Artificial Labs
Building the foundations of modern specialty (re)insurance | We're hiring!
Building the foundations of modern specialty (re)insurance | We're hiring!
Artificial Labs, a United Kingdom-based startup founded in 2013, aims to revolutionize specialty insurance through the implementation of AI, Fintech, Insurance, Insurtech, and Machine Learning technologies. The company's slogan "Building the foundations of modern specialty (re)insurance | We're hiring!" reflects its commitment to innovation and growth.
Artificial Labs' core focus lies in empowering brokers and carriers to transform their placement and underwriting strategies. For brokers, the company offers digitalized placements, optimized capacity management, and cost reduction. Meanwhile, for carriers, it scales underwriting IP to maximize capital deployment in lead and follow models, thus shaping the future of specialty insurance. The company's client portfolio includes global brokers and carriers such as Apollo, BMS, Lockton, Chaucer, and AXIS.
The startup recently secured a significant £8.00M Series A investment on 06 February 2024 from Augmentum Fintech, Force Over Mass, and MS&AD Ventures. This latest investment underscores the market's confidence in Artificial Labs' potential for growth and innovation, positioning the company favorably for further development and industry disruption.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series A | £8.00M | 3 |
|
06 Feb 2024 |
| Series A | £9.50M | 3 |
|
20 Jun 2022 |
| Seed | Unknown | - | 28 Sep 2020 | |
| Seed Round | £2.20M | 2 |
|
10 Apr 2019 |
| Convertible Note | Unknown | - | 28 Feb 2018 |
No recent news or press coverage available for Artificial Labs.
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