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, Aquiline Technology Growth, F2 Venture Capital, iGlobe Partners, PIPELINE CAPITAL PARTNERS.

Five Sigma

Founded 2017 · 47 employees on LinkedIn · 5 known investors

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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 Learning InsurTech

Founders & leadership

Five Sigma was founded in 2017 by Oded Barak.

Oded BarakCo-founder & CEO

Investors · 5

83Northlisted by 83NorthLondon · $100K – $10M

How we know: 83North's portfolio page · a partner's Signal profile · the VCSheet dataset · Not right? Tell us

Aquiline Technology Growthlisted by Aquiline Technology GrowthNew York

How we know: Aquiline Technology Growth's portfolio page · Not right? Tell us

F2 Venture Capitallisted by F2 Venture CapitalTel Aviv · $2M – $45M

How we know: F2 Venture Capital's portfolio page · the VCSheet dataset · Not right? Tell us

iGlobe Partnerslisted by iGlobe PartnersSingapore · $600K – $6M

How we know: iGlobe Partners's portfolio page · Not right? Tell us

PIPELINE CAPITAL PARTNERSreportedLas Vegas

How we know: the VCSheet dataset · Not right? Tell us

Related companies · 8

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RiskonnectRiskonnect 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.

InsureonInsureon 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.

AgentsyncAgentSync 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.

BritecoreBriteCore 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.

AclaimantAclaimant 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 TechnologiesDuck 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.

Next InsuranceNEXT 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 working in the same space as Five Sigma.

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, Aquiline Technology Growth, F2 Venture Capital, iGlobe Partners, PIPELINE CAPITAL PARTNERS.