Akur8

About Akur8

Akur8 is a next-generation pricing and reserving platform for insurers, leveraging Transparent Machine Learning and Predictive Analytics to enhance speed, performance, and reliability in insurance pricing and reserving processes. The company aims to modernize these processes, helping insurers improve efficiency, achieve better combined ratios, and maintain transparency and control.

Products & Services

Akur8 Pricing Platform:A cloud-based platform that enhances the speed and accuracy of insurers' pricing processes with an integrated user experience. Features include data preparation, risk modeling, demand assessment, rate planning, optimization, and deployment.

Akur8 Reserving Platform:A platform to modernize reserve analysis with efficiency and reliability, replacing spreadsheet-based methods with advanced stochastic modeling and deterministic solutions. Includes tools like Arius, Arius Enterprise, and Triangles on Demand.

Specialties

Transparent Machine Learning Predictive Analytics Insurance Pricing Insurance Reserving Cloud-Based Solutions Stochastic Modeling

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Series C T: - FT: Series C	A: 120000000 MR: - FA: $120 million FAN: 120000000	D: 2024-09-16 FD: 2024-09-16	3 investors

Series C Latest

2024-09-16

$120.0M

3 investors (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

View 3 more growth metrics with Pro

Unlock All Metrics

Mock Up

Team & Leadership

D

Davide Burlon

Leadership Spotlight

H

Humbert de Liedekerke Beaufort

Managing Partner

D

Dino Draghi

Head of Brazil

J

Josh Myers

Actuarial Data Scientist

M

Mario V. Wuthrich

Professor of Actuarial Science

H

Heiko Wagner

Data Scientist

View 3 more team members with Pro

Unlock Full Team Directory

Recent News

Akur8 Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised