| Founded | 2017 |
|---|---|
| Closed | 2023 |
| Country | USA |
| Sector | Insurtech |
| Collapse type | Silent Shutdown |
| Founder | Sarah Chen, Marcus Reid |
Claimable
"AI claims automation hit a wall when the AI was wrong 14% of the time."
Quiet closure with no public announcement
Key Events Timeline
Claimable, an Austin-based claims automation startup founded by Sarah Chen and Marcus Reid in 2017, raised $22M to use computer vision and NLP to automate auto and property claims processing for mid-size carriers.
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