# Simplifai

**Source:** https://www.startuphub.ai/startups/simplifai
**Profile type:** Startup

> AI-driven solutions for business process automation, primarily for the insurance and banking sectors.

## About

Simplifai provides AI automation solutions that help businesses streamline operations, reduce costs, and improve customer satisfaction. Their platform, often referred to as 'Digital Employees' or 'AI Agents,' leverages technologies like Natural Language Processing (NLP) and generative AI to automate tasks related to emails, documents, and customer interactions. They offer no-code solutions, making their AI accessible without extensive technical expertise.

## Key facts

- **Slug:** simplifai
- **Website:** https://www.simplifai.ai/
- **Location:** Oslo, Norway
- **Founded:** 2017-01-01
- **Operating status:** Active
- **Total funding:** $3M
- **Sectors / tags:** Accounts Receivable, AI Automation Solutions, Insurance, Banking, Business Process Automation, Conversational AI, Generative AI, Agentic AI, No-Code AI, Document Automation, Email Automation, Customer Service Automation, InsurTech
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/18064052
  - Twitter: https://x.com/simplifai_ai
  - Facebook: https://www.facebook.com/SimplifaiAI

## Frequently asked

### What does Simplifai do?

Simplifai provides AI automation solutions that help businesses streamline operations, reduce costs, and improve customer satisfaction. Their platform, often referred to as 'Digital Employees' or 'AI Agents,' leverages technologies like Natural Language Processing (NLP) and generative AI to automate tasks related to emails, documents, and customer interactions. They offer no-code solutions, making their AI accessible without extensive technical expertise.

### What is Simplifai's valuation?

StartupHub estimates Simplifai's effective valuation at $11.9M (range $8.3M to $20.0M, 13% confidence), based on comparable companies in the sector.

### How much funding has Simplifai raised?

Simplifai has raised a total of $3M in funding. The most recent round on record is Series A.

### Where is Simplifai headquartered?

Simplifai is headquartered in Oslo, Norway.

### When was Simplifai founded?

Simplifai was founded in 2017.

### What industry does Simplifai operate in?

Simplifai operates in Accounts Receivable, AI Automation Solutions, Insurance, Banking, Business Process Automation, Conversational AI.

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