Hyperexponential Raises $18M in Funding

Hyperexponential, a UK-based insurtech company specializing in modelling software for the commercial insurance sector, has raised $18 million in funding from Highland Europe. The company plans to use the funds to expand its product and engineering teams, explore new applications of its platform across the sector, and build out a commercial team. Founded in 2017 by Amrit Santhirasenan and Michael Johnson, both software engineers and qualified actuaries, Hyperexponential has seen its revenues increase threefold each year since launch. The company now employs 30 staff and its insurance client base accounts for around $50 billion worth of premium income.

Hyperexponential Secures $18 Million in Funding Led by Highland Europe

Hyperexponential (hx) is a London, UK-based insurtech company that provides mathematical modelling software for the commercial insurance sector. The software helps actuaries, data-scientists, and underwriters build, deploy, and update their pricing models, allowing them to make data-driven decisions faster and with minimal time and money spent on IT administration.

Hyperexponential is an insurtech company providing mathematical modelling software for the commercial insurance sector.

4 years ago

Hyperexponential Secures $18 Million in Funding Led by Highland Europe

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