DigitalOwl, a Natural Language Processing (NLP) technology for deeply analyzing and summarizing medical records, announced a $20M Series A round led by New York-based global private equity and venture capital firm Insight Partners, with participation from existing investors Ibex and Fusion VC.

DigitalOwl offers an innovative solution for analyzing and summarizing medical records for the insurance industry. The company has introduced the first and only machine learning platform that interprets medical records and assists underwriters and claim adjusters in their work.