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Venture Capital News: Ushur Grabs $25M Series B Financing Round

2020-11-05
SANTA CLARA, CA, AI leader Ushur today announced $25 million in Series B funding.
AI leader Ushur today announced $25M in Series B funding, fueled by a rapidly modernizing insurance industry and a growing demand for self-service customer experiences. Third Point Ventures led the round, with participation from existing investor 8VC. The latest investment brings Ushur's total funding to $36M. Ushur will use the proceeds to accelerate its sales and marketing efforts.

Ushur is the complete solution for intelligent automation. Companies such as HealthSpire, Irish Life and Unum use Ushur to automate claims and broker interactions and collect missing information for member journeys over email, apps, SMS and more using conversational AI and intuitive workflows. Ushur's end-to-end platform accelerates time to value with features like a no-code visual builder, powerful tools for data extraction and integrations with back-end core systems. Ushur is headquartered in Santa Clara with an office in Bangalore and is backed by investors including Third Point Ventures and 8VC.
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