ClaimScore
ClaimScore is a data-driven backend fraud analysis solution designed for class action claims. It leverages advanced AI and machine learning technologies to validate claims in real-time, significantly reducing fraudulent submissions. With over 80 million claims analyzed in 2023, ClaimScore has demonstrated its effectiveness in enhancing accuracy and efficiency in the claims process. The company aims to provide transparent and cost-effective results, ensuring fairness for class members while addressing the growing issue of claim fraud in the industry.
ClaimScore
ClaimScore is a data-driven backend fraud analysis solution designed for class action claims. It leverages advanced AI and machine learning technologies to validate claims in real-time, significantly reducing fraudulent submissions. With over 80 million claims analyzed in 2023, ClaimScore has demonstrated its effectiveness in enhancing accuracy and efficiency in the claims process. The company aims to provide transparent and cost-effective results, ensuring fairness for class members while addressing the growing issue of claim fraud in the industry.
TL;DR
What they do: AI/ML-driven backend fraud analysis and claim scoring for class action claim validation
Founded: 2022
Headquarters: Pompton Lakes, New Jersey, United States
Employees: 16
Recent funding: Seed round Apr 2024 led by ROC Venture Group (~$3.2M reported)
Company Overview
Problem Domain
Class action claim fraud detection and validation
Founded
2022
Industry
Data and Analytics
Tech Stack
Funding Track Record
$3.2M
Reported seed round led by ROC Venture Group (Dealroom listing ~ $3.2M); other public sources list ROC Venture Group as lead investor.
Investor Signal
“ROC Venture Group led seed round”