2 years ago

Artificial Labs Raises £8M in Series A+ Funding

  • Artificial Labs, a London-based insurtech company, has raised £8 million in Series A+ funding led by Augmentum Fintech, with participation from existing investors MS&AD Ventures and FOMCAP IV

  • The company plans to use the funds for product development and continued expansion.

      • ProblemFinancial Services

      "making insurance more flexible"

      Solution

      "Artificial Labs uses cloud-based tools and machine learning techniques to give commercial insurers and brokers the control of their data. Through its data extraction and transformation techniques, it facilitates fully automated, algorithmic underwriting. Its system allows end-to-end data flows, integrations, policy management and contract builders, all within one automated platform."

      Covered on