Sensely – Chatbot-based Platform for Patients and Insurance Plan Members Raises $15M

Founded in 2013 by Adam Odessky and Ivana Schnur, Sensely, a San Francisco based HealthTech platform that improves engagement with insurance plan members and patients using its Avatar based chatbot technology has raised $15M in Venture funding.

The funding round was led by Aflac Innovation Partners LLC that mostly invests in HealthTech and InsurTech startups in participation with Nippon Life Insurance Company of Japan, Zuellig Pharma of China, Susquehanna International Group (SIG), Japanese Trading company, Sojitz, Silicon Valley Bank, NMC Lifesciences, Pegasus Tech Ventures, Mojo Partners and Chengwei Capital.

Here is the quick financial timeline of Sensely:

After this latest venture funding, the total funding amount of Sensely now stands at $26.8M.

The capital injection comes at a time when Sensely is seeing increasing demand for its multi-lingual AI platform, which uses a voice-enabled character interface, and incorporates into existing enterprise technology infrastructure. Sensely is currently deployed with enterprise customers in the United States, United Kingdom, United Arab Emirates, Netherlands, China, Hong Kong, Japan, Switzerland, and Australia. Customers are using the platform for a diversified set of high-value use cases, including symptom checking, insurance underwriting, claims management, medication management, and remote patient monitoring.

Nadeem Khan, President of Aflac Corporate Ventures, commented, “We’re excited to be partnering with Sensely. The team has skillfully addressed many of the product elements we believe are required for success with large enterprises in highly regulated industries. In addition, the company’s approach to enabling expedited cross-border launches adds a crucial element that is highly attractive to multi-geography operations.”

“We’re delighted by the opportunity to work with our new investment partners,” said Adam Odessky, CEO and Co-founder of Sensely. “While we are pleased with our progress over the past year, especially the rollout of our software development kit, we have many important challenges ahead. This funding will ensure that we can strike a balanced approach, continuing to serve our existing partners, while also evolving the platform for the next wave of requested capabilities.”

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