Knowtions secures $5 mln in Information VP-led Series A
Knowtions Research, a Toronto-based applied artificial intelligence (AI) platform for health insurers, has raised $5 million in a Series A financing. The round was led by Canadian venture capital firm Information Venture Partners and joined by Alibaba Entrepreneurs Fund. Founded in 2015 and led by CEO Anthony Lee, Knowtions is the creator of Lydia, an AI platform that helps health insurers tap into predictive insights in health data. Insurers use these insights to automate claims processing and personalize customer experience. The funds raised will be used to scale Lydia's deployment and grow the company's team of machine learning scientists and engineers over the next 12 months.
13 November 2018•4 mins read
