Insurance Chatbot Startup LeO Raises $1.6 Million

New York-based chatbot startup LeO Chief of Stuff Inc. has raised $1.6 million from private investors, the company announced Monday. Founded in 2017 by Israeli entrepreneurs Enon Landenberg and Liri Halperin, LeO develops a customer service chatbot for the insurance industry using artificial intelligence algorithms. The company intends to use the funds to expand its service to American insurers and grow its team.