Gradient AI

AI underwriting + claims solutions that power a better return on risk for Group Health, Work Comp and other P&C insurers

General Information
Company Name
Gradient AI
Founded Year
2018
Location (Offices)
Boston, United States +1
Founders / Decision Makers
Number of Employees
106
Industries
AI, Insurance, Insurtech +1
Funding Stage
Series C
Social Media

Gradient AI - Company Profile

**Gradient AI** is a leading provider of proven artificial intelligence (AI) solutions for the insurance industry. Their AI underwriting and claims solutions aim to improve loss ratios and profitability for Group Health, Work Comp, and other P&C insurers. The company's software-as-a-service (SaaS) platform leverages a vast industry data lake comprising tens of millions of policies and claims, incorporating various features such as economic, health, geographic, and demographic information. **Gradient AI**, founded in **2012** and headquartered in the **United States**, received a significant **$20.00M Series B investment** on **April 14, 2021**, with investors including **MassMutual Ventures**, **American Family Ventures**, **Forté Ventures**, **Sandbox Insurtech Ventures**, **Stone Point Capital**, and **BSC Capital**. The company's clientele includes prominent insurance carriers, MGAs, MGUs, TPAs, risk pools, PEOs, and large self-insured employers across all major lines of insurance, demonstrating their wide industry reach. Their focus on delivering measurable results for underwriting and claims operations positions them as a key player in the **Health Care, Insurance, and Insurtech** industries. With accolades such as being chosen as a "Best Place to Work in Boston," **Gradient AI** showcases its dedication to innovation and industry leadership. [Source](https://www.builtinboston.com/company/)

Taxonomy: AI underwriting, claims solutions, insurance industry, risk prediction, underwriting automation, claim cost reduction, insurance technology, operational efficiency, data science, insurtech, commercial insurance

Funding Rounds & Investors of Gradient AI (5)

View All
Funding Stage Amount No. Investors Investors Date
Series C $56.10M 4 30 Jul 2024
Venture Round $36.13M - 08 Jul 2024
Series B $20.00M 6 BSC Capital 14 Apr 2021
Series A $6.00M - 04 Oct 2019
Venture Round $4.95M - 07 Jan 2019

Latest News of Gradient AI

View All

No recent news or press coverage available for Gradient AI.

Similar Companies to Gradient AI

View All
Wellington Insurance Group - Similar company to Gradient AI
Wellington Insurance Group Our products offer security, and our services offer peace of mind.
INFORCE - Similar company to Gradient AI
INFORCE More than a technology consulting firm, we are a go-to IT partner for P&C insurance companies and YOUR fiercest ally.