Overview
mea Platform, an AI-native insurance technology company, has raised $50 million in a minority growth equity investment from SEP. Founded in 2021, the company aims to improve insurance operations by automating processes and reducing costs, addressing the manual nature of many industry tasks. With live deployments in 21 countries and processing over $400 billion in gross written premium, mea's AI products promise significant efficiency gains. The investment will accelerate product development and customer engagement.
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Investors: SEP
mea Platform, an AI-native insurance technology company, has raised $50 million in a minority growth equity investment from SEP. Founded in 2021, the company aims to improve insurance operations by automating processes and reducing costs, addressing the manual nature of many industry tasks. With live deployments in 21 countries and processing over $400 billion in gross written premium, mea's AI products promise significant efficiency gains. The investment will accelerate product development and customer engagement.