Bdeo

Bdeo is a Madrid‑headquartered insurtech founded in 2017 that specialises in visual intelligence and computer‑vision solutions for the insurance sector, particularly motor and home.

Its platform allows policyholders to capture photos and videos via smartphone so insurers can remotely assess damage, verify incidents and estimate repair costs in real time, streamlining both underwriting and claims pricing workflows. Bdeo offers modular SaaS products covering first notice of loss, automated damage detection, cost estimation and remote inspections for auto, home and increasingly fleet use cases. By automating high‑volume, low‑severity claims and parts of the subscription process, Bdeo helps carriers reduce operating costs, shorten handling times from days to minutes, and improve customer experience.

The company works with more than 50 insurers across over 25 countries, with offices in Spain, Mexico, the UK, France, Italy and other European and Latin American markets.

In November 2020, Bdeo raised a €5m Series A. The new funding will be used to help consolidate Bdeo's position in its current markets, and further expand into Europe.

In May 2021 Bdeo launched a new product focused on property insurance claims automation, which aims to reduce the number of people involved in the claims process by half.

In January 2022 CAB Group forged a strategic partnership with Spanish scale-up Bdeo, enabling its Nordic customers to benefit from Bdeo's visual intelligence platform. Policyholders will be able to gather evidence of motor and home insurance claims by uploading images and videos, which are then analysed by Bdeo IV's engine. The collaboration will enable CAB to more efficiently handle the 1M+ claims it receives annually.

During February 2023 announced over half of car insurance policies in Spain are now processed using the company’s automated technology. Recent growth has helped the company to expand its presence to Latin America, Africa and other European countries.

In June 2023 it secured €7.5m in Series B funding. The company is using the fresh funds to strengthen its market position in Europe and Latin America.