MassChallenge

Carium is a developer of an individualized healthcare platform that enhances the management of health and wellness journeys for users. The platform aims to deliver a personalized, actionable, and efficient care experience for both healthcare providers and their clients. By integrating augmented data from daily life, Carium equips care teams with the insights necessary to make informed clinical decisions. This approach not only fosters improved health outcomes but also helps reduce costs for healthcare providers and payers. As a result, Carium's platform contributes to better overall satisfaction for both care teams and the individuals they support.

Dakko Wellbeing is a marketplace that enables access to Health & Financial Wellness services for employees and their families. Dakko empowers emerging market employers to engage with their employees by offering digital services like HR services, rewarding them for applying for medical loans and health insurance, booking medical appointments, playing sports and taking care of their health and wellbeing. Studies show that high employee wellbeing boosts satisfaction, teamwork, productivity, and even improves a company’s bottom line. Along the journey, Dakko intends to provide micro recommendations that improve financial, insurance & health literacy, building skills for better long term wellbeing.

Insu Health Design, founded in 2018 in San Juan, Puerto Rico by Mason Lucich and Doris Candelaria, specializes in creating a personal-use system for the safe storage of medications. Their innovative storage solution combines a thermoelectric cooler, vacuum flask, and fluid loop to maintain optimal temperatures for medicines, particularly bio-medicines like insulin. The product is equipped with affordable solar panels and a portable, battery-powered cooler featuring multiple charging options. This design allows patients to safeguard their health by ensuring that their medications remain viable during travel, power outages, or emergency situations.

Qumata specializes in life and health insurance underwriting by utilizing digital data to assess the risk of over 800 medical conditions. The company's innovative approach streamlines the application process, reducing the need for lengthy questionnaires and medical visits, thereby saving applicants significant time. Qumata aims to enhance the underwriting experience for insurers while maintaining accuracy, ultimately enabling them to discover new revenue opportunities. Through its platform, Qumata is setting a new standard in the insurance industry by improving efficiency and customer satisfaction in the underwriting process.

Supportomate specializes in developing an autonomous call center agent designed to automate customer interactions over phone and text channels. By leveraging proprietary conversation learning technology, the company enables insurance carriers to streamline their sales and customer service processes, ultimately reducing operational costs. This technology utilizes existing recorded conversations to train a fully automated voice representative capable of engaging in multi-directional, open conversations, rather than being limited to pre-scripted dialogues. Supportomate's innovative approach allows enterprises to enhance efficiency and improve customer experiences within their call centers.

IBISA is an index-based insurance marketplace founded in 2018 and based in Luxembourg. The company leverages blockchain technology and satellite earth observation data to offer innovative risk modeling services. Its platform focuses on providing affordable crop protection solutions for smallholder farmers through a mutual risk-sharing approach. This model enables quick assessment and payment processes, ensuring that farmers receive timely support in times of need. By combining advanced technology with a commitment to inclusivity, IBISA aims to enhance the financial resilience of agricultural communities.

Sorcero, Inc. is a technology company based in Washington, D.C., founded in 2017, that specializes in developing a no-code, AI-powered platform designed for decision support and knowledge management. The Sorcero Language Intelligence Platform caters primarily to experts in medical, insurance, and engineering fields, enabling them to manage and analyze complex, high-volume data effectively. This platform is utilized for various applications, including enhancing medical claims investigations, supporting life insurance underwriting, and monitoring real-time medical guidelines. Sorcero's innovative approach has earned it recognition as a leader in the digital health and insurtech sectors, receiving accolades from industry organizations for its contributions to improving patient outcomes and decision-making processes in life sciences.

Zogo, established in 2018 and headquartered in Newark, Delaware, is a mobile application that promotes financial literacy among children and teenagers. It offers over 300 interactive, bite-sized modules covering various personal finance topics, starting from basic concepts like budgeting and progressively advancing to more complex ideas. Users engage with these modules, learn five key concepts, and then take a five-question quiz to earn points, represented as 'pineapples'. These points can be redeemed for rewards such as gift cards. Zogo partners with financial institutions to co-brand the app, enabling them to engage, attract, and learn about Generation Z. The company has received backing from Techstars and MetLife, and has been recognized for its innovation in the financial industry, winning the 2019 NACUSO Next Big Idea Competition and the "Best of Show" at FinovateFall 2019. Zogo is developed by a team of Generation Z individuals, with a focus on creating a platform tailored to their peers.

Zogo, established in 2018 and headquartered in Newark, Delaware, is a mobile application that promotes financial literacy among children and teenagers. It offers over 300 interactive, bite-sized modules covering various personal finance topics, starting from basic concepts like budgeting and progressively advancing to more complex ideas. Users engage with these modules, learn five key concepts, and then take a five-question quiz to earn points, represented as 'pineapples'. These points can be redeemed for rewards such as gift cards. Zogo partners with financial institutions to co-brand the app, enabling them to engage, attract, and learn about Generation Z. The company has received backing from Techstars and MetLife, and has been recognized for its innovation in the financial industry, winning the 2019 NACUSO Next Big Idea Competition and the "Best of Show" at FinovateFall 2019. Zogo is developed by a team of Generation Z individuals, with a focus on creating a platform tailored to their peers.

Fenris Digital is a technology company based in Glen Allen, Virginia, that focuses on enhancing the customer acquisition and retention processes for property and casualty insurers. Founded in 2016, Fenris offers a cloud-based platform that integrates a suite of APIs designed to streamline workflows and improve underwriting efficiency. Their solutions include a proprietary data repository that matches applicants to in-house records and enriches data to assess customer propensity and credit risk. The company’s machine learning analytics engine refines predictive scoring, facilitating quicker and more accurate quoting processes. Fenris also provides TouchQuote, a mobile-first quoting platform, enabling insurers to deliver a seamless customer experience akin to leading e-commerce platforms. With coverage of 95% of the U.S. population and extensive data on households and businesses, Fenris empowers its clients, including agencies and carriers, to enhance conversion rates and optimize their marketing efforts.

PXL Vision AG, founded in 2017 and headquartered in Zurich, Switzerland, specializes in the design and development of identity verification and customer onboarding software solutions. Its flagship product, Daego, employs advanced computer vision and machine learning technologies to create trusted digital identities. This cross-platform solution is tailored to meet the needs of various industries, including insurance, fintech, and healthcare, by automating the verification of identity documents and performing facial biometric checks to ensure that users are legitimate and the rightful owners of their documents. By facilitating secure and efficient customer onboarding, PXL Vision aims to enhance conversion rates, reduce costs associated with compliance, and mitigate identity fraud. With research and development centers in Novi Sad, Serbia, and Yerevan, Armenia, PXL Vision is dedicated to establishing a foundation of trust in digital interactions through unbiased and verifiable identities.

Enterprise Bot GmbH is a company that specializes in developing artificial intelligence-driven chatbots aimed at automating customer interactions for enterprises. Founded in 2017 and headquartered in Zug, Switzerland, with an additional office in Bengaluru, India, the company offers a range of products, including chatbots for sales and customer service, email triage bots, and scheduling assistants. Its solutions are particularly beneficial for financial institutions and insurance companies, providing a multi-platform messenger that addresses various customer needs and queries. By implementing these chatbots, enterprises can significantly reduce operational costs and customer wait times, enhancing the overall customer experience.

Surround Insurance is an InsurTech company established in 2018 by Jonathon Grayson and Kate Terry, based in Cambridge, Massachusetts. The company specializes in providing property and casualty insurance products specifically designed for young urban professionals. Surround Insurance focuses on creating simple and easy-to-understand insurance bundles that address the unique risk gaps faced by its target audience. Utilizing a technology platform that customizes insurance solutions, the company tailors its offerings to fit the lifestyles of modern consumers, ensuring that their systems are relevant and straightforward.

Wagmo, Inc. is a Boston-based company that specializes in providing monthly wellness insurance plans for pets. Founded in 2017, Wagmo offers a platform that reimburses pet owners for routine care services, including vaccinations, grooming appointments, and preventive medications. The company focuses on delivering preventative care by utilizing veterinary data to process reimbursements for common expenses such as exam fees and preventive treatments for fleas, ticks, and heartworm. This approach empowers pet owners to better manage and predict the costs associated with their pets' care, ensuring optimal health and well-being.

MARV-IN is a platform that shortens the underwriting process in insurance companies and provides a quick solution for purchasing insurance.

Kayum is an insurance comparison platform focused on simplifying personal insurance for consumers in Latin America, beginning with Mexico. The Mexican insurance market is often complicated and expensive, with a significant portion of premiums allocated to sales and administrative expenses. To address this issue and meet the high demand for insurance information—evidenced by millions of online searches—Kayum provides a user-friendly platform that allows individuals to compare various insurance policies. The platform emphasizes important factors such as deductibles, co-insurance, hospital options, and coverage amounts, offering personalized, AI-generated recommendations to help consumers make informed choices. By enhancing transparency and accessibility, Kayum aims to facilitate a smoother insurance purchasing experience while making coverage more affordable for its users.

TeleLingo specializes in developing a driver attention management device aimed at enhancing road safety by mitigating distractions and drowsiness among drivers. The device employs advanced machine vision and biosensor technology to monitor drivers' cognitive states, detecting signs of impairment or fatigue. When such conditions are identified, the system engages drivers through alerts or interactive dialogue to promote safer driving behaviors. TeleLingo's solutions are designed for use by insurance companies, fleet management services, and ride-sharing platforms, providing them with tools to reduce the risk of accidents and improve overall driver safety.

Loginno is focused on transforming the shipping industry by developing an Internet-of-Shipping-Containers infrastructure. The company collaborates with shipping firms to upgrade their container fleets into IoT-enabled systems that gather and analyze cargo and voyage data through a patented low-cost device. This information is accessible via a cloud-based service to various stakeholders, including carriers, cargo owners, freight forwarders, insurers, and customs agencies. A notable partnership includes Log-In Logistica Intermodal, a leading cabotage shipping company in Latin America, which was selected to become the first digital shipping company in the world. Through this initiative, Log-In will convert its entire container fleet into smart containers, demonstrating the potential of Loginno's innovative solutions in enhancing the efficiency and transparency of shipping operations.

CoVi Analytics develops productivity solutions that integrate operational information with big data, aimed at simplifying business activities and automating operations. The company operates a regulatory compliance platform designed for compliance teams, consultants, and regulators to effectively navigate and manage regulatory text. This platform enables insurers to interpret regulatory requirements, document and evidence compliance activities, and generate necessary reports for oversight authorities. By providing analytical insights into regulatory responses, CoVi Analytics helps users reduce compliance costs and enhance the speed of business decision-making.

Cytora is a London-based company founded in 2014 that specializes in a configurable platform designed for commercial insurers to enhance their risk processing capabilities. The platform digitizes incoming risks and enriches them with both internal and external data sources. It evaluates these risks using various rules related to appetite and priority before directing them to downstream systems for either automated or manual underwriting. By leveraging artificial intelligence, Cytora's platform learns the patterns of different risks and loss outcomes over time, allowing insurers to assign a rank, score, and price to each property and organization. This approach aims to improve risk selection, pricing accuracy, and overall efficiency in underwriting processes.

Cytora is a London-based company founded in 2014 that specializes in a configurable platform designed for commercial insurers to enhance their risk processing capabilities. The platform digitizes incoming risks and enriches them with both internal and external data sources. It evaluates these risks using various rules related to appetite and priority before directing them to downstream systems for either automated or manual underwriting. By leveraging artificial intelligence, Cytora's platform learns the patterns of different risks and loss outcomes over time, allowing insurers to assign a rank, score, and price to each property and organization. This approach aims to improve risk selection, pricing accuracy, and overall efficiency in underwriting processes.

AfterSteps, Inc. is an end-of-life planning company based in New York, established in 2011. It provides an online platform that guides users through the process of creating an end-of-life plan, offering tools for progress tracking, content storage, and document transfer. The platform allows individuals to securely store their wishes and important information in the cloud, as well as access expert advice from professionals in estate, financial, and funeral planning. Additionally, AfterSteps offers alerts and reminders to help users stay organized in their planning efforts.

Feathery provides a low-code platform that facilitates the creation of customizable forms and user journeys, catering to critical industries such as insurance, financial services, and healthcare. The platform enables product teams to build data intake workflows with ease, offering features such as automatic deployment and SEO indexing. By supporting popular search engines and JavaScript frameworks, Feathery enhances the user experience while granting businesses greater ownership, speed, and control over their data collection processes. This streamlined approach allows organizations to effectively manage their data intake needs while maintaining flexibility and efficiency.