DigsFact

AI-powered property inspection and estimation technology for insurance claims, underwriting, and restoration.

Claims Technology Startup Seed

Overview

DigsFact is an AI and computer vision company that transforms property inspections and estimation for the insurance and construction industries. Founded in 2018 by Nishant Tomar after a personal experience with a house fire, the company builds technology that enables policyholders to capture property damage with a single photo, delivering 97%+ accurate measurements in real time for remote adjusters.

The company's flagship product, InstaBud, accelerates the claims process by enabling virtual property inspections for claims, repairs, restorations, and underwriting. DigsFact has integrated with both Verisk (Xactimate/XactAnalysis) and CoreLogic (Claims Workspace), the two dominant platforms in property insurance estimation, and is a preferred partner with both companies.

DigsFact also offers The PreCogs, an AI system for financial crime detection and prevention, and has expanded into vehicle inspections with InstaBud Auto. The company claims its technology can improve adjuster productivity by 300% and reduce adjustment expenses by 60-90%.

Products & Services

InstaBud

AI-powered virtual property inspection tool that enables remote estimation of property claims and restoration projects using photos from any smart device.

Key Features

97% measurement accuracy without LiDAR, 99% with LiDAR
Real-time measurement output as soon as photo is taken
Linear and surface area measurements from 2D photos
2D and 3D floor plans and sketches generated from regular photos
ESX (Xactimate) and FML (CoreLogic) output format support
Over 85% policyholder adoption rate
90%+ of policyholders capture damage in under two minutes

Target Users: Insurance adjusters, contractors, field inspectors, policyholders

InstaBud Auto

AI-powered vehicle inspection tool for virtual vehicle damage assessment.

Key Features

Virtual vehicle inspections at high speed
AI-driven damage detection and assessment

Target Users: Auto insurance adjusters, body shops

The PreCogs

AI system for financial crime detection and prevention that identifies fraud and money laundering before they occur.

Key Features

Proactive fraud detection
Money laundering prevention
Detailed investigation reports

Target Users: Insurance carriers, financial institutions

DigsFact AI (DFAI)

Early damage detection and material detection from any photo using AI and computer vision.

Key Features

Damage detection from photos
Material identification
Works with any standard photo

Target Users: Insurance adjusters, property inspectors

At a Glance

Founded: 2018
Headquarters: Crystal Lake, Illinois, USA
Employees: 11-50
Funding: Seed

Category & Focus

Category: Claims Technology
Subcategories: Claims automation property inspection AI estimation virtual inspection
Insurance Verticals: P&C Personal P&C Commercial
Target Customers: Carriers, TPAs, Agents/Agencies