Qumata Signals Global Expansion With Extension of Series A Funding to US$23M With an Additional Key Investor Joining Its Portfolio of Backers
Qumata, a global leader in tech solutions transforming the insurance industry ecosystem with a disruptive machine learning and artificial intelligence (ML/AI) underwriting solution, has announced an extension to its Series A round of funding to
The latest funding is testament to Qumata’s solid growth plans for global expansion with the addition of a new key investor to the latest round. A number of the firms participating in this round are extending their initial involvement with Qumata, including continued investment by
This extended funding announcement comes on the back of the firms signing an agreement recently with AIA Group Limited (1299.HK) to provide services across
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About Qumata:
Qumata (formerly known as
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