ClaimScore Raises $3.15M Seed Funding to Expand AI-Based Legal Claim Validation Solutions.
ClaimScore is dedicated to improving the efficiency and transparency of legal processes by leveraging AI technology to combat fraud in claim validation.
Company Name: ClaimScore
Location: Pompton Lakes, NJ
Sector: Legal Tech/AI
Funding Details: Raised $3.15M in Seed funding, led by ROC Venture Group.
Purpose of Investment: To support continued growth and enhance operational capacities, particularly expanding offerings targeted at law firms, in-house counsel, and claims administrators.
Leadership: Led by President Donald Beshada, CEO Bob Gallo, and Bryan Heller.
Product: ClaimScore provides an AI and machine-learning-based anti-fraud software that validates real-time claims, particularly for class action settlements, to identify and prevent fraudulent payouts.
About Company: Founded in 2022, ClaimScore is dedicated to improving the efficiency and transparency of legal processes by leveraging AI technology to combat fraud in claim validation.
