Ushur, a Santa Clara, Calif.-based AI complete solution for intelligent automation in the insurance industry, raised $25M in Series B funding.
The round, which brought total funding to $36m, was led by Third Point Ventures, with participation from existing investor 8VC.
The company will use the proceeds to accelerate its sales and marketing efforts.
Led by CEO and co-founder Simha Sadasiva, Ushur provides a cloud-native automation platform for established insurers like Aetna, Irish Life, Tower Insurance and Unum to improve customer communications with “digital-first” experiences, trading phone calls and physical mailers for convenient web, mobile and email engagement. The platform features a no-code visual builder, tools for data extraction and integrations with back-end core systems.
The company also has an office in Bangalore.