– Instantly pays practices for their patients visits without the need to bill or fill in paperwork. Claims paid within 24 hours
– Uses a proprietary algorithm to build a risk profile of each transaction, based on the insurance policy, the healthcare provider, and the treatment
Novee AI Raises £1.6M to Build Intelligence Layer for Commercial and Specialty Underwriting
Novee AI, a London-based insurtech startup, has secured £1.6 million in pre-seed funding to develop its AI-powered risk assessment platform for commercial and specialty insurance. The round was led by early-stage B2B SaaS investor 42Cap, with additional backing from Insurtech Gateway, a prominent investor in insurance technology.
