Klaimy, a SaaS startup revolutionizing medical documentation processing in insurance, secured a £1 million pre-seed funding round led by Insurtech Gateway to expand its AI-powered platform.

Target Information

Klaimy is a pioneering Software as a Service (SaaS) startup focused on revolutionizing the life and health insurance sector by addressing the challenges associated with processing intricate medical documentation. Founded by Amira Nakouri, the company emerged from a clear recognition of the pain points experienced by insurers regarding manual document handling in medical underwriting and claims management. With a direct focus on harnessing the potential of Artificial Intelligence (AI), Klaimy aims to streamline these processes and enhance decision-making efficiency.

Initially launched in late 2023 without a developed product, Klaimy quickly gained traction by securing its first two design partners, Entoria and Magnolia, leading to the successful co-development of a minimum viable product (MVP) based on extensive collaboration with underwriters. The foundation of Klaimy lies in leveraging over 18,000 data points to create an AI-powered platform capable of interpreting both structured and unstructured medical documents effectively.

Industry Overview in France

The insurance industry in France is characterized by a significant reliance on traditional practices, particularly in the domain of life and health insurance where manual processing of documents is still prevalent. Many insurers face inefficiencies linked to the vast volum