Founded Year

2017

Stage

Seed VC | Alive

Total Raised

$2.42M

Last Raised

$2.3M | 5 yrs ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-12 points in the past 30 days

About Talem AI

Talem AI offers artificial intelligence (AI)-driven solutions that accelerate claim processes, including predicting claim severity and reviewing claims based on crash, medical, and billing information. Its services primarily cater to the insurance industry. It was formerly known as Talem Health Analytics. It was founded in 2017 and is based in Boston, Massachusetts.

Headquarters Location

402 Commercial Street

Boston, Massachusetts, 02109,

United States

888-204-2099

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Talem AI's Products & Differentiators

    Biomechanical Review

    An AI-driven tool providing forensic/biomechanical insights into the accident and occupant including crash severity, injury likelihood, and recovery expectations. the Biomechanical review is best used at the first notice of loss or before third-party/investigatory processes.

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Expert Collections containing Talem AI

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Talem AI is included in 5 Expert Collections, including Insurtech.

I

Insurtech

3,403 items

Companies and startups that use technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience

F

Fintech

9,809 items

Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.

D

Digital Health

12,122 items

The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma, sequencing instruments, gene editing, and assistive tech.

C

Canadian fintech

345 items

A

Artificial Intelligence (AI)

20,629 items

Latest Talem AI News

Talem Health Analytics’ Injury Causation Integration for ClaimCenter Now Available in Guidewire Marketplace

Apr 6, 2021

Talem Health Analytics’ Ready for Guidewire accelerator helps insurers mitigate bodily injury claims fraud, while improving customer experience April 06, 2021 08:55 AM Eastern Daylight Time SYDNEY, Nova Scotia & SAN MATEO, Calif.--( BUSINESS WIRE )--Talem Health Analytics, Inc. (Talem), a leading provider of bodily injury causation solutions and Guidewire PartnerConnect Solution partner, and Guidewire Software, Inc. (NYSE: GWRE), the platform P&C insurers trust to engage, innovate, and grow efficiently, today announced that Talem’s new Ready for Guidewire validated accelerator is now available to ClaimCenter users in the Guidewire Marketplace . Talem provides auto insurers with early insights of injury causation to empower them to make better, more informed decisions from the start of a claim. Its artificial intelligence enabled platform analyzes claimant information and crash imagery to determine the severity of an accident. Talem produces an accurate, data-driven biomechanical report detailing the determined severity, likely and unlikely injuries, a realistic timeline for recovery, and suitable treatment protocols. With these insights, insurers are better equipped to identify inflated billing and fraud, accurately reserve claims, and confidently handle complex medical rehabilitation approvals. Talem also enables insurers to easily make referrals for services like file review and independent medical examinations (IME). Its established network of doctors is supplied the biomechanical review when fulfilling these referrals to enhance the doctor’s understanding of the accident and injuries. Using Talem’s Guidewire integration, insurers can: Easily submit a request, along with claim information and associated documents, to Talem for review of a bodily injury claim; Receive status updates automatically within ClaimCenter; and Access the resulting requested report directly from within ClaimCenter. “Giving insurers the ability to connect crashes to injury causation and medical billing can be invaluable in helping to mitigate fraud and drive a customer-focused claims process,” said Matthew Kay, chief operating officer and co-founder, Talem Health Analytics. “Our biomechanical assessment of an accident empowers insurers with benchmarked data to help them make effective, transparent, customer-centric decisions from the beginning of the claims process. We are pleased to make our technology and services easily accessible to our shared customers through our Guidewire integration.” “We congratulate Talem on the release of its injury causation analysis integration for ClaimCenter,” said Neil Betteridge, vice president, Strategy, Guidewire Software. “With complex injury claims, it is of the utmost importance that adjusters make timely, policyholder-focused decisions to ensure proper claims handling with good claimant outcomes. Putting Talem’s technology seamlessly in the hands of our joint customers gives them valuable accident and injury insights to confidently make informed decisions, while streamlining adjuster workflow.” About Talem Health Analytics, Inc. Talem Health Analytics pairs clinical and industry expertise with technology to enhance insurers’ understanding of bodily injury and medical recovery. Blending more than 20 years of experience in the medical and biomechanical field, with a unique combination of machine learning and artificial intelligence Talem enables claims professionals to evaluate and understand injuries accurately, and to assist in claim assignment, case management, and settlement. Nurse case managers and adjusters can leverage Talem's biomechanical review during independent medical examinations, to improve and support their decisions of medical costs. For more information, visit www.talemhealthanalytics.com . About Guidewire PartnerConnect ecosystem and Ready for Guidewire Guidewire PartnerConnect Solution partners provide software, technology, and data solutions as well as insurance support services. Our Solution partners help drive business value and innovation for insurers by developing and delivering integrations, extensions, apps, and other complementary solutions for Guidewire products. All of our Ready for Guidewire partner solutions are validated for security, quality, and compatibility with Guidewire, and can be found on the Guidewire Marketplace . For more information about Guidewire PartnerConnect, please visit http://www.guidewire.com/partners . About Guidewire Software Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. We combine digital, core, analytics, and AI to deliver our platform as a cloud service. More than 400 insurers, from new ventures to the largest and most complex in the world, run on Guidewire. As a partner to our customers, we continually evolve to enable their success. We are proud of our unparalleled implementation track record, with 1,000+ successful projects, supported by the largest R&D team and partner ecosystem in the industry. Our marketplace provides hundreds of applications that accelerate integration, localization, and innovation. For more information, please visit www.guidewire.com and follow us on Twitter:

Talem AI Frequently Asked Questions (FAQ)

  • When was Talem AI founded?

    Talem AI was founded in 2017.

  • Where is Talem AI's headquarters?

    Talem AI's headquarters is located at 402 Commercial Street, Boston.

  • What is Talem AI's latest funding round?

    Talem AI's latest funding round is Seed VC.

  • How much did Talem AI raise?

    Talem AI raised a total of $2.42M.

  • Who are the investors of Talem AI?

    Investors of Talem AI include Holt Fintech Accelerator, Build Ventures, Innovacorp, Hartford InsurTech Hub, Innovacorp Accelerate Program and 7 more.

  • Who are Talem AI's competitors?

    Competitors of Talem AI include MDGO and 1 more.

  • What products does Talem AI offer?

    Talem AI's products include Biomechanical Review and 2 more.

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Compare Talem AI to Competitors

Assured Logo
Assured

Assured is a company that provides SaaS solutions for the property and casualty insurance industry. Its main offerings include a Claims Intelligence Platform that enables the digital ingestion, servicing, and processing of insurance claims. The platform supports various lines of business such as personal auto, commercial auto, homeowners, commercial property, and workers' compensation. It was founded in 2019 and is based in Palo Alto, California.

Tractable Logo
Tractable

Tractable focuses on artificial intelligence in the automotive and property insurance sectors. The company provides solutions for damage appraisal, assisting in the assessment and protection of vehicles and homes. Tractable's technology aims to improve claims processes, from reporting to settlement, and to support the appraisal of automotive parts. It was founded in 2014 and is based in London, United Kingdom.

Solera Logo
Solera

Solera focuses on vehicle lifecycle management within the automotive software solutions sector. The company provides services including vehicle claims processing, vehicle repair management, fleet solutions, and data analytics. Solera primarily serves the automotive industry, including dealerships, insurers, repairers, and fleet operators. It was founded in 1966 and is based in Westlake, Texas.

M
MDGO

MDGO operates as a company focusing on accident detection and response (ADR) in the insurance industry. Its main service involves using advanced crash sensors to send detailed accident information to first responders and insurers, enabling immediate response and control over the claims process. The company primarily sells to the insurance industry. It was formerly known as Endovitech. It was founded in 2017 and is based in Tel Aviv, Israel.

Mitchell Logo
Mitchell

Mitchell provides technology solutions and services for the property and casualty (P&C) insurance and collision repair industries. The company has products including claims automation, repair technology, and management services for auto insurance, collision repair, and workers' compensation. It was founded in 1946 and is based in San Diego, California.

M
Meili

Meili specializes in computer vision and enterprise solutions within the automation and safety sectors. The company offers a Safety Platform that provides insights on safety incidents, efficiency, employee progress, and automated training suggestions, as well as internal and third-party incident record storage. Meili also offers Smart Automation, an add-on capability for tracking asset and employee performance tailored to business environments. It was founded in 2020 and is based in New York, New York.

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