Five Sigma: Funding, Investors & Team (Sep 2026)
Five Sigma is a B2B insurtech start-up which changes the way claims are being managed. Its end-to-end, SaaS data-driven claims management system helps ensure better customer experience, while cutting costs, and reducing loss ratio. It helps insurers leverage their claims experience to gain new insights into pricing, underwriting, and risk management. Founded in 2017, Five Sigma leverages SaaS methodologies and unique data modeling to help transform the claims management process. It is headquartered in Tel Aviv, Israel.
Five Sigma has raised $14.0M across 2 funding rounds on record, the most recent a Series A of $2.0M announced in Jan 2022.
That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Five Sigma Company Profile and Key Stats
Latest funding round on record: Jan 2022.
Five Sigma Funding Rounds
Five Sigma raised $12.0M in a Series A announced in Sep 2021.
4 months later, a Series A of $2.0M was announced in Jan 2022.
Five Sigma Founders and Leadership Team
Contact details for the Five Sigma team: 1 of 1 has an email address on file.
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Five Sigma's latest round of $2.0M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Five Sigma Funding FAQs
What does Five Sigma do?
Five Sigma is a B2B insurtech start-up which changes the way claims are being managed. Its end-to-end, SaaS data-driven claims management system helps ensure better customer experience, while cutting costs, and reducing loss ratio. It helps insurers leverage their claims experience to gain new insights into pricing, underwriting, and risk management. Founded in 2017, Five Sigma leverages SaaS methodologies and unique data modeling to help transform the claims management process. It is headquartered in Tel Aviv, Israel.
How much funding has Five Sigma raised?
Five Sigma has raised $14.0M across 2 rounds on record. The most recent is a Series A of $2.0M announced in Jan 2022.
When did Five Sigma last raise funding?
Five Sigma's most recent funding round on record is a Series A of $2.0M, announced in Jan 2022.
Who is the CEO of Five Sigma?
Oded Barak is listed as CEO at Five Sigma.
Where is Five Sigma headquartered?
Five Sigma is based in Tel Aviv, Israel.
How many employees does Five Sigma have?
Five Sigma is in the 11-50 employee band.
How does Five Sigma's funding compare to other Financial Services startups?
Five Sigma's latest round of $2.0M is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.
About FundedIQ's Five Sigma Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Five Sigma is left off this page rather than filled in.
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