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Snapsheet
Mobile application to accelerate estimates of repairs to vehicles that are victims of road accidents
About Snapsheet
Snapsheet is a cloud-based claims processing software platform that simplifies insurance claims for auto and property. The company provides a claims management system that handles the entire workflow from first notice of loss (FNOL) to settlement, including virtual appraisals and payments. Snapsheet serves insurance carriers of all sizes, helping them to reduce cycle times, improve appraisal accuracy, and enhance customer experiences.
Read full description
The business model is centered around providing software-as-a-service (SaaS) solutions to the insurance industry. Snapsheet makes money by licensing its claims management platform to insurance companies. The platform is designed to be flexible and fast, with features like automated processes and a digital customer platform for virtual appraisals. Snapsheet also offers a partner ecosystem to accelerate business growth for its clients.
At a glance
- Status
- Operational
- Founded
- 2011
- Headquarters
- Chicago, United States
- Employees
- 484
- Open positions
- None listed
- Dealroom signal
- 80.2/100
- Industry
- Fintech, Transportation
- Sub-industry
- Insurance, Maintenance
- Sector
- Fintech, Automotive, SaaS, Car Insurance, Insurtech Claim, PandC Insurance
- Business model
- SaaS
- Client focus
- b2c
- Investment activity
- 1 company, latest Sep 2021
- Capital deployed
- $0
- Preferred round
- EARLY VC
Latest news
Press, funding announcements and product moves mentioning Snapsheet.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VCOther financing | Jul 2023 | $5M | $150M | State Farm Ventures | ↗ |
| SERIES EOther financing | Mar 2021 | $30M | $120M | Nationwide Ventures | — |
Growth signals
Latest recorded traffic for Snapsheet is 13K monthly website visits, down 27.8% over the last three months. Snapsheet's team grew 5% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Lightbank
Series A5 investors entered at this stage
OCA Ventures
Pritzker Group Venture Capital
500 Global
USAA
Commerce Ventures
Series B and later15 investors entered at this stage
Fosun Group
IA Capital Group
Intact Financial Corporation
Montage Ventures
Entrust
F-Prime
Liberty Mutual Strategic Ventures- G2G2T3V
Tola Capital
Plug and Play
Nationwide
Sedgwick
State Auto Labs
Nationwide Ventures
State Farm Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Snapsheet on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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