AI insurtech omni:us targets Europe & UK expansion with €12m funding
Berlin-based artificial intelligence (AI) powered insurtech omni:us, which offers insurance claims management automation solutions, has closed its €12 million Series A+ expansion financing round with W&W subsidiary Württembergische Versicherung, as well as existing investors.
With the financing, the company plans to further invest in its end-to-end claims automation technology and expand its team and presence in Europe and the UK.
"This Series A+ builds on an exceptional year for omni:us. We were able to add leading insurance companies to our customer base in Europe, launch key feature enhancements to our AIaaS (Artificial Intelligence-as-a-Service) offering - the omni:us Digital Claims Adjuster - and at the same time strengthen our team with outstanding talent. We are particularly excited about the participation of W&W subsidiary Württembergische Versicherung and the strong commitment of our existing investors,” said Martin Micko, CCO & co-founder of omni:us.
Sofie Quidenus-Wahlforss, the company's CEO and co-founder added: "The subsidiaries of W&W stand for stability and success for over 100 years. Over the past year of our collaboration, we were able to gain impressive insights into the strong foundation they have built over the last century. With their constant openness to innovate and overwhelming reliability, they have proven to be an exceptional partner. This is an excellent prerequisite for an effective and successful path ahead to help shape the future of insurance together. We are very much looking forward to learning from, and working with, them."
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