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Gradient AI provides award-winning artificial intelligence (AI) solutions for the insurance industry. Its solutions improve loss ratios and profitability by predicting underwriting and claim risks with greater accuracy, as well as reducing quote turnaround times and claim expenses through intelligent automation. Unlike other AI solutions that use a limited claims and underwriting dataset, Gradient's SaaS platform leverages a vast industry data lake comprising tens of millions of policies and claims. It also incorporates key features including economic, health, geographic, and demographic information. Customers include some of the most recognized insurance carriers, MGAs, MGUs, TPAs, risk pools, PEOs, and large self-insured employers across all major lines of insurance. By using Gradient AI's solutions, insurers of all types achieve a better return on risk. We are proud to have been recognized by Built In five years in a row, including two categories in 2025––Best Place to Work in Boston and Best Midsize Places to Work in Boston! Check out our page here: https://www.builtinboston.com/company/ Gradient AI was founded in to address the need for state-of-the-art AI and Machine Learning (ML) solutions for the trillion-dollar insurance industry. Our software-as-a-service platform uses AI to help commercial insurers automate and improve underwriting results, reduce claim costs, and improve operational efficiencies. Our software and models are utilized by many of the world’s most recognized Insurance Carriers, MGAs, TPAs, Pools, PEOs and more. Our team of expert Data Scientists and Insurance Technology experts have an exceptional history of building wildly successful insurance technology companies, with the most satisfied customers in the industry. At GradientAI we focus exclusively on delivering measurable results for your underwriting and claims operations.
  • Risk Assessment
  • +1
Boston (United States)201251 - 200$123.18MDebt Financing, March 3, 2026
1 year ago
Sapiens is a global leader in intelligent insurance software solutions. With our robust platform, customer-driven partnerships, and rich ecosystem, insurers are empowered to future-proof their organizations with operational excellence in a rapidly changing marketplace. We help insurers harness the power of AI and advanced automation to support core solutions for property and casualty, workers’ compensation, and life insurance, including reinsurance, financial & compliance, data & analytics, digital, and decision management. Sapiens boasts a longtime global presence, serving over 600 customers in more than 30 countries with its innovative SaaS offerings. Recognized by industry experts and selected for the Microsoft Top 100 Partner program, Sapiens is committed to partnering with our customers for their entire transformation journey and is continuously innovating to ensure their success.
  • Risk Assessment
Holon (Israel)19825001 - 10000$88.32MAcquired, August 2025
1 year ago
About Shift Technology Shift Technology is the trusted AI partner to the world’s leading insurers. The company’s innovative and explainable AI solutions help insurers reduce fraud and risk, streamline claims processes, and enhance customer experiences. By combining deep insurance expertise with cutting-edge technology, Shift delivers significant business impact and ROI.
  • Risk Assessment
  • +2
Paris (France)2013501 - 1000$319.99MSeries D, November 2, 2021
1 year ago
FRISS’s Trust Automation Platform provides real-time, data-driven scores and insights that give instant confidence and understanding of the inherent risks of all customers and interactions. Based on next-generation AI insurance technology, Trust Automation allows you to confidently manage trust throughout the insurance value chain – from the first quote all the way through claims and investigations when needed. Enable straight-through processing, automatically flag high risks and increase customer satisfaction. The real time FRISS Score is the core of our solutions and indicates the risk for each policy or claim. The AI-powered score combines Text Mining, Machine Learning, Predictive Models and Network Analysis with Expert Business Knowledge out of 15+ years of insurance experience, your specific business configuration, proprietary data and external data sources. It provides you a white box, holistic view on fraud and risks, which delivers you actionable insights so you stay in control.
  • Fraud Detection
Utrecht (Netherlands)200651 - 200$88.55MSeries B, $6.00M, November 2, 2021
1 year ago
Founded in 2012, H2O.ai is on a mission to democratize AI. As the world’s leading agentic AI company, H2O.ai converges Generative and Predictive AI to help enterprises and public sector agencies develop purpose-built GenAI applications on their private data. With a focus on Sovereign AI—secure, compliant, and infrastructure-flexible deployments—H2O.ai delivers solutions that align with the highest standards of data privacy and control. Its open-source technology is trusted by over 20,000 organizations worldwide, including more than half of the Fortune 500. H2O.ai powers AI transformation for companies like AT&T, Commonwealth Bank of Australia, Singtel, Chipotle, Workday, Progressive Insurance, and NIH. H2O.ai partners include Dell Technologies, Deloitte, Ernst & Young (EY), NVIDIA, Snowflake, AWS, Google Cloud Platform (GCP) and VAST. H2O.ai’s AI for Good program supports nonprofit groups, foundations, and communities in advancing education, healthcare, and environmental conservation. With a vibrant community of 2 million data scientists worldwide, H2O.ai aims to co-create valuable AI applications for all users. H2O.ai has raised $256 million from investors, including Commonwealth Bank, NVIDIA, Goldman Sachs, Wells Fargo, Capital One, Nexus Ventures and New York Life. Join us on the movement at www.h2o.ai.
  • Fraud Detection
Mountain View (United States)2012201 - 500$251.10MSecondary Market, May 12, 2023
1 year ago
  • Customer Segmentation
India201 - 500NA
1 year ago
Our AI-first solutions bring the latest computer vision research and machine learning techniques to visual assessment. Using customer images, our AI products started enabling fast, accurate damage appraisal to help make recovery from accidents up to ten times faster. We’re now applying our award-winning AI to accelerate other processes involving visual inspection and appraisal. From salvaging car parts to property assessment, we’re on a mission to transform the way people live and work across whole industries. With AI on our side, we can free employee time for more valuable tasks, improve customer experiences, accelerate repairs and increase recycling – better for all of us, and the planet. Founded in 2014, Tractable has a world-class research and development team with over 30 years of combined research experience, and its solution is built on five years of dedicated research and development work undertaken by a team of Oxford/Cambridge-trained researchers. Tractable has raised $115m from Georgian Partners, Insight Partners and other top-tier investors. It achieved Unicorn status in 2021, is based in London, with other locations across the world.
  • Predictive Analytics
London (United Kingdom)201451 - 200$184.90MSeries E, $65.00M, July 18, 2023
1 year ago
Daisy is an AI software company that delivers explainable Decisions-as-a-Service for retail merchandise planning and insurance risk management. Daisy’s unique autonomous (no code, no infrastructure, no data scientists, no bias) AI system elevates your employees, enabling them to focus on delivering your mission, servicing your customers, and creating shareholder value. In retail, the Daisy system will deliver promotional item selection, dynamic price optimization for regular and promotional prices, improved demand forecasting and inventory allocation, and optimized assortment plans. For our insurance clients, the Daisy system detects and avoids fraudulent claims while enabling claims automation, minimizing human intervention in claims processing. Daisy’s solutions deliver verifiable financial results with a minimum net income return on investment of 10X.
  • Predictive Analytics
  • +1
Toronto (Canada)200311 - 50$13.52MSeries A, $7.54M, September 20, 2019
1 year ago
Milliman research, products, and services on the U.S. supplemental insurance market.
  • Predictive Analytics
Seattle (United States)19471001 - 5000NA
1 year ago
  • Predictive Analytics
United States11 - 50NA
1 year ago
Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. More than 570 insurers in 43 countries, from new ventures to the largest and most complex in the world, rely on Guidewire products. With core systems leveraging data and analytics, digital, and artificial intelligence, Guidewire defines cloud platform excellence for P&C insurers. We are proud of our unparalleled implementation record, with 1,700+ successful projects supported by the industry’s largest R&D team and SI partner ecosystem. Our marketplace represents the largest partner community in P&C, where customers can access hundreds of applications to accelerate integration, localization, and innovation. For more information, please visit https://www.guidewire.com/.
  • Predictive Analytics
San Mateo (United States)20011001 - 5000$624.75MIPO, $115.05M, January 25, 2012
1 year ago
Verisk provides expert data-driven analytic insights that help business, people, and societies become stronger, more resilient, and sustainable.
  • Predictive Analytics
Jersey City (United States)19715001 - 10000$2.40BIPO, $1.88B, October 7, 2009
1 year ago
Kirontech is a software solutions provider, targeting Fraud, Waste and Abuse in healthcare insurance. As nearly half a trillion dollars are lost through inefficiencies and fraud every year, tackling these fundamental challenges has a major impact not just on the industry, but socially and economically across the world. Working with extensive medical claims data, and using machine learning AI, the Kirontech solution is game-changing. Our software platform is built from the ground up to absorb, process and protect sensitive healthcare data. Our infrastructure and solutions scale with the demands of insurers, third party administrators and reinsurers, to eliminate inefficiencies, refine claim management, and ultimately to help deliver a better standard of care to each patient.
  • Fraud Detection
Cambridge (United Kingdom)201751 - 200$3.50MSeries A, January 31, 2023
1 year ago
AI Insurance builds an insurance management platform specifically for new programs, MGAs, and Captives. By introducing AI workflows and predictive analytics into the 300-year-old insurance space, AI Insurance is letting companies automate their applications, underwriting, and claims processes.
  • Predictive Analytics
San Francisco (United States)201811 - 50$4.95MSeed, $3.80M, March 1, 2022
1 year ago
Quantemplate is the AI-powered data network. It automatically translates, validates and enriches business-critical data so it is instantly understood by every enterprise you connect with. In the insurance space, Quantemplate has automated dataflows for companies large and small – from Axa XL, to James River, to challenger MGAs such as Convergence. Solutions we've implemented include Bordereaux Management, MGA Reporting, Exposure Management, Fleet Auto, and Aggregation and Clash detection.
  • Predictive Analytics
London (United Kingdom)20131 - 10$25.69MSeries B, $12.00M, October 16, 2019
1 year ago
Insurance fraud is a massive issue, costing ~$80billion each year in the USA alone. This gets passed on to customers as higher premiums, in turn meaning that billions of the most vulnerable people worldwide cannot afford the protections they provide whilst everyone gets worse service and value due to the required checks. BlockFrauds helps insurers detect fraud more effectively, efficiently and compliantly, using cutting edge technologies including AI and our proprietary algorithms. Our advanced speech analytics can detect known fraudsters and fraudster characteristics, while our advanced image analytics can tell if an image has been used elsewhere and undertake identity matching. This helps detect potential frauds at the local level, and the processing anonymises the data so this speech and image intelligence can be shared, seamlessly and compliantly. We use a private, permissioned blockchain to share, which acts like a Fraud Bureau. This further helps detect known frausters and multiple claims, whilst the AI learns from the wider intelligence and evolves along with the fraudsters. Our technology works for both automated processes and personal interactions. It can be accessed directly, or as a plug-in, or via other platforms. Do get in touch if you'd like to learn more, and join our fight against fraud!
  • Fraud Detection
London (United Kingdom)20191 - 10$63.90KSeed, May 9, 2022
1 year ago
Stratyfy's AI optimizes high-stakes decisions with precision and transparency. Leading financial institutions trust Stratyfy to accelerate data-driven growth and efficiency in credit risk, fraud, and compliance.
  • Fraud Detection
New York (United States)201711 - 50$11.84MGrant, February 27, 2024
1 year ago
FraudKeeper is a digital platform based on automation and machine learning that allows detecting, preventing, mitigating and managing fraudulent transactions in the underwritting and claims processes.
  • Fraud Detection
Rosario (Argentina)201911 - 50NA
1 year ago
As a not-for-profit organization, Équité Association supports Canadian insurers to fight fraud by using advanced analytics, intelligence best practices, and coordinated investigations. We are proudly industry-founded and member-driven: our members are invested in protecting their customers and keeping crime out of Canada. In February 2020, the advisory group comprised of members from across the property & casualty industry proposed a plan for a single anti-fraud entity, consolidating anti-fraud services and creating a collaboration framework for the industry. Combining expert investigative services and advanced analytics, Équité provides the industry with a unified organization, delivering improved service and fraud analytics for vehicle and cargo recovery. Leveraging existing relationships with law enforcement, committees, and industry organizations, Équité Association delivers value to its members and Canadians by working to eradicate insurance fraud and crime.
  • Fraud Detection
Toronto (Canada)202111 - 50NA
1 year ago
Qantev enhances the performance of health and life insurers around the globe, helping them reduce losses, optimize their processes, and increase client satisfaction. By blending artificial intelligence with medical expertise, our team of specialized data scientists and engineers has built innovative solutions that boosts the claims management process and uncover instances of fraud, waste, and abuse.
  • Fraud Detection
Paris (France)201951 - 200$45.18MSeries B, $33.51M, September 27, 2024
1 year ago
Sprout.ai is a global InsurTech leader transforming insurance through AI-powered automation. Our mission is simple – to make every interaction between insurers and policyholders fast, fair, and accurate. Built for insurance, trained in insurance, and trusted by insurers, Sprout.ai delivers the intelligence layer that powers smarter claims and underwriting decisions. Our platform enriches every workflow with advanced AI and real-time, data-driven intelligence. We partner with leading insurers, MGAs, and TPAs in the UK, Europe, North America, Latin America and Japan – including AXA, MetLife, AdvanceCare, and Lloyd’s Banking Group – to drive efficiency, strengthen compliance, and elevate customer experience. What sets us apart? ⚡ Deep insurance domain expertise ⚡ Enterprise-grade AI built for complex claims & underwriting ⚡ Rapid deployment and modular scalability ⚡ Seamless integration – no rip-and-replace required Recognized globally for innovation, Sprout.ai helps insurers achieve sustainable growth, resilience, and reputation. We’re enabling billions of safe, explainable decisions for the world’s largest insurance brands.
  • Fraud Detection
London (United Kingdom)201851 - 200$21.32MVenture - Series Unknown, $6.56M, October 31, 2023
1 year ago
Alivia Analytics (known as Alivia) provides a revolutionary, AI-powered end-to-end Healthcare Payment Integrity Platform that serves as a single source of truth data and analytics hub for commercial and government health plans, auditors, and fraud investigators. It includes modules for pre-pay accuracy and post-pay FWA detection and recovery (FWA Finder™). Tying it all together is Alivia's Case Manager™ which works seamlessly in our platform or yours to manage healthcare fraud cases. We use our platform to also offer Tech-Enabled Services to support payers with outsourced SIU resources, pre-pay clinical reviews, post-pay recovery audits, and end-stage renal disease (ESRD) premium protection. Our unique expert IT Services help health plan CIOs and VPs modernize outdated claims systems, de-identify and secure PHI, accelerate value-based care strategies, and consolidate data.
  • Fraud Detection
Boston (United States)201411 - 50$280.00KPrivate Equity, October 6, 2022
1 year ago
Using proprietary algorithms and proven AI, Carpe Data harnesses the power of emerging and alternative data for insurance carriers around the globe. Utilizing Carpe Data’s data, insurers gain deeper insight into risks and significantly enhance many aspects of the insurance life cycle, including underwriting, claims, and book assessment.
  • Predictive Analytics
  • +1
Santa Barbara (United States)201651 - 200$46.70MAcquired, April 2022
1 year ago
A Psychometric AI based company
  • Fraud Detection
Frisco (United States)202251 - 200NA
1 year ago
Charlee.ai is the category leader in AI for Insurance. Charlee delivers AI-powered solutions by aggregating and curating proprietary risk insights through its patented claims language intelligence. This drives accurate predictions, solves operational inefficiencies within claims, and closes the gaps with actuaries, brokers, and risk managers. Risk is the core business of insurance, and Charlee provides the intelligence to power it—through prebuilt solutions in predictive analytics, document intelligence, fraud detection leveraging 160+ cognitive fraud patterns, and query intelligence. With these capabilities, carriers, TPAs, and self-insureds can predict litigation, improve reserves, detect fraud, and surface emerging risk trends—transforming how the industry understands and manages risk.
  • Predictive Analytics
  • +1
Pleasanton (United States)201611 - 50Seed, March 25, 2024
1 year ago