Agentech Secures $3 Million in Seed Round

by Kay Aloha Villamor in October 29th, 2024

Agentech, a New York-based global AI support workforce for insurance claims, has secured $3 million in seed funding. 

Investors 

The round was backed by a consortium of forward-thinking investors. 

Agentech Use of Funds 

With this funding, Agentech aims to expand its capabilities across the insurance claims workflow, focusing on processes such as FNOL and file review. 

About Agentech 

Founded by Robin Roberson and Alex Pezold, Agentech is an AI-driven platform providing a digital support workforce for insurance claims adjusters. Through its advanced AI agentic capabilities, Agentech automates mundane workflows, enabling faster and more accurate claims processing to support the desk adjuster. Agentech uses advanced Large Language Model (LLM) technology to automate the labor-intensive claims process. 

Funding Details 

Company: Agentech AI, Inc. 

Raised: $3.0M 

Round: Seed Round 

Funding Date: October 2024 

Lead Investors: Undisclosed 

Additional Investors:  

Company Website: https://www.agentech.com/  

Software Category: AI Support Workforce 

Source: https://www.businesswire.com/news/home/20241022350833/en/

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