Tech Company Financing Transactions
Akur8 Funding Round
One Peak Partners, Guidewire and Partners Group participated in a $120 million Series C capital raise for Akur8. The round was announced on 9/16/2024.
Transaction Overview
Company Name
Announced On
9/16/2024
Transaction Type
Venture Equity
Amount
$120,000,000
Round
Series C
Investors
Proceeds Purpose
The company intends to use the funds to: Accelerate product innovation with two new modules: Optim, which enables insurers to determine the optimal insurance pricing strategy to meet their business objective, and Deploy, its new rating engine, enabling pricing teams to bring their rates into production. Drive growth by leveraging its recent acquisition of Arius to enter the insurance reserving sector, and Accelerate global expansion.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
26-28 rue de Londres
Paris, 75009
France
Paris, 75009
France
Phone
Undisclosed
Website
Email Address
Overview
Our vision: We transform insurance pricing and reserving with transparent Machine Learning. Our mission: We empower actuarial, pricing and reserving experts to make better decisions, faster. Our ambition: We are committed to defining excellence in insurance pricing and reserving globally.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Samuel Falmagne
Chief Operating Officer
Brune de Linares
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