About Five Sigma Labs
Five Sigma Labs is a company based in Tel Aviv (Israel) founded in 2017 by Dror Sholomon, Oded Barak, Edan Hanina, and Michael Krikheli. Five Sigma Labs has raised $12 million across 2 funding rounds from investors including Aquiline Capital Partners, 83NORTH and F2 Venture Capital. Five Sigma Labs offers products and services including Claims Management Platform, AI-Driven Insights, and Omnichannel Communications. Five Sigma Labs operates in a competitive market with competitors including Encircle, Zemble, Sensor Networks, Field Pros Direct and Galacticar, among others.
- Headquarter Tel Aviv, Israel
- Founders Dror Sholomon, Oded Barak, Edan Hanina, Michael Krikheli
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Sectors
Financial Services
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
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EBITDA
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Total Equity Funding
$12 M (USD)
in 2 rounds
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Latest Funding Round
Not available
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Investors
Aquiline Capital Partners
& 6 more
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Employee Count
Not available
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Products & Services of Five Sigma Labs
Five Sigma Labs offers a comprehensive portfolio of products and services, including Claims Management Platform, AI-Driven Insights, and Omnichannel Communications.
AI-based tool for automating insurance claims handling and analytics
Provides data-driven decision-making for claims efficiency
Facilitates integrated messaging for claims stakeholders
People of Five Sigma Labs
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Funding Insights of Five Sigma Labs
Five Sigma Labs has successfully raised a total of $12M across 2 strategic funding rounds. 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 Five Sigma Labs
Five Sigma Labs has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Aquiline Capital Partners, 83NORTH and F2 Venture Capital.
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Private equity and debt investments are directed toward financial sectors.
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Tech-focused, stage-agnostic venture capital is provided by 83NORTH.
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Early-stage venture capital investing in Israeli startups across technology and innovation sectors.
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Investor details for Five Sigma Labs
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Investments & Acquisitions by Five Sigma Labs
Investment portfolio details for Five Sigma Labs
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Financial Statements - Five Sigma Labs
Detailed financials for Five Sigma Labs
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Five Sigma Labs Comparisons
Peer comparison for Five Sigma Labs
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Competitors of Five Sigma Labs
Five Sigma Labs 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 Encircle, Zemble, Sensor Networks, Field Pros Direct and Galacticar, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Claim processing platform for insurance and restoration contractors is provided.
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A cloud-based platform is utilized for stakeholder management and collaboration.
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Cloud-based insurance claims management software is offered.
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On-demand adjusters network is utilized for claims inspection and submission.
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Delivers an automated application for efficient insurance claims processing.
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Detailed competitors of Five Sigma Labs
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Latest news on Five Sigma Labs
Complete news archive for Five Sigma Labs
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Frequently Asked Questions about Five Sigma Labs
Five Sigma Labs was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Five Sigma Labs is headquartered in Tel Aviv, Israel.
Oded Barak is the current CEO of Five Sigma Labs. They have also founded this company.
Five Sigma Labs is a funded company, having raised a total of $12M across 2 funding rounds to date.
Five Sigma Labs was founded in 2017 in Tel Aviv, Israel, as a provider of a cloud-based platform for the insurance sector. Claims resolution, performance management, and administrative task automation are supported through the platform. Artificial intelligence is leveraged for enhanced workflows and reporting solutions, enabling efficient operations in claims processing.
Five Sigma Labs's top competitors include Sensor Networks, Encircle and Zemble.
Five Sigma Labs offers Claims Management Platform, AI-Driven Insights, and Omnichannel Communications.
Five Sigma Labs has 7 investors. Key investors include Aquiline Capital Partners, 83NORTH, F2 Venture Capital, Pipeline Capital Partners, and O.G. Tech.