Flamingo

insurtechartificial intelligence/machine learningsoftware/whitelabel/apis-insurtech

FOUNDING YEAR: 2014
LOCATION: United States
Last Update: 08/09/2020

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About

Based in NYC and Sydney, Flamingo is an enterprise SaaS company in the emerging field of conversational commerce, that helps financial services businesses improve online sales conversion by improving online customer experience. We do this through Flamingo's conversational commerce platform, Journey Assist and a machine learning powered virtual sales assistant named 'Rosie.' We help guide customers through product decision making, quotation and payment improving customer experience, conversion rates and increasing service efficiency compared to traditional sales and service channels.

MEDICI Analysis

Flamingo is a virtual customer assistant for insurance & financial services that helps in online sales conversion, on-board new customers (quotation, application etc.) and service existing customers (claims etc.) Recently, the company was selected by MetLife InsurTech accelerator program collab 2017.

Focus

PRODUCTS & SERVICES

AI powered virtual conversational assistants for Insurance and Finance firms

REVENUE MODEL

Subscription Monthly Recurring Revenue

PRIMARY PROBLEM SOLVED

Flamingo helps financial services companies increase online sales conversion rates and improve online customer experience.

company provided insights

People

INVESTORS:

MOHARA

Momentum

FUNDED

NO

TOTAL FUNDING

$14.54 K

DATE OF LAST FUNDING

May 2016

SEED & PRIOR FUNDING

$14.54 K

SEED CLOSED ON

May 2016

LISTED

NO

Innovation Programs

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Flamingo

About

Based in NYC and Sydney, Flamingo is an enterprise SaaS company in the emerging field of conversational commerce, that helps financial services businesses improve online sales conversion by improving online customer experience. We do this through Flamingo's conversational commerce platform, Journey Assist and a machine learning powered virtual sales assistant named 'Rosie.' We help guide customers through product decision making, quotation and payment improving customer experience, conversion rates and increasing service efficiency compared to traditional sales and service channels.

Focus

PRODUCTS & SERVICES

Flamingo's technology include our conversational commerce platform, Journey Assist, and a machine learning powered virtual sales assistant named 'Rosie.' The combination of the two enable insurers and financial services businesses to guide their customers decision making online and automate the process.

REVENUE MODEL

Subscription Monthly Recurring Revenue

TOP PROBLEM SOLVED

Flamingo helps financial services companies increase online sales conversion rates and improve online customer experience.

PRODUCT DEVELOPMENT STAGE

MARKET TRIAL

PRIMARY CUSTOMER TYPE

Enterprise - Banks or Financial Institutions

Traction

LIVE USERS/TRANSACTIONS:

Yes, in trial/pilot

CHANNEL STATUS

INITIAL CLIENTS

People

NUMBER OF EMPLOYEES

11-50

Momentum

FUNDED

YES

FUNDING COMPLETED

NO

LISTED

YES

FUNDING SERIES