Chisel AI

Purpose-built AI solutions for commercial insurance

General Information
Company Name
Chisel AI
Founded Year
2015
Location (Offices)
Toronto, Canada +1
Founders / Decision Makers
Number of Employees
1
Industries
AI, Information Technology, Insurtech +1
Funding Stage
Seed
Social Media

Chisel AI - Company Profile

Chisel AI offers purpose-built AI solutions for commercial insurance, reading unstructured insurance data hundreds of times faster than humans. The platform automatically recognizes over 500 insurance-specific data points and automates processes including policy checking, quote comparison, and submission intake. Chisel AI aims to digitally transform routine underwriting and brokering activities, enabling commercial insurance carriers and brokers to double their business and enhance customer experience without increasing staff. Founded in 2015 in Canada, the company secured a Seed Round investment on 01 August 2017 from 500 Startups, s28 Capital, Venrock, and Globalive. Notably, it has earned a place on the 2020 InsurTech100, and won Gold at the 2019 Zurich Innovation World Championship and the ACORD InsurTech Innovation Challenge in 2018. For more information, visit Chisel.Ai.

Taxonomy: InsurTech, Data Extraction, NLP, Underwriting, Commercial Insurance, Insurance Software, Property & Casualty, Claims Triage, Reinsurance, Unstructured Data

Funding Rounds & Investors of Chisel AI (5)

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Funding Stage Amount No. Investors Investors Date
Seed Round Unknown 4 01 Aug 2017
Non Equity Assistance Unknown 1 12 Oct 2016
Grant $25.00K 2 21 Jul 2016
Seed Round Unknown 2 500 Startups Canada 01 Jun 2016
Pre Seed Round Unknown 1 01 Jan 2016

Latest News of Chisel AI

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No recent news or press coverage available for Chisel AI.

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