Snapsheet Scoops Up $30M Series E2 Round
CHICAGO, IL, Snapsheet, a leader in cloud-native claims management software, has raised $30 million in Series E2 financing.
Ping An Global Voyager Fund and Pivot Investment Partners led the round. Existing investors include Nationwide, Liberty Mutual, Intact Ventures, Tola Capital, Commerce Ventures, among others. These new funds will be used to accelerate growth and add new functionality to Snapsheet's cloud native end-to-end claims management platform. Global Voyager's Chief Investment Officer, Donald Lacey, will join Snapsheet's board of directors. This funding brings Snapsheet's total raised to date to more than $100MM.
Snapsheet is a pioneer in virtual appraisals and a leader in cloud-native claims management software, enabling the most innovative claims organizations to deliver the best experiences for customers. With a focus on engagement, digitization, and intelligent automation, Snapsheet provides unmatched technology and processes that improve customer experience, drive greater organizational agility, and deliver transformational benefits through its Snapsheet Cloud software suite.
Snapsheet leads the industry in claims innovation including the deployment of the fastest digital auto insurance claims process in the United States. As a trusted innovation partner, Snapsheet works with more than 100 clients, including many of the largest insurance carriers, third-party administrators, and insurtech and sharing economy disruptors.
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