How much funding has Five Sigma raised?

Five Sigma has raised $20.0M in total funding, most recently a Extension Round.

Who are Five Sigma's investors?

Five Sigma's investors include Aquiline Technology Growth, 83North, F2 Venture Capital, Pipeline Capital, iGlobe Partners, O.G. Tech.

When was Five Sigma founded?

Five Sigma was founded in 2017.

Where is Five Sigma headquartered?

Five Sigma is headquartered in Tel Aviv, Israel.

What industry is Five Sigma in?

Five Sigma operates in Claims Management, Insurtech, Artificial Intelligence, SaaS.

How many employees does Five Sigma have?

Five Sigma has 51-200 employees.

Five Sigma

AI-Native Claims Management for Modern Insurers

Tel Aviv, Israel · Founded 2017 · $20.0M raised

Claims Management

Insurtech

Artificial Intelligence

SaaS

Headquarters: Tel Aviv
Employees: 51–200
Founded: 2017
Business Model: B2B

Website: fivesigmalabs.com
Total Funding: $20.0M
Last Round: $8.0M Extension RoundJan 2022
Rounds: 2

About

Five Sigma is an AI-native claims management platform that helps insurers, MGAs, and TPAs modernize their claims operations. The platform combines an AI claims management system (CMS) with Clive™, a multi-agent AI claims expert that guides adjusters through each step of a claim — automating routine tasks, surfacing actionable insights, and reducing errors. Five Sigma supports P&C lines including auto, home, business, workers' comp, cyber, pet, and specialty insurance, delivering 2x faster claims handling and 30% cost reduction for customers.

Summary

Five Sigma is a Claims Management company based in Tel Aviv, Israel, founded in 2017. It has raised $20.0M in total across 2 rounds, most recently a $8.0M Extension Round round in Jan 2022. Investors include Aquiline Technology Growth, 83North and F2 Venture Capital.

LinkedIn X (Twitter)