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Verdex

AI claim verification for crop insurers using satellite imagery

Claims Technology Startup Seed
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Overview

Verdex is an AI-powered claims verification platform for agricultural insurance carriers. The company uses high-resolution satellite imagery combined with local weather models to assess crop field conditions at a per-field level, enabling insurers to process and settle crop insurance claims in seconds rather than weeks.

The platform replaces manual field adjuster visits with automated digital audits. Verdex ingests satellite data and weather feeds, applies machine learning to evaluate insured crop conditions, and returns a determination that supports immediate claim settlement. The system is delivered as a cloud-based service and is designed to integrate into existing carrier claims workflows.

Verdex was founded in 2025 by two Dartmouth graduates and joined Y Combinator's Winter 2026 batch. The company has onboarded one major US crop insurer covering more than 100 million acres -- approximately 11% of all American farmland. According to the company, the insurance industry spends over USD 5 billion annually on manual claim verification, representing roughly 10% of premium dollars.

Products & Services

Satellite-Based Claim Verification

A cloud platform that assesses insured crop fields using high-resolution satellite imagery and localized weather data. The system determines field-level conditions and claim validity automatically, eliminating the need for field adjuster dispatch.

Key Features

  • Field-level condition assessment via satellite imagery analysis
  • Integration with local weather models for cross-referenced verification
  • Real-time claim determination -- processing in seconds versus weeks
  • Cloud-based delivery with no on-site infrastructure required

Target Users: Crop insurance carriers and their claims operations teams

At a Glance

Founded
2025
Headquarters
San Francisco, California
Employees
1-10
Funding
Seed

Category & Focus

Category
Claims Technology
Subcategories
Claims Automation Remote Sensing Parametric Verification
Insurance Verticals
Specialty/E&S
Target Customers
Carriers

Customers

  • One major US crop insurer (unnamed)

Last updated: 2026-06-06