ThingsHappen Raises $2M to Transform Insurance with AI

Şahin Utar, ThingsHappen Co-Founder

ThingsHappen, an insurTech startup that consolidates and personalizes the consumer insurance experience with artificial intelligence, has raised $2 million in an investment round led by the ŞirketOrtağım Angel Investor Network. Eczacıbaşı Yapı Gereçleri CEO Hasan Pehlivan will serve as the Lead Investor on behalf of the ŞirketOrtağım Angel Investor Network.

Founded in September 2024 as a venture within the Bilişim Vadisi İzmir Technology Base, ThingsHappen consolidates scattered and complex policies, transforming them into a user-friendly and proactive AI agent. This allows consumers to manage their policies, easily access their benefits and services, while simplifying all interactions with the insurance ecosystem and increasing economic benefits.

Insurance providers using ThingsHappen technology differentiate themselves by achieving long-term commercial value through the rapid scalability, market growth, strong customer interaction, and increased satisfaction offered by consolidated policies.

Şahin Utar, Founder of ThingsHappen, commented on the investment: "This investment will bring to life our claim that an end-to-end ecosystem designed with this principle in mind, prioritizing consumer needs, economic benefits, and comfort, will also increase the insurer's commercial success. We aim to expand the transformation we've initiated in Turkey to a global scale through partnerships and white-label models."

Hasan Pehlivan stated, "I consider the 'policy understands me' paradigm in insurance to be one of the most significant revolutions of vertical AI. ThingsHappen transforms this approach into a personalized, intelligent broker experience that asks about my experiences, quickly initiates the compensation process, evaluates the most suitable policy for me, and manages my risks."

Source: Webrazzi