i3systems: Funding, Investors & Team (Sep 2026)
i3systems is a healthcare machine learning product company, with a particular focus on the insurance clients. Our system can work on a variety of documents and unstructured data-sets to create an extremely high-quality data essential in predictive modeling, process automation, and decision making. The company has created unique frameworks which blend computational linguistics, machine learning, image processing, quality-control rules, interactive interfaces; in order to solve a wide variety of problems associated with Underwriting and Claims decision making in health and life insurance companies. Company's first product called DataMD performs process-automation, straight-through-processing with zero manual-touch-points, fraud detection, and Multi-dimensional risk stratification. The product is currently deployed with two of the three largest private sector General Insurance companies in India.
i3systems has raised $1.5M across 1 funding round on record, the most recent an undisclosed round of $1.5M announced in Sep 2020.
That round is below the $5.7M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.
i3systems Company Profile and Key Stats
Latest funding round on record: Sep 2020.
i3systems Funding Rounds
i3systems Founders and Leadership Team
Contact details for the i3systems team: 1 of 1 has an email address on file.
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i3systems' latest round of $1.5M is below the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.
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i3systems Funding FAQs
What does i3systems do?
i3systems is a healthcare machine learning product company, with a particular focus on the insurance clients. Our system can work on a variety of documents and unstructured data-sets to create an extremely high-quality data essential in predictive modeling, process automation, and decision making. The company has created unique frameworks which blend computational linguistics, machine learning, image processing, quality-control rules, interactive interfaces; in order to solve a wide variety of problems associated with Underwriting and Claims decision making in health and life insurance companies. Company's first product called DataMD performs process-automation, straight-through-processing with zero manual-touch-points, fraud detection, and Multi-dimensional risk stratification. The product is currently deployed with two of the three largest private sector General Insurance companies in India.
How much funding has i3systems raised?
i3systems has raised $1.5M across 1 round on record. The most recent is an undisclosed round of $1.5M announced in Sep 2020.
When did i3systems last raise funding?
i3systems' most recent funding round on record is an undisclosed round of $1.5M, announced in Sep 2020.
Who is the CEO of i3systems?
Mallesh Bommanahal is listed as CEO at i3systems.
Where is i3systems headquartered?
i3systems is based in Mumbai, Maharashtra, India.
How many employees does i3systems have?
i3systems is in the 11-50 employee band.
How does i3systems' funding compare to other Artificial Intelligence startups?
i3systems' latest round of $1.5M is below the $5.7M median round size for Artificial Intelligence companies on FundedIQ across 7,234 tracked companies over the last two years.
About FundedIQ's i3systems 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 i3systems is left off this page rather than filled in.
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