Five Sigma
Founded 2017 · 47 employees on LinkedIn · 4 known investors
Five Sigma provides an AI-native claims management platform for insurance companies, MGAs, and TPAs that automates claims processing, applies predictive analytics, and includes an AI claims adjuster to improve decision-making and operational efficiency.
Founders & leadership
Five Sigma was founded in 2017 by Oded Barak.
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Oded BarakinCo-founder & CEO
Investors · 4
Competitors · 8
by search overlapGuidewire Software101 shared keywordsGuidewire provides technology and software for property and casualty (P&C) insurers to run and grow their business. It serves the insurance industry with a platform for core operations, data, and digital engagement.
Riskonnect63 shared keywordsRiskonnect provides integrated risk management software and consulting services for enterprises across healthcare, financial services, and other industries, covering areas such as claims management, compliance, business continuity, and ESG reporting.
Insureon61 shared keywordsInsureon is a digital insurance agency that helps small business owners compare and purchase commercial insurance policies from over 100 carriers online. Operating across all U.S. states, it serves small businesses across 900+ industries and has delivered over 1.8 million policies.
Agentsync54 shared keywordsAgentSync provides insurance infrastructure software that manages onboarding, licensing, and appointment processes for carriers, agencies, MGAs, and producers. The platform enables insurers and agents to streamline compliance and growth operations.
Britecore54 shared keywordsBriteCore offers a cloud-native, AI-embedded core insurance platform for property & casualty insurers, letting them manage policies, billing, and claims, configure products, and provide agent and policyholder portals. It serves mid-size carriers and MGAs, primarily across North America.
Aclaimant49 shared keywordsAclaimant provides risk management software to help organizations identify and actively manage business risks. The platform originated in workers' compensation claim management and serves companies seeking real-time insights to mitigate or reduce loss frequency and severity.
Duck Creek Technologies45 shared keywordsDuck Creek Technologies provides cloud-native software for property and casualty insurance carriers to manage underwriting, claims, billing, and policy administration. The company serves P&C insurers globally with AI-powered capabilities to simplify operations and accelerate digital transformation.
Nextinsurance44 shared keywordsNEXT Insurance (ERGO NEXT) sells small-business insurance online, including general liability policies with product liability coverage for retailers, online sellers, wholesalers, and product makers. Customers can get a quote, customize coverage, and buy policies in about 10 minutes, with a mobile app for managing documents and filing claims.
Companies competing with Five Sigma for the same Google search keywords, organic and paid, via search-intersection analysis.
Frequently asked questions
- What does Five Sigma do?
- Five Sigma provides an AI-native claims management platform for insurance companies, MGAs, and TPAs that automates claims processing, applies predictive analytics, and includes an AI claims adjuster to improve decision-making and operational efficiency.
- Who founded Five Sigma?
- Five Sigma was founded by Oded Barak in 2017.
- Who are Five Sigma's investors?
- Five Sigma's investors include 83North, F2 Venture Capital, iGlobe Partners, PIPELINE CAPITAL PARTNERS.







