No-code AI platform EasySend secured $16 Million in Series A funding

EasySend an Israel based no-code AI-powered platform transforming manual processes into digital journeys, has now secured $16 million in Series A funding round.

EasySend is founded by the Tal Daskal. It provides insurance carriers, financial services, and banks with a platform to transform manual, paper-based processes into digital experiences on any device. By leveraging Machine Learning and AI, the system enables real-time insights into customer interactions, allowing processes to be optimized easily and quickly.

Tal Daskal, EasySend CEO, and co-founder, said, "The world is changing. COVID-19 forced traditional enterprises to embrace digital transformation and digital culture at a pace and scale never seen before. Our no-code platform is uniquely positioned to make this digital transition easier for enterprises from a wide range of industries – especially insurance and financial services – enabling them to create new digital products efficiently and effectively while boosting and creating digital opportunities which not only save on development and maintenance costs, but also drive revenue growth."

Hanaco founding partner Alon Lifshitz, said, "Hanaco is firmly invested in building a digital future. By bridging the gap between manual processes and digitization, EasySend is making this not only possible but also easy, affordable, and practical".

The round was backed by the Hanaco with participation from Intel Capital. The investment follows a previously undisclosed of $5 million seed funding round from the existing investor's Menora Insurance and Vertex Ventures.

Additionally, EasySend also announced two new appointments to its Board of Directors team, Alon Lifshitz, founding Partner, Hanaco, and Roi Bar Kat, investment director of Intel Capital.

The company, as of now has plans to use the new funds to expand its team, and scale its customer base in Asia, Europe, and the US.