QantEv, a decision support solution dedicated to health insurers, raises 10 million euros in Series A. This funding round was led by Omnes and RAISE Ventures with renewed participation by Elaia PSL Innovation Fund. The company had already raised 1.5 million euros in seed in November 2020.
Founded in 2019 by Tarik Dadi and Hadrien De March, QantEv develops an AI-based platform that supports health insurance companies in their decision-making. “Insurance companies accumulate a lot of data”explains Tarik Dadi, CEO of the company. “QantEv will recover this raw data and turn it into data that can be used by artificial intelligence models to help insurance companies’ teams”.
As a reminder, the digitization of the health insurance sector in France accelerated in 2016, when the obligation of companies to provide supplementary health insurance to their employees came into force. This digitization, all the more rapid since the health crisis, has allowed new players to emerge as Alan. A context that has also served actors like QantEv.
“At the end of the pandemic, the health insurance companies had a real desire to implement modern solutions”, says Tarik Dadi. ” They have seen the limits of their infrastructure. Before we had to evangelize our customers, now they come directly to us. We took advantage of the context to launch the fundraising process. » The company is present in the US, Europe and Asia and is now aiming to develop its platform.
Find the full interview with Tarik Dadi, Co-Founder and CEO of QantEv: