Elafris Earns Coveted Slot in Prestigious Fintech71 Accelerator Program
SAN FRANCISCO, Sept. 19, 2017 /PRNewswire/ -- Elafris, the AI insurance technology company, has been chosen as one of ten companies to join Fintech71's 2017 selective 10-week accelerator program designed to enable innovators to scale their businesses and to connect them to top financial services firms.
Elafris receives Fintech71 capital investment as part of the inaugural program plus access to senior executives from the accelerator's partners, including Accenture, Visa, J.P. Morgan Chase and Progressive and Nationwide Insurance. The Elafris team also secures office space at the accelerator's home for the duration of the program.
Fintech71 performed an exhaustive, global search to select their initial class, identifying the most innovative Fintech firms. These ten leading startups all have established teams in place and products with an installed base of users.
"We are thrilled about the quality and diversity of this inaugural cohort … [they] represent specialties ranging from blockchain to personal finance. We believe our 10-week program will provide an ideal springboard for these companies to graduate from emerging startups to scalable businesses…," said Matt Armstead, Fintech71's executive director.
Elafris leads the field in bringing Artificial Intelligence and omnichannel communication capabilities to serve insurance and financial industry customers.
"We're honored to join Fintech71's program and to work with their team and industry partners," said Elafris CEO Jake Diner. "Innovation is challenging in heavily regulated and risk-averse domains like Finance and Insurance. Fintech71 is the ideal catalyst, bringing innovators and established enterprises together over ten weeks to develop and scale the next, ground-breaking financial technologies."
About Fintech71
Fintech71 is a non-profit startup accelerator and innovation outpost for Fintechs and top financial services companies in the United States. Located in Columbus, Ohio, the accelerator focuses on growing entrepreneurial activity, attracting more Fintech companies to Ohio, and expanding the innovation pipeline for current private-sector stakeholders, including Ohio's strong financial services base and Fortune 500 and Fortune 1000 companies headquartered in the state. More information at fintech71.com.
About Elafris, Inc.
Headquartered in San Francisco, Elafris, Inc. is the developer of the first Artificial Intelligence messaging platform specifically tailored for the banking and insurance industries. The company's AI messaging platform leverages Neural Networks and Machine Learning technologies to create virtual insurance agents that eliminate waiting times and response lag for insurance customers, whenever they need to communicate with their provider, file a claim or buy an add-on product. To learn more, visit the Elafris website at www.elafris.com.
MEDIA CONTACT:
Corporate Communications Department
Elafris, Inc.
310-404-1957
[email protected]
SOURCE Elafris, Inc.
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