Five Sigma
Founded 2017 · 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.
AI & Machine LearningInsurTech
Founders & leadership
Five Sigma was founded in 2017 by Oded Barak.
OB
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 covering governance, risk and compliance (GRC), insurable risk and claims management, and business continuity, with an AI layer for risk prediction and decision support. It serves risk, compliance, claims, safety, and resilience professionals across enterprises.
Insureon61 shared keywordsInsureon is an online insurance agency that lets small business owners fill out a single application and compare quotes from multiple A+ rated carriers for coverage such as general liability, professional liability (E&O), workers' compensation, commercial property, BOP, cyber, umbrella, and commercial auto. It pairs its online quoting technology and customer portal with licensed insurance producers and account managers who advise clients across the United States.
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.