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Snapsheet Raises $12 Million

Insurance claims startup Snapsheet Raises $12 Million

Mobile claims startup Snapsheet announced the completion of $12 million in Series D financing. Two investors contributed to the round, including Tola Capital.

Snapsheet aims to be the insurance industry’s first mobile claims solution. The company, which is working with some of the country’s top insurance carriers, uses patent-pending technology to streamline the fragmented process of obtaining repair estimates and settling claims.

According to the company, Snapsheet will use the investment to accelerate development of its mobile-first, data-centric and AI-enabled virtual claims platform and to expand sales, marketing and customer engagement.