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AKUR8 logo — Next-Gen Insurance Pricing and Reserving Platform

AKUR8

Next-Gen Insurance Pricing and Reserving Platform

Founded 2019 France France 220 employees Series C Total: $58.60M Financial Services, Fintech +4

General Information

Company Name AKUR8
Founded Year 2019
Location France France +8
Employees 220
Industries Financial Services, Fintech, Insurance +3
Funding Stage Series C
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About AKUR8

AKUR8 is a France-based startup that offers a cutting-edge pricing and reserving platform for the non-life insurance industry. The company, founded in 2019, has gained traction by serving 300 customers across 40+ countries, including industry giants such as AXA, Generali, Munich Re, MAPFRE, HDI, Tokio Marine, and MS&AD. Akur8's Next Gen Pricing and Reserving Platform blends advanced technology with actuarial expertise, delivering speed, performance, transparency, and reliability to insurers of all sizes. The innovative solutions provided by Akur8 are used daily by 3000 actuaries to construct pricing models and reserving projections across all lines of business. The company recently secured a significant €23.30M in a Venture Round investment on 01 July 2023, with the participation of BlackFin Capital Partners, FinTLV, and Guidewire Software. Akur8 operates within the Financial Services, Fintech, Insurance, Insurtech, SaaS, and Machine Learning industries and continues to make strides in revolutionizing insurance pricing and reserving.

Taxonomy: AI-driven insurance pricing, reserving solutions, actuarial excellence, insurtech, non-life insurance, insurance industry transformation, pricing automation, machine learning algorithms, P&C insurance, data science, insurance market innovation, pricing models, AI-powered optimization, insurance carriers

Services & Products

Pricing platform
Reserving platform
Data preparation
Risk modeling
Predictive analytics
Machine learning

Target Customers

Insurance companies Actuaries Underwriters Risk managers Insurance pricing professionals

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round •••••• 3
Investor Investor Investor
01 Jul 2023
Series B •••••• 3
Investor Investor Investor
17 Jun 2021
Series A •••••• 2
Investor Investor
12 Mar 2020
Seed Round •••••• - 01 Jul 2018

AKUR8 Alternatives & Competitors

AKUR8 vs
Hastings Direct
Hastings Direct United Kingdom

A company as unique as the people that work for it.

2851 employees
AKUR8 vs
Optalitix
Optalitix United Kingdom

Futureproof your pricing and underwriting with our low-code pricing software for Actuaries, Underwri...

Series Unknown
65 employees
AI, Education
Compare AKUR8 vs Optalitix
AKUR8 vs
Coterie Insurance
Coterie Insurance United States

Putting agents first

Series Unknown
133 employees
API, Insurance
Compare AKUR8 vs Coterie Insurance
Also compare with: AKUR8 vs Kerper-Bowron Kerper-Bowron

FAQ About AKUR8

Next-Gen Insurance Pricing and Reserving Platform
AKUR8 was founded in 2019.
AKUR8 is headquartered in France.
AKUR8 operates in the following industries: Financial Services, Fintech, Insurance, Insurtech, SaaS, Machine Learning.
AKUR8 has approximately 220 employees.
AKUR8 has completed 4 funding rounds, raising a total of $58.60M. The latest funding stage is Series C.
AKUR8 offers: Pricing platform, Reserving platform, Data preparation, Risk modeling, Predictive analytics, Machine learning.
Top alternatives and competitors to AKUR8 include Hastings Direct, Optalitix, Coterie Insurance, Kerper-Bowron, Gazeal. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
AKUR8 and Hastings Direct are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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