Omni:us

Omni:us

Verified
An Artificial Intelligence as a Service provider for intelligent insurance claim automation. Learn more

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$65m (Public information from Nov 2022)
Company register number HRB 179362 B (Charlottenburg (Berlin))
Berlin Germany (HQ)

Financials

Estimates*

Get premium to view all results
Edit
Revenues, earnings & profits over time
USD20192020202120222023
Revenues00000000000000000000
% growth-61 %--(38 %)
EBITDA00000000000000000000
Profit00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000
  • Edit
Get premium to view all results
DateInvestorsAmountRound
-investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor

$0.0

round
investor investor investor investor investor

$0.0

round
investor

$0.0

round
investor investor

$0.0

round
investor

$0.0

round
investor investor investor

$0.0

round
*

$12.4m

Valuation: $65.0m

Series A
Total Funding000k

Recent News about Omni:us

Edit
More about Omni:usinfo icon
Edit

Omnius is a startup specializing in artificial intelligence (AI) solutions designed to automate insurance claims processes. The company operates within the insurance sector, providing its services to insurance companies looking to streamline their claims handling workflows. Omnius leverages advanced AI, particularly Natural Language Processing (NLP), to read and process forms, significantly reducing the time and effort required by human agents. This automation helps insurers cut costs, improve data accuracy, and enhance overall efficiency.

The business model of Omnius revolves around offering its AI platform as a service to insurance companies. By integrating seamlessly into existing claims systems, Omnius provides a scalable solution that can be customized to meet the specific needs of each client. The company generates revenue through subscription fees for its AI platform, as well as through additional services such as support and customization.

Omnius serves a broad range of clients within the insurance industry, from large multinational insurers to smaller, regional firms. The company operates in a competitive market but distinguishes itself through its focus on AI-driven automation and its ability to integrate smoothly with existing systems.

The startup has received significant recognition and funding, including support from the European Horizon 2020 Research and Innovation Programme and the European Fund for Regional Development (EFRE). These endorsements highlight the company's innovative approach and its potential to transform the insurance claims process.

In summary, Omnius is a forward-thinking company that uses AI to automate and improve the efficiency of insurance claims processing, serving a diverse range of clients within the insurance industry and generating revenue through a subscription-based model.

Keywords: AI, insurance, claims automation, NLP, efficiency, cost reduction, data accuracy, subscription model, innovation, Horizon 2020.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.
Book a Demo