$150-230k
4-5 days a week in office
Insurance fraud detection platform
Open for applications
Insurance fraud detection platform
21-100 employees
Open for applications
$150-230k
4-5 days a week in office
21-100 employees
To bring the state of the art ML and MLP methods to transform traditionally manual activity into an equitable process.
Insurance fraud is an $80B problem annually for American consumers and Owl.co is looking to put a stop to it. The company’s claim monitoring platform is designed to help providers mitigate and prevent fraud, and therefore cut premiums and adjust expenses for insurance customers. The company is currently focused on weeding out ineligible disability and workers' compensation insurance claims.
Owl.co doesn’t use discriminatory data like age, gender, or zip codes in its monitoring procedure, instead connecting to relevant data via a zero-knowledge protocol. This means Owl.co’s solution hits two key trends developing fast in the insurance industry: privacy, and equity. With these set to be two major priorities in the years ahead, Owl.co is smart to position itself at the centre of these two conversations
With clients like the Toronto Stock Exchange, and members of the top 10 North American banks and insurers, Owl.co already commands a strong customer base for its services. If it can secure a reputation for unbiased monitoring, this is likely to only grow.
Steph
Company Specialist at Welcome to the Jungle
7% employee growth in 12 months
Nov 2021
$21.7m
SERIES B
Oct 2020
$7m
SERIES A
Gastown, Vancouver, BC
Sean Merat
(CEO)Is a serial entrepreneur, who co-founded bingo platform Imperus Technologies, followed by secure team platform Witkit. Also previously co-founded design and marketing firm Lavia Design, where they currently serve as CEO alongside their Owl.co role.
Sohrab Merat
(CPO)Previousy co-founded Darvak Digital Solutions, Lavia Design (where he is currently a CTO alongside his work at Owl.co), Imperus Technologies, and Witkit.
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