# Five Sigma

**Source:** https://www.startuphub.ai/startups/five-sigma
**Profile type:** Startup

> Innovative Claims Management System software for insurance carriers, MGAs, and TPAs.

## About

Five Sigma offers an AI-native claims management platform powered by Clive™, a multi-agent AI claims expert. This solution is designed to transform claims operations for insurers, MGAs, TPAs, reinsurers, and self-insured entities by streamlining processes, reducing costs, and improving adjuster productivity. The platform provides 360° claim visibility, omnichannel communications, and AI-driven insights for enhanced decision-making and automation.

## Key facts

- **Slug:** five-sigma
- **Website:** https://www.fivesigmalabs.com/
- **Location:** Tel Aviv, Israel
- **Founded:** 2016-01-01 00:00:00
- **Employees:** 41
- **Operating status:** Active
- **Total funding:** $12M
- **Sectors / tags:** Fintech, Insurance, Management, Claims, InsurTech, Claims Management Software, Enterprise Software, Workflow Automation, Business Process Automation
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/five-sigma/
  - Twitter: https://x.com/fivesigmaclaims
  - Facebook: https://www.facebook.com/fivesigmalabs

## Frequently asked

### What does Five Sigma do?

Five Sigma offers an AI-native claims management platform powered by Clive™, a multi-agent AI claims expert. This solution is designed to transform claims operations for insurers, MGAs, TPAs, reinsurers, and self-insured entities by streamlining processes, reducing costs, and improving adjuster productivity. The platform provides 360° claim visibility, omnichannel communications, and AI-driven insights for enhanced decision-making and automation.

### What is Five Sigma's revenue?

StartupHub estimates Five Sigma's annual revenue at $9.3M (range $5.8M to $29.1M, 66% confidence), based on comparable companies in the sector.

### What is Five Sigma's valuation?

StartupHub estimates Five Sigma's effective valuation at $47.3M (range $30.0M to $72.0M, 10% confidence), based on comparable companies in the sector.

### How much funding has Five Sigma raised?

Five Sigma has raised a total of $12M in funding. The most recent round on record is Series A.

### Where is Five Sigma headquartered?

Five Sigma is headquartered in Tel Aviv, Israel.

### When was Five Sigma founded?

Five Sigma was founded in 2016.

### What industry does Five Sigma operate in?

Five Sigma operates in Fintech, Insurance, Management, Claims, InsurTech, Claims Management Software.

### How many employees does Five Sigma have?

Five Sigma has approximately 41 people on record.

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