Chicago-based start-up Snapsheet has raised a further $12m for its digital claims processing software business, with funding led by technology venture firm Tola Capital. The software, described as a mobile-first, data enabled workflow platform, enables motor insurance customers and adjusters to manage insurance claims via smartphones. “Insurance companies are increasingly using mobile devices in their workflow, but they have struggled to integrate these new technologies into the existing systems that support them,” said CEO and co-founder David DeAngelis.
Chicago-based start-up Snapsheet has raised a further $12m for its digital claims processing software business, with funding led by technology venture firm Tola Capital. The software, described as a mobile-first, data enabled workflow platform, enables motor insurance customers and adjusters to manage insurance claims via smartphones. As part of the series D capital round, Tola managing director Sheila Gulati will join Snapsheet's board of directors.