Deep Vector
AI-powered document automation turning unstructured insurance data into actionable insights
Overview
Deep Vector (formerly Loss Scan) is an AI-powered document automation platform that extracts and converts data from unstructured insurance documents into structured, actionable data. The company was founded in 2023 by Scott Knowles and Wesley Janse van Rensburg, who previously built and sold Modgic, an insurance analytics company, to Zywave.
The company's flagship product, Loss Scan, processes loss runs, ACORD forms, motor vehicle records, and business records, eliminating manual data entry for underwriting workflows. With support for over 5,600 carrier-specific formats and more than 5 million claims extracted to date, Deep Vector has rapidly gained traction among top insurance brokerages.
Deep Vector raised a $1.5M seed round in January 2025, co-led by Aperture Venture Capital and InsurTech NY, and has expanded its vision beyond insurance with Custom Scan, an industry-agnostic document automation product.
Products & Services
Loss Scan
AI-powered loss run data extraction platform that converts unstructured insurance documents into structured, actionable data. Flagship product and the original product that launched the company.
Key Features
- 5,600+ carrier-specific formats supported
- 1,586,000+ pages scanned to date
- 5,152,480+ claims extracted to date
- Processes documents in seconds
- Pre-built export templates for Applied, Vertafore, Zywave
- SOC 2 Type 2 compliant
- RESTful API available at api.lossscan.com
- Human verification layer for accuracy
Target Users: Brokers (claims analysis, renewals), Carriers and MGAs (risk evaluation, underwriting)
Custom Scan
Industry-agnostic document automation platform extending Deep Vector's AI beyond insurance into finance, healthcare, and legal industries.
Key Features
- Handles PDFs, images, and poorly formatted scans
- Customizable data extraction templates
- Cross-industry document processing
- Structured output from any unstructured document
Target Users: Insurance professionals, financial institutions, healthcare organizations, legal teams
At a Glance
- Founded
- 2023
- Headquarters
- Bend, Oregon
- Employees
- 1-10
- Funding
- Seed
Category & Focus
- Category
- AI & Automation
- Subcategories
- Data Extraction Document Automation Underwriting
- Insurance Verticals
- P&C (primarily commercial lines)
- Target Customers
- Brokers, Carriers, MGAs
Customers
- Acrisure
- AmWins
- CRC Group
- EPCI
- M&J
- Sentinel
- Foundation
- Propel
- Reliance
- Alera
- Captive.Insure
- Horton
- ACG
- Gregory Appel
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Last updated: 2026-03-25