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Snapsheet provides a cloud-based claims processing platform for auto and property insurance, sold as a SaaS solution. It handles the full claims workflow from first notice of loss to settlement, including virtual appraisals and digital payments. The platform automates processes and offers a digital customer experience, supporting FNOL intake, workflow routing, appraisal and repair management, and settlement within a single system. By delivering an end-to-end, cloud-native solution with a partner ecosystem, Snapsheet helps carriers reduce claim cycle times, improve appraisal accuracy, and enhance customer experiences, aiming to streamline operations and grow insurers' businesses.
Industries
Data & Analytics
Enterprise Software
Financial Services
Company Size
201-500
Company Stage
Late Stage VC
Total Funding
$111.6M
Headquarters
Chicago, Illinois
Founded
2011
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Total Funding
$111.5M
Below
Industry Average
Funded Over
9 Rounds
Health Insurance
Dental Insurance
Vision Insurance
Short Term Disability
Long Term Disability
Life Insurance
Accident Insurance
Hospital Indemnity
Critical Illness
Legal Assistance
401(k) Retirement Plan
401(k) Company Match
Employee Assistance Program
Unlimited Paid Time Off
Paid Holidays
Remote Work Options
Performance Bonus
Mentorship Program
Company Social Events
Health Savings Account/Flexible Spending Account
Snapsheet has been named a Luminary in Celent's 2026 North America P&C Claims Systems report, the highest distinction amongst 66 evaluated systems. The cloud-native claims management platform was assessed on advanced technology, breadth of functionality, and customer base and support. The recognition coincides with the launch of Snapsheet AI, a native AI infrastructure that can be deployed within 90 days through no-code configuration. The company serves over 75 property and casualty carriers, third-party administrators, and managing general agents. Snapsheet's customer base has grown 60% year over year, spanning auto, property, and multiline commercial claims. The platform aims to replace legacy systems with integrated, cloud-native technology built for the full claims lifecycle.
PALO ALTO, Calif., May 7, 2025 /PRNewswire/ -- Liberate, the leading conversational voice AI platform designed to transform the insurance industry, has announced a new partnership and pre-built integration with Snapsheet, an industry leader in modern claims management technology. This collaboration allows insurance carriers to go live with a fully automated, AI-driven claims experience—without the heavy lift.With this integration, Snapsheet customers can easily add Liberate's conversational voice AI into their claims workflows, delivering fully automated first notice of loss (FNOL), claim status updates, and document requests—24/7, with zero hold times. The result is a faster, more affordable path to claims automation that doesn't require additional headcount or complex implementation."Liberate exists to help insurers break free from the inefficiencies and rising costs of manual work and deliver 5-star service at a fraction of the cost," says Amrish Singh, CEO and co-founder of Liberate. "Together with Snapsheet, we're giving insurers the ability to transform claims operations—within days, not months—and delight customers with always-on, conversational AI that gets things done."Snapsheet customers can now deploy voice-powered digital claims experiences using Liberate's pre-integrated platform, without writing a single line of code. This plug-and-play approach enables carriers to automate repetitive, high-volume tasks like FNOL intake and status checks, while maintaining compliance and delivering a human-like customer experience.Branch Insurance, a long-time Snapsheet customer, is already reaping the benefits of the integration and has achieved a 65% adoption rate for its new Voice AI + Digital FNOL claim reporting and a substantial 70% cost savings with Liberate."The integration with our claim system has improved data integrity and enhanced the vendor assignment process, leading to more consistent claim outcomes. These capabilities enable real-time data sharing that accelerates the entire claim process, which not only enhances accuracy, but also provides a much better customer experience," says Charlie Wendland, Chief Claims Officer at Branch."Liberate is a great, natural fit for Snapsheet's ecosystem considering we share a common vision and Liberate's technology/solution possesses tremendous strength and utility," says David Beck, Business Operations Manager, Snapsheet
CHICAGO, Feb. 27, 2025 /PRNewswire/ -- Snapsheet, a leader in claims management technology, is excited to announce a strategic partnership with CrashBay, an advanced repair management platform, to enhance efficiency and transparency in the claims and repair process for insurers
Innovative collaboration aims to enhance customer experience and improve loss ratio with breakthrough claims management technologyBROOKLYN, N.Y., Aug. 17, 2023 /PRNewswire/ -- Koffie Financial , a vertically integrated financial services platform for the trucking industry, has teamed up with Snapsheet , the pioneer in cloud-based claims management software, to transform the way claims are processed in the trucking sector. This strategic partnership aims to enhance Koffie Financial's claims management capabilities, improve loss ratio, and deliver an exceptional customer experience.In the trucking industry, accidents are all too common, with the Federal Motor Carrier Safety Administration (FMCSA) reporting an average of 500,000 accidents per year. These incidents result in significant delays and financial losses for businesses. To address these challenges, Koffie Financial has deployed Snapsheet's innovative claims management platform, leveraging customer-centric technology and intelligent automation to streamline and optimize the claims journey.By implementing Snapsheet's platform, Koffie Financial has already achieved remarkable improvements in key performance indicators. Early data shows an impressive close ratio, exceeding industry standards by 25%
Snapsheet, a Chicago, IL-based claims management technology company, received an investment from State Farm Ventures
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Industries
Data & Analytics
Enterprise Software
Financial Services
Company Size
201-500
Company Stage
Late Stage VC
Total Funding
$111.6M
Headquarters
Chicago, Illinois
Founded
2011
Find jobs on Simplify and start your career today