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Agentech Secures $3M in Seed Funding to Revolutionize Insurance Claims

Agentech's innovative use of AI is transforming insurance claims. With $3M in funding, the company is set to expand its capabilities and revolutionize the industry.

This picture contains a box which is in red, orange and blue color. On the top of the box, we see a...
This picture contains a box which is in red, orange and blue color. On the top of the box, we see a robot and text written as "AUTOBOT TRACKS". In the background, it is black in color and it is blurred.

Agentech Secures $3M in Seed Funding to Revolutionize Insurance Claims

Agentech, a New York-based AI-driven platform, has secured $3 million in seed funding. The company, founded by Robin Roberson and Alex Pezold, operates in the AI Support Workforce software category, automating mundane workflows for insurance claims adjusters.

Agentech's innovative use of advanced Large Language Model (LLM) technology enables faster and more accurate claims processing. The platform provides a digital support workforce, assisting adjusters with tasks such as First Notice of Loss (FNOL) and file review.

The seed round, led by undisclosed investors and closed on October 2024, will be used to expand Agentech's capabilities across the insurance claims workflow. The company aims to streamline processes and improve efficiency for its clients.

Agentech, with its website at https://www.agentech.com/, has raised $3.0M in a seed round backed by a consortium of forward-thinking investors. The company's mission is to revolutionize the insurance claims process using AI, and this funding is a significant step towards that goal.

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