Dylogy Secures €2 Million in Pre-Seed Funding Round for Cutting-Edge AI Document Management Platform

French startup Dylogy, formerly known as Novaa Tech, has successfully secured €2 million in funding to enhance its pioneering platform that revolutionizes document and risk management for insurers, reinsurers, and brokers. Founded in 2023 by a dynamic trio of engineers and actuaries, Dylogy leverages cutting-edge generative AI technology to streamline the processing and analysis of diverse documents, enabling organizations to make informed decisions with confidence. This financial boost not only underscores the growing demand for innovative digital solutions in the insurance sector but also marks a significant milestone in Dylogy’s journey toward empowering industry players with superior risk management capabilities. Recognized as a French Tech Seed company since 2024, Dylogy has received the prestigious French Tech Emergence grant, awarded by the Pouss@LYS consortium, highlighting its commitment to Deeptech and innovation. The funding will be allocated towards expanding Dylogy’s technology infrastructure, enhancing its AI capabilities, and scaling its market presence. Dylogy aims to reshape the landscape of document management within the insurance industry, reducing operational inefficiencies and improving oversight through proactive monitoring and advanced analytics. As the company progresses, it remains dedicated to fostering a culture of innovation and collaboration, ultimately positioning itself as a leader in the intersection of technology and insurance. With this strong foundation and newfound resources, Dylogy is poised to make significant strides in enabling insurers and brokers to better navigate the complexities of risk management in today's fast-paced environment.