Locations
London, UK · United Kingdom · England, UK · Mile End, London, UK · Kingston Vale, London SW15, UK
industry
Data and Analytics · DeepTech · Finance · Information Technology · Software
Size
11-50 employees
Stage
Other
founded in
2018
Sprout.ai is an AI-powered claims automation platform designed for insurance providers, enabling them to deliver fast and accurate claims decisions. The platform utilizes advanced technologies such as Optical Character Recognition (OCR) and Natural Language Processing (NLP) to streamline the claims process, significantly reducing settlement times and enhancing fraud detection. With a focus on customer experience, Sprout.ai is configurable across various insurance lines and supports multiple languages, making it suitable for global insurers. The company has demonstrated strong traction by helping insurers settle over 50% of claims in real time, positioning itself as a leader in the insurance technology market.
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