Tech Company Financing Transactions
Reserv Funding Round
Reserv closed a $20 million Series A funding round on 10/3/2023. Investors included Altai Ventures, Bain Capital Ventures and 8VC.
Transaction Overview
Company Name
Announced On
10/3/2023
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series A
Investors
Altai Ventures (Lead Investor) (Oleg Ilichev)
Bain Capital Ventures (Lead Investor) (Matt Harris)
Proceeds Purpose
The company intends to use the funds to expand its generative AI claims data analysis tools.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
Undisclosed
New York, NY Undisclosed
USA
New York, NY Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
The company is a compliant TPA for insurance carriers and is also their incubator to test technologies and AI solutions to push the envelope of claims innovation and efficiency, providing the entire claims ecosystem with solution-first products and services that deliver better outcomes and solve critical resources challenges.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
CJ Przybyl
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About Our VC Transactions Data
Our team works diligently to record all VC transactions involving tech companies. VC transactions reported here are derived from publicly available VC deal announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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