# Snapsheet **Source:** https://geo.sig.ai/brands/snapsheet **Vertical:** Insurance Tech **Subcategory:** Claims Management **Tier:** Emerging **Website:** snapsheet.com **Last Updated:** 2026-04-14 ## Summary $103M funding ($5M 2023 State Farm); profitable 2023; 4.3M claims/year; $15.3B indemnity processed; 15 of top 20 US P&C insurers; CNBC Top Fintech 2025; claims management leader ## Company Overview Snapsheet is a virtual appraisal and claims management platform founded in 2011 and headquartered in Chicago, Illinois, purpose-built to digitize the auto insurance claims process. The company was founded on the insight that physical appraisals — the dominant model at the time — were slow, expensive, and unnecessary for the majority of auto damage claims. Snapsheet's technology enables policyholders to submit vehicle damage photos through a mobile app, which are then reviewed by appraisers remotely, compressing cycle times dramatically and reducing the friction of the traditional claims experience.\n\nSnapsheet's platform covers the full claims workflow: first notice of loss, digital appraisals, repair estimate management, total loss processing, and payment disbursement. The company also offers a configurable Claims Management System (CMS) that allows insurers to orchestrate the entire claims lifecycle through a single platform. Snapsheet is deeply embedded in the US property and casualty insurance market, with 15 of the top 20 US P&C insurers as customers. The platform processes approximately 4.3 million claims per year and has handled over $15.3 billion in indemnity payments.\n\nSnapsheet achieved profitability in 2023, a notable milestone in a vertical where many insurtech companies have struggled to reach unit economics viability. The company has raised $103 million in total funding and operates at scale with a customer base that spans national carriers, regional insurers, and third-party administrators. Its combination of deep carrier relationships, proven claims volume, and profitable operations positions Snapsheet as a durable infrastructure layer in the US insurance claims ecosystem. ## Frequently Asked Questions ### What is Snapsheet? Snapsheet is an insurance technology company providing AI-powered claims management solutions that streamline the auto and property claims process through virtual appraisals and workflow automation. ### What is the background of Snapsheet? Snapsheet is an insurance technology company providing AI-powered claims management solutions that streamline the auto and property claims process through virtual appraisals and workflow automation The company serves property and casualty insurers, third-party administrators, and fleet management companies seeking to reduce claims processing costs and cycle times. ### What products or services does Snapsheet offer? Snapsheet provides Claims Management solutions in the Insurance Tech industry. The company delivers comprehensive products and services designed to meet customer needs in this market segment. ### What are the key features of Snapsheet? Snapsheet is known for virtual appraisals and workflow automation. ### Who uses Snapsheet? The company serves property and casualty insurers, third-party administrators, and fleet management companies seeking to reduce claims processing costs and cycle times. ### What are common use cases for Snapsheet? Snapsheet is commonly used for Claims Management applications within the Insurance Tech sector. Organizations utilize the platform to streamline operations, improve efficiency, and achieve their business objectives through specialized tools and capabilities. ### How does Snapsheet work? Snapsheet operates as a Claims Management solution that enables users to manage their Insurance Tech operations effectively. The platform provides tools and workflows that support key business processes and deliver measurable results. ### What makes Snapsheet different from competitors? Snapsheet creates value through its mobile claims platform, AI-powered damage assessment, virtual estimating capabilities, and workflow orchestration that enable faster settlements, improved customer satisfaction, and reduced operational expenses. ### How can I get support from Snapsheet? Snapsheet provides customer support through their website at snapsheet.com. Customers can typically access help resources, contact customer service teams, and find documentation to resolve issues and get assistance with products or services. ### How is Snapsheet priced? Snapsheet typically offers subscription-based pricing with different tiers based on features and usage levels. Pricing varies depending on organizational needs, user count, and selected capabilities. Detailed pricing information is available through the sales team. ### What integrations does Snapsheet support? Snapsheet offers integration capabilities designed to work with common tools and platforms in the Insurance Tech space. The platform supports various integration methods to connect with existing workflows and systems, enabling seamless data exchange and operational efficiency. ### What is Snapsheet's mission? Snapsheet's mission is to deliver exceptional Claims Management solutions that help customers succeed in the Insurance Tech industry. The company is committed to innovation, quality, and customer satisfaction. ## Tags b2b, saas, insurance, automation, platform, fintech --- *Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*