Sprout announced raising $2.5M in a round led by Amadeus Capital

United Kingdom United States 05 April 2020
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Sprout.ai, a London, UK-based developer of insurance claims settlement solutions, raised $2.5 million in seed funding.

The money was raised from investors led by Amadeus Capital Partners with participation from Playfair Capital and Techstars.

The company intends to use the funds to continue to expand operations and its business reach in the USA.

Sprout.ai, founded as BlockClaim by Niels Thone, CEO, Greg Cadel, CTO, Raphael Guth, COO, and Toby Clarke, CIO, provides insurance claims settlement solutions.

Total investments received (USD): 21.58M

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