MarvelX raises $6 million

Amsterdam-based AI startup MarvelX AI has secured $6 million in seed funding led by EQT Ventures, with participation from angel investors affiliated with DeepMind, Plaid, Elastic, Coinbase, Partior, and Microsoft.

Founded in 2025 by data scientist Ali el Hassouni, MarvelX aims to address inefficiencies in insurance back-office operations.

The company is launching ClaimOS MaX, a platform designed to automate insurance operations, starting with claims processing. The system integrates with existing IT infrastructure to streamline workflows and reduce manual tasks. Companjon , a European embedded insurance provider, is among the early adopters.

“MarvelX is building a next-generation vertical AI company in one of the most operationally complex and underserved industries. Their team combines deep AI expertise with real understanding of the regulatory and data challenges insurers, banks and wealth managers face every day. We’re proud to partner with them to help transform this space.” – Tom Mendoza, Partner at EQT Ventures.

“At MarvelX, we are building the infrastructure required to make AI truly operational. Our platform orchestrates intelligent agents that integrate with existing systems, follow domain-specific logic, and adapt to evolving rules. The result is a transition from repetitive, manual work to reliable, intelligent operations that scale.”