Paris-based Qantev builds AI software that automates and augments claims handling for health and life insurance providers. Its models assess medical necessity, check pricing and coding accuracy, flag fraud, waste and abuse, and route complex cases to human medical staff, collapsing claim turnaround from days to minutes. Crucially, Qantev emphasizes a collection of smaller, specialized AI models trained on historical claims data rather than large language models, arguing that healthcare decisions cannot tolerate hallucinations. The platform powers claims for insurers across 12 countries, including marquee names such as AXA, Generali and FWD. In October 2024 Qantev raised a 30M euro Series B led by Blossom Capital, bringing total funding above 40M euros, to expand internationally and deepen its product for medical claims automation, provider network optimization and fraud analytics.