Led by President CEO Grant Little, Precedent provides a digitized demand-handling technology that streamlines communication between attorneys and insurance carriers for attorney-represented injury claims using AI, ML and LLMs. Its technology integrates with carriers' existing document ingestion processes and can proactively push extracted intelligence into core claim systems, injury evaluation software, and litigation management systems. The company launched in late 2022 and has reported initial traction among U.S. Property & Casualty carriers. Precedent is adding and expanding partnerships with major claims management, injury evaluation, and core systems platforms. The company intends to use new funding to bring its suite of products to more insurers and to broaden and accelerate new product development. Financially, Charlotte, NC-based Precedent closed a $9M Seed financing led by Adir Ventures.

Total raised

$9M

Funding rounds

1

Latest round

Seed

Latest activity

Jun 2023