Galaxy.AI create AI to automate P&C insurance claims processing, disrupting a $50B/year market.
Galaxy.AI has built proprietary deep learning technology for automated claims processing for the insurance industry. Galaxy uses machine vision and deep learning to analyze damaged vehicle images and provides claims cost in a mobile app. and to claim adjusters. The company was featured in Inc. as one of the top 7 artificial intelligence (AI) to watch in 2017. Galaxy is working with top 5 global insurance companies.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Aug 22, 2018 | Series Unknown | $2.89M | — | — | — | Detail |
Sep 28, 2016 | Seed | $120K | 2 | Techstars | — | Detail |
May 19, 2016 | Non-Equity Assistant | — | 2 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Techstars | Yes | Seed |
Right Side Capital Management | — | Seed |
Creative Destruction Lab (CDL) | — | Non-Equity Assistant |
MassChallenge | — | Non-Equity Assistant |