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EvolutionIQ creates software for the insurance industry that enhances the claims handling process using artificial intelligence. The software helps insurance examiners and adjusters quickly identify the right claims to address, improving efficiency and accuracy. Unlike competitors, EvolutionIQ's AI can analyze bodily injury claims like a medical expert, allowing for faster assignment to specialized teams and predicting claim outcomes earlier. The company's goal is to streamline the claims process, reduce stress for claimants, and increase the rate of Return to Work outcomes.
Company Stage
Series B
Employees
51-200
Industries
Enterprise Software, AI & Machine Learning, Financial Services
Total Funding
$43.3M
Headquarters
N/A
Founded
2019
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