Qumata
Financial Software · United Kingdom · 11-50 Employees
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Overview
Headquarters
14 Dufferin St, London, Greater London, ...Phone Number
+44 2086386062Website
www.qumata.comRevenue
<$5 MillionIndustry
ZI Rank: 1
Signal Type
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ZI Rank
1
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About Qumata
Qumata is focused on transforming underwriting for life and health insurers, retaining the same level of accuracy, whilst improving customer experience and helping insurers realise new revenue opportunities. Qumata uses digital data to calculate the risk of diagnosis for over 800 conditions, along with Extra Mortalities and Morbidities, saving applicants hours filling out long questionnaires or visiting the doctor.Explore more
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Revenue
Number of Employees
Type
Funding
Founded In
Qumata
<$5M
11-50
Private
$23M
2017
N/A
Company Profile Activity
Activity Insights
Qumata is experiencing very low activity levels compared to other companies in the Software sector.
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Qumata is drawing exceptional interest within the Software industry, suggesting notable developments or strong market momentum, learn more about Qumata.
Qumata financials insights
Gather financial insights about Qumata, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2022
Series A
$23M
Qumata Tech Stack
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Qumata News & Media
Qumata extends Series A funding to USD23m
Qumata extends Series A funding to USD23m Submitted 16/02/2022 - 10:48am Qumata, a specialist in tech solutions transforming the insurance industry ecosystem with a disruptive machine learning and artificial intelligence (ML/AI) underwriting solution, has extended its Series A round of funding to USD23 million. A number of the firms participating in this round are extending their initial involvement with Qumata, including continued investment by MMC Ventures. This extended funding announcement cQumata Signals Global Expansion With Extension of Series A Funding to US$23M With an Additional Key Investor Joining Its Portfolio of Backers
HONG KONG--(BUSINESS WIRE)--Qumata, a global leader in tech solutions transforming the insurance industry ecosystem with a disruptive machine learning and artificial intelligence (ML/AI) underwriting solution, has announced an extension to its Series A round of funding to US$23 million. The latest funding is testament to Qumata’s solid growth plans for global expansion with the addition of a new key investor to the latest round. A number of the firms participating in this round are extending
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Qumata is focused on transforming underwriting for life and health insurers, retaining the same level of accuracy, whilst improving customer experience and helping insurers realise new revenue opportunities. Qumata uses digital data to calculate the risk of diagnosis for over 800 conditions, along with Extra Mortalities and Morbidities, saving appl... Read More
