Five Sigma: Raises $12M in Series A Funding

Five Sigma Raises $12M in Series A Funding

• Five Sigma, a Tel Aviv, Israel-based claims platform provider, raised $12M in Series A funding
• The round was led by 83North, F2 Venture Capital and Pipeline Capital with participation from Eyal Ofer’s O.G. Tech, Xceedance and iGlobe Partners
• The company intends to use the funds to accelerate growth and expansion plans, plus continue to deliver game-changing solutions for its customers
• FiveSigma provides end-to-end claims resolution platform for the P&C personal and commercial market
• The platform addresses all aspects of claims management including claim intake/First Notice of Loss (FNOL), coverage, liability, financials
• Customers include INSHUR, Hippo, MGM, Palomar, Qover and others