Datrics
Datrics is an enterprise AI decision engine for claims processing and regulated operations across healthcare, insurance, and public-sector workflows. It combines deterministic rules, machine learning, and large language models in an API-first architecture with explainable decisions and full audit trails.
- Company typePrivate
- Founded2021
- HeadquartersMiddletown, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Datrics does
Datrics is an enterprise AI decision engine provider focused on claims processing and regulated operations across healthcare, insurance, and public-sector workflows. Founded in 2020-2021, the company is incorporated in Delaware as Datrics, Inc., with operational roots in Ukraine, and is headquartered in Middletown, USA. The platform combines deterministic rules, machine learning, and large language models in a modular workflow engine, delivered API-first and designed to be embedded into existing ERP, claims, and enterprise data systems rather than replace them. Notable production outcomes reported include 90%+ claims auto-validation, 9x processing capacity without proportional headcount growth, 99.9% assessment accuracy, 95% faster data onboarding (3-5 months to under 1 week), and <12 weeks to production deployment in a major international public-sector institution supporting 30,000+ recorded claims.
Datrics firmographics
Firmographics- Name
- Datrics
- Legal name
- Datrics, Inc.
- Website
- https://datrics.ai
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Datrics is an enterprise AI decision engine for claims processing and regulated operations across healthcare, insurance, and public-sector workflows. It combines deterministic rules, machine learning, and large language models in an API-first architecture with explainable decisions and full audit trails.
- Ownership category
- akta.pro rank
Datrics industry classification
Industry- Product category
- AI Decision Automation Software
- NAICS
- Computer Systems Design and Related Services (54151), Computer Systems Design Services (541512), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Business Rules & Decision Management Platforms (BRMS/DMN) (HDAEAKAG)
- akta.pro secondary industry
- Intelligent Document Processing (IDP) & OCR Automation (HDAEAHAC)
Keywords
Where Datrics is headquartered
LocationHeadquarters
- HQ city
- Middletown
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Datrics business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Subscription SaaS: Enterprise platform deployed as SaaS, private cloud, or on-premise. Parts of the service are billed on a subscription basis with recurring periodic billing. Supports annual and multi-year contract structures.
- Enterprise Pilot Program: Offers paid enterprise pilots (4-8 weeks from scope to production) as a clear pilot-to-production path for enterprise customers.
- Outcome-Based Pricing (Inferred): Platform designed for outcome-driven deployment with automation metrics (e.g., claims auto-validation rates) suggesting potential performance-based pricing models.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Free Trial |
| Subscription | Annual | Subscription Plans |
| Subscription | Multi-year contract | Enterprise Pilot |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels4 records
Datrics product offering
Product offeringCore offering
Datrics provides an enterprise-grade AI Decision Engine that combines deterministic rules, machine learning, and large language models in a modular workflow architecture to automate claims processing and regulated operations. The platform is API-first and embedded inside existing ERP, claims, and enterprise data systems, serving healthcare, insurance, and public-sector organizations from intake through adjudication with explainable decisions, audit trails, and human-in-the-loop governance.
Product overview
Datrics is an enterprise-grade AI Decision Engine for claims processing and regulated operations. The core platform combines deterministic rules, machine learning, and large language models in a modular workflow engine. The portfolio includes the core Datrics AI Decision Engine, Claims Automation Module (with benefit code automation, post-adjudication audit, and medical document extraction), Compliance Validation Module (regulatory compliance and explainable scoring), Enterprise Analytics Module (real-time dashboards and QA monitoring), Fraud Detection Module (claim integrity scoring), and Human-in-the-Loop Governance for configurable review workflows. The platform is API-first, cloud-native, and deployable as SaaS, private cloud, or on-premise.
Differentiator
Problem solved
Functional benefit
Products and services
- Datrics AI Decision Engine Enterprise-grade AI Decision Engine for claims processing and regulated operations, combining deterministic rules, machine learning, and large language models in a modular workflow engine. Powers healthcare, insurance, and public-sector workflows from intake to adjudication with explainable decisions, human-readable rationales, and immutable audit trails. Built for embedding inside ERP, claims, and enterprise data platforms via secure REST APIs.
- Claims Automation Module Automated ingestion, validation, and assessment of claims including benefit code automation, post-adjudication audit, and medical document extraction. Achieves 90%+ auto-validation in production public-sector deployments.
- Compliance Validation Module Regulatory compliance validation and explainable decision scoring for multi-jurisdiction regulated environments. Supports GDPR-ready and HIPAA-aligned frameworks with SOC 2 on the roadmap.
- Enterprise Analytics Module Real-time analytics dashboards and continuous QA monitoring for enterprise operations, built on a multi-tenant architecture for serving multiple clients or departments.
- Medical Document Extraction AI-powered extraction and structured data pipelines for medical records, contracts, and supporting documents, with normalization capabilities for downstream decisioning.
- Fraud Detection Module Logarithmic methodology for scoring and claim integrity assessment achieving high accuracy in fraud detection for public-sector claims processing.
- Human-in-the-Loop Governance Configurable review and approval workflows for high-stakes decisions, triggering manual review based on factors like humanitarian impact in claims processing.
Quantifiable outcome
- 90%+ claims auto-validation rate in production public-sector deployment
- +6 more outcomes
Companies that use Datrics
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles3 records
Datrics technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability9 records
Feature9 records
Datrics partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and flagship.
- NEAR ProtocolcoreNEAR Protocol serves as a strategic infrastructure partner, providing a secure AI cloud option for sovereign private cloud deployment. NEAR Protocol's blockchain infrastructure enables data residency control and sovereign deployment options for regulated enterprises requiring private cloud environments.
- Sigma SoftwarecoreSigma Software is a global IT services company providing delivery and engineering support for enterprise deployments. As a strategic delivery partner, Sigma Software enables rapid, compliant deployment across regions and sectors with engineering expertise.
- European Commission (RD4U)flagshipThe European Commission's RD4U initiative is listed as an institutional and enterprise deployment partner. This represents a high-visibility reference customer and strategic relationship for European public-sector deployments.
Scale indicators9 records
Recent moves6 records
Expansion highlights6 records
Datrics competitors and assessment
Company assessmentEmerging players
- Camunda: Open-source workflow and decision automation platform with growing BPMN/DMN adoption in regulated enterprises. Comparable to Datrics' modular decision engine architecture and developer-led integration model.
Direct peers
- Appian: Business process management and decision management platform with low-code workflow capabilities. Closely comparable to Datrics' modular decision engine combining rules, AI, and audit trails for regulated enterprise workflows including claims and insurance.
- WorkFusion: AI-native automation platform purpose-built for financial crime, compliance, and regulated operations including claims. Overlaps with Datrics' fraud detection, compliance validation, and explainable decisioning capabilities in banking and insurance.
- Pegasystems: Pega provides BPM, case management, and real-time decisioning for insurance, healthcare, and public sector — the same verticals Datrics targets with its explainable decision engine and audit-ledger approach.
- Hyperscience: Intelligent document processing and automation platform focused on insurance, financial services, and public sector — closely matching Datrics' medical document extraction, claims automation, and auditability positioning.
- Indico Data: Document AI platform purpose-built for insurance underwriting and claims. Comparable to Datrics' no-code document extraction and explainable decisioning for regulated insurance workflows.
Broad incumbents
- Automation Anywhere: Large incumbent in intelligent automation combining RPA, AI, and process orchestration. Overlaps with Datrics in automating regulated enterprise decisioning and document-driven workflows, particularly in healthcare and insurance.
- Celonis: Process mining and execution management leader that converges AI-driven process intelligence with workflow automation. Comparable in addressing regulated enterprise decision automation, though anchored in mining versus claims adjudication.
- ABBYY: Intelligent document processing and OCR vendor serving enterprise claims, banking, and public-sector workflows. Adjacent to Datrics' IDP and claims automation modules with broader legacy document-capture footprint.
- UiPath: Large incumbent in robotic process automation and AI-powered process automation. Overlaps with Datrics in automating enterprise decisioning and document-heavy claims workflows, but operates at vastly broader scope and scale across all industries.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Datrics social profiles
Digital presenceDatrics compliance and trust
Trust signalCompliance3 records
Datrics financial estimates
Financial estimateRevenue estimate
Valuation estimate
Datrics leadership team
Management profileNumber of profiles
Profiles5 records
Datrics funding detail
Funding detailFunding overview
Funding rounds3 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Datrics M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Datrics
What does Datrics do?
Datrics provides an enterprise-grade AI Decision Engine that combines deterministic rules, machine learning, and large language models in a modular workflow architecture to automate claims processing and regulated operations. The platform is API-first and embedded inside existing ERP, claims, and enterprise data systems, serving healthcare, insurance, and public-sector organizations from intake through adjudication with explainable decisions, audit trails, and human-in-the-loop governance.
Is Datrics a public or private company?
Datrics is a private company. It is classified as venture growth investor backed and is currently operating.
When was Datrics founded?
Datrics was founded in 2021. It employs 11 to 50 people.
Where is Datrics based?
Datrics is headquartered in Middletown, United States, in the North America region.
How does Datrics make money?
Three revenue lines are on record. Subscription SaaS are the primary driver. The others are enterprise Pilot Program and outcome-Based Pricing (Inferred).
Who are Datrics's main competitors?
Camunda is listed as an emerging player. Direct peers are Appian, WorkFusion, Pegasystems, Hyperscience and Indico Data. Broad incumbents are Automation Anywhere, Celonis, ABBYY and UiPath.
Does Datrics have an API?
Yes. Every capability is exposed via secure, versioned REST APIs. The platform is API-first by design, enabling seamless orchestration and integration into enterprise workflows. Supports secure ingestion pipelines for claims, documents, records, and supporting materials. REST API for all decision engine capabilities.
What industry is Datrics in?
Datrics's product category is AI Decision Automation Software. Its primary akta.pro industry code is HDAEAKAG, Business Rules & Decision Management Platforms (BRMS/DMN), with a secondary code of HDAEAHAC, Intelligent Document Processing (IDP) & OCR Automation. Its NAICS code is 54151 and its SIC code is 7370.