Avallon, a builder of artificial intelligence agents that automate repetitive insurance claims tasks, has secured $4.6 million in seed funding led by Frontline Ventures with participation from Y Combinator, 1984, Liquid2 and Booom.
The capital will be used to hire employees and accelerate product development to expand beyond bespoke services for the workers’ compensation and automotive insurance categories to an AI platform for all lines of insurance.
Avallon’s AI technology creates structured claims data for third-party administrators and insurance carriers and integrates with most major CMS platforms, IVR systems and data warehouses.
Avallon was co-founded