Flyreel
LexisNexis Risk Solutions offers innovative insurance risk solutions, including Total Property Understanding, which combines comprehensive data insights with predictive models to enhance underwriting decisions. Their services cater to various markets, including auto, commercial, home, and life insurance, focusing on improving operational efficiencies and customer relationships through advanced analytics and data-driven insights. The company is recognized for its commitment to compliance, fraud detection, and identity management, positioning itself as a leader in the insurance technology space.
Flyreel
LexisNexis Risk Solutions offers innovative insurance risk solutions, including Total Property Understanding, which combines comprehensive data insights with predictive models to enhance underwriting decisions. Their services cater to various markets, including auto, commercial, home, and life insurance, focusing on improving operational efficiencies and customer relationships through advanced analytics and data-driven insights. The company is recognized for its commitment to compliance, fraud detection, and identity management, positioning itself as a leader in the insurance technology space.
TL;DR
Product: AI-powered, smartphone-guided property self-inspections for insurance underwriting and claims
Founded / HQ: Founded 2016 — Denver, Colorado, United States
Exit: Acquired by LexisNexis Risk Solutions (2022)
Last known financing: Series A on 2020-11-18; total funding reported as 18,000,000.00 USD
Investors: IA Capital Group (Series A lead), Gradient (Seed lead); other disclosed investors include Guidewire Software, Service Provider Capital, State Auto Labs, DONAN
Company Overview
Problem Domain
Property insurance inspections, underwriting and claims property assessment
Founded
2016
Industry
Insurtech
Tech Stack
Funding Track Record
Investor Signal
“Led by IA Capital Group (Series A) and Gradient (Seed); other disclosed investors include Guidewire Software, Service Provider Capital, State Auto Labs, DONAN”