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Friendlycares - About the company

Friendlycares is a seed company based in San Francisco (United States), founded in 2019 by Natasha Alexeeva. It operates as a Provider of AI-powered document processing and data extraction for insurance workflows. Friendlycares has raised $1.29M in funding from Global Insurance Accelerator. The company has 286 active competitors, including 54 funded and 22 that have exited. Its top competitors include companies like Shift Technology, Cognigy and Pibit AI.

Company Details

Provider of AI-powered document processing and data extraction for insurance workflows. This platform digitizes complex documents, summarizes medical histories, and automates various insurance processes, including underwriting, claims processing, and financial services. The solution integrates into existing workflows and offers features such as data anonymization and multilingual support. A hybrid approach combines AI speed with human verification to ensure accuracy.
Social
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Email ID
*****@friendlycares.com
Key Metrics
Founded Year
2019
Location
San Francisco, United States
Stage
Seed
Total Funding
$1.29M in 3 rounds
Latest Funding Round
Ranked
Employee Count
49 as on Jun 30, 2026
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Friendlycares's funding and investors

Friendlycares has raised a total funding of $1.29M over 3 rounds. Its first funding round was on Jan 09, 2019. Its latest funding round was a Seed round on Mar 26, 2025 for $*****. 1 investor participated in its latest round. Friendlycares has 4 institutional investors.

Here is the list of recent funding rounds of Friendlycares:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 26, 2025
6754848
Seed
1646765
9025653
4340671
9258892
Nov 08, 2024
7742755
Seed
7158027
8035127
1937667
6002601
Jan 09, 2019
1240969
Seed
8085415
6870770
4187705
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Friendlycares' founders and board of directors

Founder? Claim Profile
The founders of Friendlycares is Natasha Alexeeva.
Here are the details of Friendlycares' key team members:

Friendlycares' employee count trend

Friendlycares has 49 employees as of Jun 26. Here is Friendlycares's employee count trend over the years:
Employee count trend for Friendlycares
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Friendlycares's Competitors and alternates

Top competitors of Friendlycares include Shift Technology, Cognigy and Pibit AI. Here is the list of Top 10 competitors of Friendlycares, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Shift Technology
Shift Technology
2014, Paris (France), Series D
Provider of AI solutions for insurance underwriting, claims, and risk
$320M
68/100
2nd
Logo for Cognigy
Cognigy
2016, Dusseldorf (Germany), Acquired
Provider of AI-powered customer service automation platform and agent assistance
$165M
67/100
3rd
Logo for Pibit AI
Pibit AI
2020, San Francisco (United States), Series A
AI-powered underwriting platform for commercial property and casualty insurance
$7.64M
66/100
4th
Logo for Friendsurance
Friendsurance
2010, Berlin (Germany), Acquired
Provider of digital insurance solutions for banks and insurers
$15.3M
63/100
5th
Logo for Homebot
Homebot
2015, Denver (United States), Acquired
Chatbot based lead generation platform for real estate agents
$4M
61/100
6th
Logo for Hi Marley
Hi Marley
2015, Boston (United States), Series B
Provider of AI and cloud-based conversational platform for the insurance industry
$41.7M
59/100
7th
Logo for Snoop
Snoop
2018, London (United Kingdom), Acquired
App-based platform for expense management of individuals
$42.3M
57/100
8th
Logo for Quandri
Quandri
2021, Vancouver (Canada), Series A
Provider of AI-driven platform that automates insurance renewals and provides insights
$22M
56/100
9th
Logo for ProNavigator
ProNavigator
2016, Kitchener (Canada), Acquired
AI-based insurance chatbot for brokers
$16M
54/100
10th
Logo for Total Expert
Total Expert
2012, Eden Prairie (United States), Series C
Provider of customer engagement platforms for financial institutions
$86M
54/100
37th
Logo for Friendlycares
Friendlycares
2019, San Francisco (United States), Seed
Provider of AI-powered document processing and data extraction for insurance workflows
$1.29M
39/100
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Friendlycares's Investments and acquisitions

Friendlycares has made no investments or acquisitions yet.

Reports related to Friendlycares

Here is the latest report on Friendlycares's sector:

News related to Friendlycares

•
Xceedance Invests In FriendlyCoverager•Mar 26, 2025•Xceedance, Friendly, Friendlycares
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FAQs about Friendlycares

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