About Claim Genius
Claim Genius is a company based in Iselin (United States) founded in 2017 by Raj Pofale. Claim Genius has raised $10.55 million across 3 funding rounds from investors including Financial Link and Siri Info Solutions. The company has 100 employees as of April 07, 2024. Claim Genius offers products and services including GeniusINSPECT, GeniusAI Engine, Dashboard, and App. Claim Genius operates in a competitive market with competitors including Solera, Snapsheet, Boundless Rider, Tempcover and Surround Insurance, among others.
- Headquarter Iselin, United States
- Employees 100 as on 07 Apr, 2024
- Founders Raj Pofale
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Sectors
Financial ServicesTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Claim Genius India Private Limited
- Date of Incorporation 23 Aug, 2018
- Jurisdiction Nagpur,, Maharashtra, India
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Annual Revenue
$2.04 M (USD)15.62as on Mar 31, 2023
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Net Profit
$134.72 K (USD)22.16as on Mar 31, 2023
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EBITDA
$231.82 K (USD)12.22as on Mar 31, 2023
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Total Equity Funding
$10.55 M (USD)
in 3 rounds
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Latest Funding Round
$6.05 M (USD), Series A
Oct 15, 2021
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Investors
Financial Link
& 1 more
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Employee Count
100
as on Apr 07, 2024
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Products & Services of Claim Genius
Claim Genius offers a comprehensive portfolio of products and services, including GeniusINSPECT, GeniusAI Engine, Dashboard, and App.
AI platform for vehicle damage assessment and claims processing.
Engine for accurate AI-based damage estimation in insurance.
Platform to review and approve inspection estimates quickly.
App for capturing images and videos of damaged vehicles.
People of Claim Genius
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Funding Insights of Claim Genius
Claim Genius has successfully raised a total of $10.55M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $6.05 million completed in October 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Claim Genius
Claim Genius has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Financial Link and Siri Info Solutions.
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Offers IT consulting, software development, cloud transformation, and industry partnerships.
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Investor details for Claim Genius
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Investments & Acquisitions by Claim Genius
Investment portfolio details for Claim Genius
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Financial Statements - Claim Genius
Detailed financials for Claim Genius
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Claim Genius Comparisons
Peer comparison for Claim Genius
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Competitors of Claim Genius
Claim Genius operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Solera, Snapsheet, Boundless Rider, Tempcover and Surround Insurance, among others.
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Integrated automotive software solutions are provided for enhanced efficiency.
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Cloud-based software is offered for auto insurance claim management.
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Two-wheeler insurance products are provided via an online platform.
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Short-term auto insurance is distributed via an online platform.
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Auto insurance solutions are delivered via a cloud-based platform.
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Detailed competitors of Claim Genius
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Latest news on Claim Genius
Complete news archive for Claim Genius
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Frequently Asked Questions about Claim Genius
Claim Genius was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Claim Genius is headquartered in Iselin, United States. It is registered at Iselin, New Jersey, United States.
Raj Pofale is the current CEO of Claim Genius. They have also founded this company.
Claim Genius is a funded company, having raised a total of $10.55M across 3 funding rounds to date.
As of Apr 07, 2024, the latest employee count at Claim Genius is 100.
Annual revenue of Claim Genius is $2.04M as on Mar 31, 2023.
Claim Genius was founded in 2017 and is headquartered in Iselin, United States. The platform is focused on the auto insurance sector, where computer vision and deep machine learning are employed to handle first notice of loss, repair estimates, salvage bids, and parts analysis. A mobile app is offered for claims processing, alongside a customizable API for integration with client systems.
Claim Genius offers GeniusINSPECT, GeniusAI Engine, Dashboard, and App.
Claim Genius has 2 investors. Key investors include Financial Link, and Siri Info Solutions.