Artificial Labs
Financials
Estimates*
USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Revenues | 2.4m | 3.1m | 3.3m | 3.3m | 3.3m | 3.8m |
% growth | - | 29 % | 6 % | - | - | 15 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | £1.0m | Seed | |
N/A | £1.0m | Convertible | |
$2.9m | Seed | ||
N/A | N/A | - | |
* | $11.6m | Series A | |
* | $10.1m | Series A | |
Total Funding | AUD42.0m |
Related Content
Recent News about Artificial Labs
EditArtificial.io is a leading insurtech company that leverages advanced cloud-based tools and machine learning techniques to enhance the efficiency and profitability of commercial insurers and brokers. The company operates in the commercial insurance market, providing solutions that automate manual tasks, improve risk assessment, and facilitate faster and more efficient placement of commercial and specialty risks. Artificial.io's core products include a powerful Contract Builder and an Underwriting Platform, which streamline data entry and ensure compliance with digital contracts. The business model revolves around partnering with global insurers and brokers, offering them cutting-edge technology to gain more control over their data and improve performance. Revenue is generated through subscription fees and service charges for the use of their platforms. The company serves a diverse range of clients within the insurance industry, including large insurance firms and specialized brokers.
Keywords: Insurtech, Machine Learning, Cloud-based Tools, Risk Assessment, Contract Builder, Underwriting Platform, Data Automation, Commercial Insurance, Specialty Risk, Compliance.