LeO Overview
LeO is a smart virtual assistant platform designed specifically for the $600 billion market of insurance agents and brokers. LeO supports insurance agents by using artificial intelligence to handle 80% of customer service needs while efficiently cutting costs and increasing return on investment. LeO is currently working with medium to large agencies in the U.S. and Israel.
Cumulative Funding Raised Over Time ($)
—Feb 2022
—Jan 2017
$120KJan 2017
$1.7MNov 2019
$6.7MNov 2021
$7.5MOct 2018
Latest News
growth-positive
Insurtech company LeO completes $5 million Seed round
Israeli insurtech company LeO has completed a Seed round totaling $5 million to expand its operations in the U.S. market. The round was led by iAngels and Menara Ventures, with Unicorn Technologies also investing. LeO is developing an artificial intelligence platform for salespeople and insurance agents. The company has raised a total of $8 million to date and has signed agreements with insurance agencies and a technology giant in the insurance sector. The funding will help LeO accelerate its activity in the U.S. market, expand its research and development activities in Israel, and potentially connect with a leading technology company.
InvestmentExpand
| Sector | Business Software |
Funding
| Total funding | $8.09M |
| Last funding | Undisclosed |
| Stage | Seed |
| Rounds | 7 |
| Investors | 8 |
Team Members
3
Employees: 51-200
Web & Social Links
| Website | www.meetleo.com |
| Careers | Careers page |
Locations
Ha-Kharuv St 8, Rishpon, Israel
119 W 24th St, New York, NY 10011, USA
Photos & Videos
No files yet
LeO Business
Business models
B2B
Product stage
Released
Employees
51-200
Sector
Business SoftwareSales & Marketing Solutionse-Commerce ToolsFintech & InsurtechInsurtechTarget Customer
Financial ServicesFinancial InstitutionsBrokerageFinancial ProductsInsuranceCore Technology
Platforms & InterfacesWebArtificial IntelligenceMachine LearningTags (12)
fintechdata-analyticsbrokerscustomer-engagementinsurance-companiesinsurtechchatbotweb-applicationartificial-intelligencemachine-learningautomationcustomer-serviceGeographic Markets
AmericasIsraelEuropeLeO Financials
$8.09M
Total funding
Undisclosed
Capital raised
Undisclosed
Last funding
Seed
Funding stage
7
Total rounds
8
Investors
Cumulative Funding Raised Over Time ($)
—Feb 2022
—Jan 2017
$120KJan 2017
$1.7MNov 2019
$6.7MNov 2021
$7.5MOct 2018
Private Equity Funding
Undisclosed Round
Feb 2022
Undisclosed
NGN Partners
Seed
Nov 2021
$5M
iAngels (Lead)
,
Menara Ventures, Summus Venture Capital, Unicorn Technologies
Seed
Nov 2019
$1.6M
Undisclosed Investor(s)
Pre-Seed
Oct 2018
$800K
Undisclosed Investor(s), Launch It Capital
Undisclosed Round
Jan 2017
Undisclosed
Seed
Jan 2017
$120K
Techstars Accelerator
Non-Equity Funding
GrantEvent
$565K
Israel Innovation Authority
LeO Lifecycle
Cumulative Funding Raised Over Time
—Feb 2022
—Jan 2017
$120KJan 2017
$1.7MNov 2019
$6.7MNov 2021
$7.5MOct 2018
All Events
Undisclosed Round
Feb 2022
Undisclosed
NGN Partners
Seed
Nov 2021
$5M
iAngels (Lead)
,
Menara Ventures, Summus Venture Capital, Unicorn Technologies
Seed
Nov 2019
$1.6M
Undisclosed Investor(s)
Pre-Seed
Oct 2018
$800K
Undisclosed Investor(s), Launch It Capital
Undisclosed Round
Jan 2017
Undisclosed
Seed
Jan 2017
$120K
Techstars Accelerator
GrantEvent
$565K
Israel Innovation Authority
LeO News
1 article
growth-positive
Insurtech company LeO completes $5 million Seed round
Israeli insurtech company LeO has completed a Seed round totaling $5 million to expand its operations in the U.S. market. The round was led by iAngels and Menara Ventures, with Unicorn Technologies also investing. LeO is developing an artificial intelligence platform for salespeople and insurance agents. The company has raised a total of $8 million to date and has signed agreements with insurance agencies and a technology giant in the insurance sector. The funding will help LeO accelerate its activity in the U.S. market, expand its research and development activities in Israel, and potentially connect with a leading technology company.
InvestmentExpand
LeO Team
Employee Info
| Employees (range) | 51-200 |
| Exact count | 145 |
| Team members | 3 |
Similar Companies
Similar companies data is computed dynamically and not stored in the entity profile. This section requires implementing a similarity query (e.g. by classification overlap, sector, district).
This entity has 16 classification IDs that could be used for matching.
LeO Internal
Recent Updates
No update log entries.
Note: Free-text notes visible in the original Finder "Internal" tab are not present in the imported profile data. Only the update audit log is available.
Admin Info
| Confidence | 99/100 |
| Missing | video or image, markets |
| BI Verification | Jenny Sotnik-Talisman |
| Registrar ID | 515585834 |
| Crunchbase | leo-6128 |
| Creator | Amit Kupferschmied |
| Creator email | amit.kupferschmied@gmail.com |
| Last updater | Jenny Sotnik-Talisman |
| Updater email | jenny.sotnik@sncentral.org |
| Last update | 2022-09-04T00:00:00.000Z |
| Created | 2017-01-10T00:00:00.000Z |
| Claimed | Yes |