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
