Akur8
Founded Year
2018Stage
Series C | AliveTotal Raised
$186.28MLast Raised
$120M | 9 days agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-1 points in the past 30 days
About Akur8
Akur8 leverages machine learning and predictive analytics to improve insurance pricing processes in the insurance industry. It offers a solution that automates the generation of insurance pricing models, enabling insurers to make more accurate predictions and pricing decisions faster and more efficiently. The company was founded in 2018 and is based in Paris, France.
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Akur8's Product Videos
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ESPs containing Akur8
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The insurance pricing software market offers solutions that help insurance companies determine the appropriate premium rates for their policies. These solutions use advanced algorithms and data analytics techniques to analyze various factors such as risk, claims history, demographics, and other relevant information. The goal is to provide accurate pricing recommendations that balance profitability…
Akur8 named as Leader among 9 other companies, including Earnix, Federato, and Hyperexponential.
Akur8's Products & Differentiators
RISK
Generate, select and adjust models to build pure premiums harnessing the power of machine learning
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Research containing Akur8
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Akur8 in 5 CB Insights research briefs, most recently on Aug 28, 2024.
Aug 28, 2024 report
Insurtech 50: The most promising insurtech startups of 2024
Expert Collections containing Akur8
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Akur8 is included in 8 Expert Collections, including Insurtech.
Insurtech
4,354 items
Companies and startups that use technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience
Artificial Intelligence
14,767 items
Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.
Fintech
13,396 items
Excludes US-based companies
AI 100
100 items
Winners of CB Insights' 5th annual AI 100, a list of the 100 most promising private AI companies in the world.
Insurtech 50
150 items
Report: https://app.cbinsights.com/research/report/top-insurtech-startups-2022/
Fintech 100
100 items
Akur8 Patents
Akur8 has filed 1 patent.
The 3 most popular patent topics include:
- bioinformatics
- biological databases
- genetics
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
11/30/2020 | Biological databases, Bioinformatics, Genetics, Regression analysis, Geographic information systems | Application |
Application Date | 11/30/2020 |
|---|---|
Grant Date | |
Title | |
Related Topics | Biological databases, Bioinformatics, Genetics, Regression analysis, Geographic information systems |
Status | Application |
Latest Akur8 News
Sep 24, 2024
French insurtech Akur8 has raised US$120mn in a Series C funding round, bringing its total investment to US$180mn and valuation to US$400mn
Akur8 Frequently Asked Questions (FAQ)
When was Akur8 founded?
Akur8 was founded in 2018.
Where is Akur8's headquarters?
Akur8's headquarters is located at 26-28 rue de Londres, Paris.
What is Akur8's latest funding round?
Akur8's latest funding round is Series C.
How much did Akur8 raise?
Akur8 raised a total of $186.28M.
Who are the investors of Akur8?
Investors of Akur8 include Guidewire Software, Partners Group, One Peak Partners, BlackFin Capital Partners, FinTLV and 7 more.
Who are Akur8's competitors?
Competitors of Akur8 include Earnix and 8 more.
What products does Akur8 offer?
Akur8's products include RISK and 2 more.
Who are Akur8's customers?
Customers of Akur8 include Generali, Tokio Marine and MS&AD.
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Compare Akur8 to Competitors
Swallow is a modern pricing platform focused on the insurance industry. The company offers a no-code platform that enables pricing teams to manage, build, test, and deploy their pricing models efficiently. Swallow primarily serves the insurance industry, providing tools to accelerate the launch of insurance products. It was founded in 2022 and is based in London, England.
Insurity offers flexible technology solutions to the property and casualty insurance industries. It includes policy, billing, and claims solutions, data analytics, predictive tools, and digital enablement. The company was founded in 1985 and is based in Hartford, Connecticut.
Atidot specializes in integrating artificial intelligence into life insurance. The company offers a cloud-based platform that uses predictive analytics to generate insights, helping insurers identify untapped opportunities and grow their customer's lifetime value. It primarily serves the life insurance industry. It was founded in 2016 and is based in Palo Alto, California.
Squark is a company that focuses on providing automated AI solutions for revenue operations, operating within the technology and software as a service (SaaS) industry. The company offers a no-code AI platform that enables data-literate business users to generate insights from their data, prioritize decisions, and take informed actions. Squark primarily serves sectors such as media and entertainment, gaming and casinos, SaaS, and healthcare marketing. It was founded in 2019 and is based in Burlington, Massachusetts.
Stradigi AI is a company that focuses on providing artificial intelligence solutions in the technology sector. The company offers a business platform, Kepler, which uses automated data science workflows to enable organizations to implement AI and machine learning projects quickly and efficiently. The platform is designed to extract key insights from data, improving customer experience, revenue growth, and efficiency. It was founded in 2014 and is based in Montreal, Quebec.
Earnix provides predictive analytics solutions for the financial services industry. It focuses on strategies, processes, and an evolving ecosystem of technologies to help insurers and banks operate. It helps in business operations, pricing and rating, customer engagement, product personalization, and more. It serves the telematics, health, and insurance industries. The company was founded in 2001 and is based in Ramat Gan, Israel.
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