AI-powered Insurtech omni:us Closes Series A Funding, Bringing Total Investment to USD 22,5 Million

BERLIN--(BUSINESS WIRE)--Oct 30, 2018--omni:us, the only AI company of its kind fully focused on insurance, has today announced the closure of a Series A round, bringing its total funding to date to USD 22,5 million. The investment has been led by Berlin-headquartered VC firm Target Global, followed by MMC Ventures and Talis Capital. Existing investors, Unbound and Anthemis, also participated in the round, demonstrating their continued commitment to the company's ambitions. This funding reinforces omni:us' position as a market leader in enabling insurers to become more data-driven and adapt to today's customer expectations. As a key player in the major digital revolution currently taking place in the insurance industry, omni:us has developed cutting-edge AI technology that empowers all kinds of organisations within the sector: many of the top global insurance companies - such as Allianz, Baloise and AmTrust – count on its deep digital transformation expertise in order to innovate and meet growing customer needs.