DigsFact

DigsFact, established in June 2018, is a software development company operating in the artificial intelligence and real estate analytics sectors. The firm's genesis is rooted in the personal experience of its founder and CEO, Nishant Tomar. In 2017, Tomar endured a frustratingly slow and inefficient process while dealing with a fire claim for his house, an ordeal that took 17 days just to receive a repair cost estimate. This event served as the catalyst for creating a technology-driven solution to streamline property claims and restoration, leading to the incorporation of DigsFact the following year.

The company targets the property and casualty (P&C) insurance market, serving insurance carriers, restoration companies, and independent adjusters. Its business model is primarily transaction-based, charging on a per-claim or per-project basis. DigsFact's core offering revolves around a proprietary, patent-pending technology that leverages AI, computer vision, and augmented reality to automate the remote estimation of property claims, repairs, and renovation projects. This approach aims to reduce estimation costs by up to 90% and accelerate the process by a factor of ten.

DigsFact has developed two main products: InstaBud and The PreCogs. InstaBud is an AI tool for virtual property inspections for claims, repairs, underwriting, and restoration. It consists of a mobile app for policyholders or field inspectors and a web portal for adjusters and contractors. A user can upload a video or photos of property damage, from which the AI extracts relevant data like measurements and layouts in real-time. The platform can generate 2D and 3D sketches and allows for custom measurements directly from the visuals. This enables adjusters to remotely estimate costs almost instantly, with data outputs formatted for seamless integration with major industry software like Verisk's Xactimate and CoreLogic's Claims Workspace. The PreCogs is a product focused on proactively detecting and preventing financial crimes such as fraud and money laundering.

The company has achieved significant milestones, including raising $340,000 in funding and participating in the Plug and Play accelerator program, which facilitated key corporate introductions. In June 2025, Millennium Information Services (MIS), an Xceedance company, made a strategic investment in DigsFact to advance AI-powered property inspections. This partnership integrates DigsFact's InstaBud with MIS's underwriting inspection platform, MAPS, to deliver more scalable solutions for insurers. The company has also secured strategic partnerships with industry giants CoreLogic and Verisk Analytics, integrating its solution into their widely used platforms. The leadership team includes Nishant Tomar as CEO, Himanshu Shukla as Chief Technical Officer, and Dr. Debasrita Chakraborty as Real Intelligence Officer. Keywords: property claims automation, virtual property inspection, AI-powered estimation, InsurTech, restoration technology, remote damage assessment, computer vision real estate, property and casualty insurance tech, claims processing software, automated underwriting, digital claims management, CoreLogic integration, Verisk integration, fraud detection finance, PropTech, renovation estimation, construction tech, real-time property data, 3D property modeling, Nishant Tomar