Qantev

The company provides a modular, end-to-end software-as-a-service (SaaS) platform for global insurers like AXA and Generali. Its core function is to automate and streamline the entire claims lifecycle. The technology uses specialized AI, machine learning, and medical language processing to digitize and analyze claims documents, including handwritten text. Key features include automated data extraction (OCR), medical coding inference, fraud, waste, and abuse detection, and checks for policy coverage and medical necessity. By transforming unstructured data into actionable insights, Qantev helps insurers reduce manual processing, lower claims costs, improve loss ratios, and enhance customer satisfaction through faster processing times. The platform is designed for rapid deployment, typically within four to six months.

Qantev has expanded its operations internationally, with a presence in Europe, North America, and Asia, and offices in Paris and Hong Kong. The company has secured significant funding to fuel its growth, including a €1.5M seed round in 2020, a €10M Series A in October 2022, and a €30M round led by Blossom Capital in September 2024, bringing its total funding to over €40 million. These funds are allocated to enhancing the platform's AI capabilities, recruiting talent, and accelerating global expansion. In February 2025, Qantev announced a strategic partnership with INSTANDA, a no-code policy administration platform, to offer a comprehensive end-to-end solution for life and health insurers.