Qumis Secures $2.2 Million in Pre-Seed Funding for AI-Powered Insurance Platform

We are thrilled to announce that Qumis, an innovative assistive-AI platform revolutionizing the insurance industry, has successfully raised $2,200,000 in its latest funding round. This significant investment underscores the growing demand for efficiency and precision in insurance policy analysis, an area where Qumis excels. Developed by insurance attorneys with years of expertise, our platform swiftly analyzes complex insurance policies, extracting relevant data for claims, brokering, and compliance purposes. Our cutting-edge technology provides law firm-grade analysis and fosters real-time discussions, empowering users to engage with their policies and institutional knowledge like never before. The funds raised will be instrumental in enhancing our platform's features, expanding our talented team, and accelerating our go-to-market strategy. As insurance transactions become increasingly complex in a fast-evolving regulatory landscape, Qumis aims to ease the burden on professionals by transforming what traditionally took hours into mere minutes, all while improving the accuracy of critical operations. With this funding, we are poised to refine our AI capabilities, incorporate user feedback, and further tailor our services to meet the needs of clients seeking high-quality insurance analysis. Qumis is proud to lead a new era of insurance knowledge work, where advanced technology meets unparalleled legal expertise, ultimately revolutionizing how the insurance industry operates. We would like to extend our heartfelt gratitude to our investors for their belief in our vision and look forward to driving meaningful change in the insurance sector together.