Simplifai Secures Strategic Investment from Idékapital to Fuel Expansion.

Simplifai's solutions streamline complex processes such as claims intake, processing, underwriting, and customer interactions by leveraging AI technology, aiming to improve efficiency and customer service.

Simplifai Secures Strategic Investment from Idékapital to Fuel Expansion.
Source: Simplifai

Company Name: Simplifai
Location: Oslo, Norway
Sector: AI, Insurance, Banking
Funding Details: Received an investment from Idékapital, amount undisclosed.
Purpose of Investment: To expand operations and development efforts.
Leadership: Led by CEO Bård Myrstad.


Product: Simplifai offers an AI Automation platform that specializes in solutions for the insurance and banking industries, including their flagship product, InsuranceGPT, which uses generative AI to automate business processes and enhance customer interactions.


About Company: Simplifai's solutions streamline complex processes such as claims intake, processing, underwriting, and customer interactions by leveraging AI technology, aiming to improve efficiency and customer service. The company also has international offices in Pune, India, the Netherlands, and Ukraine.