Based out of Madrid, Bdeo caters to the insurance claims industry with video solutions for claims handling processes. Recently, the Spanish insurtech company raised €5M in a Series A round led by BlackFin, a European investment firm focused on financial services. Other existing investors including K Fund and Big Sur Ventures also participated in the round.
The company intends to use the funding to consolidate its position in the market and aims to become leaders in visual intelligence in the insurance sector by 2022.