Claim Genius
Claim Genius, Inc, based in Edison, New Jersey, with development centers in Pune, Nagpur, and Hyderabad, India, is a global leader in AI-based vehicle inspection solutions. Their comprehensive AI inspection suite covers the entire vehicle lifecycle including insurance underwriting, claims, lease & rental, transportation, salvage, and recycling. Their GeniusINSPECT suite offers automated damage assessment, repair/replace decisions, total loss prediction, fraud detection, and policy recommendations, powered by a tested AI engine with over 95% vehicle coverage. The company provides a white-labeled app for capturing vehicle damage images and videos, an intuitive dashboard for reviewing and approving estimates, and an easy-to-integrate API. Claim Genius's solutions reduce inspection time and costs, improve accuracy, and enhance customer satisfaction, making touchless inspections a reality. The company is led by an experienced executive team with deep fintech, data science, and startup expertise, and has established partnerships with major industry players, positioning it strongly in the automotive insurance technology market.
Claim Genius
Claim Genius, Inc, based in Edison, New Jersey, with development centers in Pune, Nagpur, and Hyderabad, India, is a global leader in AI-based vehicle inspection solutions. Their comprehensive AI inspection suite covers the entire vehicle lifecycle including insurance underwriting, claims, lease & rental, transportation, salvage, and recycling. Their GeniusINSPECT suite offers automated damage assessment, repair/replace decisions, total loss prediction, fraud detection, and policy recommendations, powered by a tested AI engine with over 95% vehicle coverage. The company provides a white-labeled app for capturing vehicle damage images and videos, an intuitive dashboard for reviewing and approving estimates, and an easy-to-integrate API. Claim Genius's solutions reduce inspection time and costs, improve accuracy, and enhance customer satisfaction, making touchless inspections a reality. The company is led by an experienced executive team with deep fintech, data science, and startup expertise, and has established partnerships with major industry players, positioning it strongly in the automotive insurance technology market.
TL;DR
What they do: AI-based vehicle inspection and damage-assessment platform (GeniusAI / GeniusINSPECT)
Founded / HQ: Founded 2017; headquarters in Iselin/Woodbridge Township, New Jersey, USA
Primary customers: Auto insurers, salvage/auction yards, rental & lease fleets, transportation stakeholders
Recent funding: Series A (Sep 2021) reported; total disclosed funding ~$13.7M
Company Overview
Problem Domain
Automotive insurance and vehicle lifecycle inspection (claims, underwriting, salvage/auction, rental & lease, transportation, recycling)
Founded
2017
Industry
InsurTech / Automotive technology
Funding Track Record
6000000
Reported Series A in Sep 2021; Dealroom lists $6.0M for Sep 2021
2300000
Reported seed round in 2018 of $2.3M (company announcement)
5500000
Company announcement dated Aug 12, 2020 references $5.5M Series A
Investor Signal
“Investors include Financial Link (Malaysia) and SIRI InfoSolutions; executives from those firms are listed on Claim Genius's board.”