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Snapsheet raises $12 million to save you time after a car accident

In the News

Chicago-based Snapsheet has raised $12 million to streamline the process after car accidents. The company has built a mobile application that surveys the vehicle damage and serves as a virtual appraiser.

The latest round of funding is led by Tola Capital and comes just months after a $20 million Series C.

“Snapsheet’s virtual claims platform streamlines and simplifies the claims handling process for everyone – the carrier, the customer and the repair shop,” Sheila Gulati, managing director at Tola Capital says about why she invested.

Read more here.

Customer story

By partnering with Snapsheet, insurers have seen up to a 15% reduction in operational costs, driven by process automation and seamless workflow integration.

Sam Forde
Operations Manager, Clearcover