Last deal

$2M

Amount

Seed

Stage

28.04.2022

Date

6

all rounds

$2M

Total amount

General

About Company
MotionsCloud streamlines and automates property and vehicle insurance claims using computer vision technology.

Industry

Sector :

Subsector :

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founded date

12.01.2016

Number of employees

Company Type

For Profit

Last funding type

Seed

IPO status

Private

Description

The company's claims automation engine uses AI to analyze car and property damage for insurance companies, reducing claim cycle time from 10 days to 3 hours and saving up to 75% on claims processing costs. MotionsCloud offers mobile self-service, AI computer vision technologies, and live video inspection technologies modules that can plug into existing claims systems. The solution improves productivity, simplifies and automates processes, connects trusted services, and enhances the customer claims experience. Currently, MotionsCloud serves clients in the US, Europe, and Southeast Asia.
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