AI-powered DGTAL unveils new expansion plans on back of fundraising

DGTAL, a Germany-based Software-as-a-Service company launched in 2021 which leverages artificial intelligence (AI), has unveiled plans for a further expansion and enhancement of its core technologies on the back of a new €3 million ($3.3 million) investment in the company. Its founders say the company now has great traction in the industry as clients realise the potential savings it can offer in claims audit and management.

The funding round was led by the venture capital arm of German insurer VGH Versicherungen, a number of family offices and Gossmann Cie, a firm which provides data-intuitive solutions for the management of insurance liabilities and regulatory capital and is co-owned by Arndt Gossmann, the chief executive officer of DGTAL.