Jackson Fregeau, who studied Finance at the University of Calgary, launched Quandri alongside his brother Jamieson, an electrical engineering graduate from the University of Victoria, at the start of 2021.
The company was founded on the concept of deploying digital workers to run companies’ high-volume, repetitive tasks.
Software bots, tailored to customers’ unique processes, can operate error-free at lightning speed and cost up to 50% less than their human counterparts, according to the Vancouver-based startup.
With today’s available technologies, there is no reason for people to be performing repetitive tasks in their work, the BC company believes.
One sector in particular where Quandri has found its bots able to help is insurance.
Investors FUSE, Defined Capital, Aviso Ventures, Rebellion Ventures, N49P and Good News Ventures all agree, having recently poured fresh capital into the fledging insure-tech.
The round, first reported by TechCrunch, builds on $2 million in seed funding secured in 2022.
The Vancouver company’s current digital workforce offering includes AI bots such eDoc Executive, Renewal Reviewer, and Download Director. These “bots-as-a-service” are all currently targeted toward innovating the insurance industry in North America—the market the startup currently believes it can serve best.
Other Canadian insure-tech startups disrupting the space include Apollo Insurance and Goose Insurance, both also out of Vancouver, as well as Toronto’s SureBright.
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