We’re proud to share that Wisedocs has been selected for the Insurtech100 List for 2024 by FinTech Global! This milestone is a great reminder of how far we’ve come, and the positive impact we’re making in the insurtech world. 2024 has been a momentous year of change for Wisedocs, having raised $12.7M CAD in Series A funding, plus $4.5M more from CIBC Innovation Banking, all helping us move forward and build even better tools for our clients.

What truly keeps us moving is the trust and connections we’ve built with our clients and partners. Our AI-powered platform is designed to make life a little easier, taking the headache out of medical record reviews so that insurance carriers, healthcare providers, law firms, and many others can focus on the work that matters most. By speeding up document processing by as much as 70%, we’re seeing real differences in how our clients work - and we’re just getting started! We can’t wait to keep servicing new industries and finding even more ways to support those who rely on us.

What is the InsurTech100?

The InsurTech100 is an annual list that showcases the 100 most innovative companies that are driving real change in the insurance and technology industries. It’s put together by a team of industry experts and analysts, highlighting the businesses that insurance leaders should keep an eye on as they shape the future of digital transformation.

Each year, companies featured on the InsurTech100 gain attention from across the industry, whether it’s prospective clients, financial institutions, or partners looking for the next big thing. Being on this list opens doors and brings recognition that can lead to exciting new opportunities for the companies involved.

"The InsurTech100 celebrates companies that are pushing boundaries and driving the future of insurance. This year’s list features those who have demonstrated exceptional innovation, offering solutions that are transforming the industry and setting new standards." -  Richard Sachar, CEO of Fintech Global.

With the 2024 InsurTech100 winners announced, senior leaders and insurance professionals now have a guide to the digital insurance models poised to make a lasting impact in the industry.

What This Means for Wisedocs and the Industry

Being featured on the InsurTech100 shows just how far our platform has come. We’re reshaping how insurance carriers and other industries manage medical records, using AI and machine learning to help them work faster and more accurately.

The AI market in insurance is growing faster than ever. Back in 2022, it was worth $4.59 billion, and by 2032, it’s expected to hit nearly $80 billion, making it clear that AI will play a huge role in shaping the future of the industry.

Looking Forward

At Wisedocs, this acknowledgment motivates us to keep pushing ourselves to do better. As we grow, we’re eager to bring even more value to the industries we support. The feedback from our clients has been incredible, and we’re looking forward to what’s next as we continue expanding and improving our platform.

Our goal has always been to make medical record reviews simpler, faster, and more accurate -- and we’re just at the beginning of what’s possible!