French startup QantEv raises $1.7 million in a Seed round

According to Elaia, QantEv, a French startup that optimizes provider networks for health insurers, has raised $1.7 million in a seed investment round. The round was led by Elaia Partners with participation from British deep tech investor Entrepreneur First, and angels such as Gwénaël Moy, former CEO of AXA Japan, and Nadav Rosenberg, Venture Partner at Entrepreneur First. 

Founded in 2019 by CEO Tarik Dadi and CTO Hadrien de March, QantEv develops artificial intelligence for insurance operations. From network to case management, its technology provides critical insights to ops teams. QantEv makes a difference by helping insurers deliver higher quality services with more affordable premiums to hundreds of thousands of members around the world.

The raised money will accelerate QantEv’s ability to develop its health claims AI platform and its expansion into new markets, help more insurers enhance their operations globally, and offer the best care to their members. 

Tarik Dadi, CEO, and co-founder of QantEv, said: “Our mission at QantEv is to bring AI & optimization breakthroughs to real-world problems and by doing so, help the industry in its data & digital transformation. We’re achieving that every day, as our technology enables health insurers to deliver the best quality of care while reducing the cost of care. This new investment from Elaia Partners, who have a standout track record in investing in deep tech enterprise software companies, shows informed investors believe in our unprecedented technology and our ability to create value for new clients and new areas to operate in.”

About Elaia Partners: Elaia is a European top-tier VC firm with a strong tech DNA. We back tech disruptors with global ambition from early-stage to growth development. For the past 18 years, our commitment has been to deliver high performance with values.