Portfolio company short bio
MotionsCloud is an Insurtech company, helping property and vehicle insurance companies to streamline and automate claims processes using computer vision technologies.
Portfolio Company Info

With AI computer vision technologies and user-friendly policyholder interfaces, MotionsCloud evaluates the vehicle and home damages based on images sent by policyholder/claimant and generates an assessment of damage severity, treatment, and possibly the estimated cost. 

MotionsCloud reduces claims cycle time to 3 hours instead of 3 weeks, cuts up to 75% of claims processing cost and leakages, plus improves customer claims experiences. Currently, serving a few clients in Germany, Austria, Italy, the US, and Southeast Asia. 

Success metric: average saving of 1.5 of working time per case and 80 EUR per case, user rating of 4.5/5.

Card info

Founders/CEO name: Lex Tan (LinkedIn), Alexis Hanke, Pablo Vu (LinkedIn), Sereyboth Van (LinkedIn)

Founded: 2016
Location: Munich, Germany
Sector: Fintech; Enterprise Software, AI;
Total amount raised (mln EUR): 0.5
Employees range: 11-50

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