Owl.co
A data aggregator/analyzer that helps Financial Institutions know their customers like never before.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
| investor investor investor investor investor investor investor | €0.0 | round | |
| investor investor investor investor investor investor | €0.0 | round | |
| investor investor | €0.0 | round | |
* | CAD30.0m | Series B | |
| Total Funding | 000k | ||
| USD | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 64 % | 256 % | 192 % | 10 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Owl.co is a pioneering company that provides customer insight solutions specifically for the insurance industry. By utilizing cutting-edge technology like data analytics and machine learning, Owl.co helps insurance companies access unbiased information about claimants. This allows insurers to make faster and more informed decisions regarding claims. The platform is designed to unlock insights, prioritize claims, and explore best practices with unprecedented accuracy and efficiency.
Owl.co serves insurance companies, particularly those dealing with bodily injury claims. The company operates in the North American market, where many claimants face long delays, incorrect decisions, and high premiums. Owl.co's mission is to streamline the claim process, ensuring that decisions benefit the claimants and lead to quicker resolutions.
The business model of Owl.co revolves around providing a software-as-a-service (SaaS) platform. Insurers subscribe to this platform to gain access to its advanced data analytics and machine learning capabilities. The platform can analyze both structured data (like medical records and accident reports) and unstructured data (such as correspondences and other documents). This comprehensive analysis helps insurers uncover actionable insights, leading to more efficient claim processing and happier claimants.
Owl.co makes money through subscription fees paid by insurance companies for access to its platform. By offering a service that significantly improves the efficiency and accuracy of claim processing, Owl.co provides substantial value to its clients, justifying the cost of the subscription.
In summary, Owl.co is revolutionizing the insurance industry by providing a platform that leverages advanced technology to improve claim processing. This benefits both insurers and claimants by making the process faster, fairer, and more efficient.
Keywords: insurance, data analytics, machine learning, claim processing, SaaS, bodily injury, North America, efficiency, unbiased information, actionable insights.