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Artivatic

Artivatic is an AI Insurtech & Healthtech that allows insurance businesses to distribute products with personalisation, control costs, automated buyer journey, 360 profile assessment, automated underwriting, collections and post policy servicing.

DeepTech, Insurance, HealthTech / MedTech / Healthcare, FinTech

Products and Services

DARVIN - AI HEALTH

DARVIN is Modular API Based Healthcare platform for Customers, Insurance, Clinics, Hospitals & TPA.

Darvin is 360 AI Health platform and ecosystem for patient advisory, provider network, health intelligence, health claims auto adjudication using AI.

Health and Fitness

360 Health, finance & insurance App for end users to get recommended products, advise, insurance, health and claims products. Track your aspiration.

Health and Fitness

AUSIS - ALTERNATIVE

Alternative Smart AI Underwriting for health & life insurance using device, location, social, environmental and 3rd parties Data.

Xtractor - OCR /ICR

Xtractor is smart and AI based OCR/ICR Platform for document extraction, analysis and automation.

Artificial Intelligence

AI ACCIDENTAL CLAIMS

AI Based platform for accidental and death claims to make settlement in realtime.

ProdX - Products Config

Prodx allows insurance & distributors to build new products based on risk analysis and need. ProdX allows byte sized, stackable, combined products.

MiO - Virtual Branch

MiO Is all in one virtual branch platform for agents, branches, sales, marketing, field forces, self servicing and customers.

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AI Based platform for detecting damages images from vehicles and estimating instant claims payout. Eliminating the needs of physical inspection.

Basic Information

Bengaluru based Artivatic is a know-how platform that allows insurance businesses to distribute products with personalisation, control costs, automated buyer journey, 360 profile assessment, automated underwriting, collections and post policy servicing. They also provide automation with behavioral learning, trends and actionable insights, and decisions making power using information, data, AI and ML. It enables businesses to have in-depth multi source data focused intelligence and decisions. Artivatic also offers consumer profiling intelligence, KYC automation and compliance, automated decisions, monitoring, claims processing, sentiment/psychology behaviour, auto insurance claims, travel insurance, disease prediction, device-based health profiling and more.

Headquarters

:

Bengaluru, Karnataka, India

Business Model

:

B2B

Founding Date

:

Jan 2017

Core Team

:

1.

Puneet Tandon

Co-founder & COO

2.

Layak Singh

Founder & CEO

Timeline

2018

Product Launch

Sep | Product Launch

Launched API enabled UW Product for customers.

2019

Started Generating Revenue

Feb | Started Generating Revenue

Got first revenue.

Revenue Stream

Target Market

B2C

For Patients, Providers.

User Age

:

18 to 25, 26 to 34, 35 to 45, More than 60, 46 to 60

User Income

:

Lower-middle Income, Lower Income, Upper-middle Income, High Income

Location

:

India, India Tier 1, India Tier 2, India Tier 3

B2B

Insurance Carriers, Brokers, Reinsurance, Hospitals & Payment, Transactions, eCommerce, SME companies.

Client Segment

:

DeepTech, FinTech, Insurance, SaaS, HealthTech / MedTech / Healthcare, Financial Services

Target Companies

:

Large Enterprise, Medium Enterprise, Startup, Small Enterprise

Target Geography

:

Global, India, North America, Asia Pacific, Europe, South America, India Tier 1, India Tier 2, India Tier 3, Africa

Funding

Total Funding

$850.0k

Investors

:

1.

Lucida Technologies

2.

Spark10

3.

IAN Fun I

4.

SenseAI Ventures

See More

Detail Round Breakdown

Round 1

Series Name

:

SEED

Date

:

4th Aug 2020

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