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January 31, 2024

Wisedocs scores $9.5m in Series A to AI-fy InsurTech revolution.

Wisedocs, a prominent InsurTech company, has raised $9.5 million in a Series A funding round led by Information Venture Partners. The funds will be used to support the company’s growth, including expanding its team and product offerings. Wisedocs specializes in machine learning software-as-a-service for medical record review and summary, aiming to transform the insurance industry’s medical claims process. The company recently entered the American market and plans to launch a Generative AI product suite to streamline the claims process. Wisedocs CEO Connor Atchison stated that the funding round showcases the success of their technological advancements and their commitment to making the claims process more efficient for all parties involved.