SENNA

Italian Startup Liablix Raises €1.2 Million to Automate Car Accident Analysis

Milan, Italy - Liablix, an AI-powered platform that automates the analysis of car accidents, has raised €1.2 million in a pre-seed funding round led by DFF Ventures. The round also included participation from FJ Labs, Plug&Play, and a select group of angel investors.

Founded by a team of experts in AI, accident reconstruction, and engineering, Liablix aims to revolutionize the way insurance companies and adjusters assess vehicle damage and liability. By converting photos of damaged vehicles and accident data into 3D reconstructions, the platform can objectively determine the dynamics and assign responsibility - a process often plagued by human error and subjective interpretations.

"The current analysis of liability is highly susceptible to human error and subjective biases," said Liablix co-founder Filippo Begani, an expert in accident reconstruction and road safety. "Our platform provides automated, objective evaluations by assessing both the compatibility of the vehicle damage and the consistency between the reported injuries and the accident dynamics."

This ability to accelerate decision-making and prevent costly misjudgments is particularly valuable for insurance companies, which often struggle with the manual, time-consuming nature of accident assessments. According to industry sources, inaccurate or inconsistent liability determinations can lead to significant economic losses for insurers.

Liablix's technology is designed to address these pain points by digitizing and streamlining the entire process. "We're tackling the real daily bottlenecks faced by the industry," said co-founder Davide Moricoli, an entrepreneur and computer engineer.

The fresh capital will enable Liablix to further develop its AI algorithms, expand its team, and scale the platform's deployment with insurance providers. "This investment is a testament to the potential of our solution to transform a crucial but often inefficient aspect of the insurance value chain," said Davide Castellucci, Liablix's third co-founder and a former AI tech lead.

With the rapid digitalization of the insurance sector and growing demand for efficiency, Liablix's automated accident analysis capabilities could find significant traction. The startup's success could also pave the way for similar AI-driven innovations to optimize other labor-intensive, subjective processes within the industry.