full article here: https://lnkd.in/e5qm2c_9 #AI #Innovation #InsurTech #SproutAI #Claims #Automation #DigitalTransformation #CustomerExperience #Insurance
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Our latest report, The AI Paradox in Healthcare Claims, reveals: ✅ Insights from +2000 consumers in the UK and US on their opinion of health claims ✅ What really matters to customers in 2025 ✅ Why AI could be the only answer 📥 Download the report now: https://lnkd.in/eAET86yx #Insurance #Health #Claims #ResearchReport #Innovation
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At Sprout.ai, it's our people who power the future of insurance. 💡 That’s why we’re excited to launch our Employee Spotlight Series: a behind-the-scenes look at the real stories, motivations, and moments that shape life at Sprout.ai. From engineers and data scientists building cutting-edge AI to GTM leaders driving global growth, our team turns our vision of making every claim better into reality. 🌱 First up, Engagement & Operations Manager, Emily Weager! 🚀 👇 Read the full blog to hear Emily's thoughts on what it's really like to be part of the Sprout.ai team: https://lnkd.in/eQWWtsDW #EmployeeSpotlight #InsurTech #LifeAtSprout #AI #Insurance #Innovation