Toronto, Canada
Utilizing cutting-edge AI/LLM evaluation technology, the company conducts thorough risk assessments and measurements of AI models, offering AI verification and warranties. These warranties are backed by reputable reinsurers, including Swiss Re, Greenlight Re, and Chaucer. Having graduated from prestigious AI and insurtech accelerators such as Creative Destruction Lab, Y-Combinator, Lloyd’s Lab, and Betaworks’ AI Camp, Armilla AI has gained recognition by being named to FinTech Global's Insurtech100 and InsureTechConnect's Forward50. Additionally, the company is a recipient of the Responsible AI Institute’s 2023 award for the most outstanding product.
Founded in 2019 and headquartered in Canada, Armilla AI recently secured a $6.00M Seed Round investment on 15th February 2024. The investors in this round include MS&AD Ventures, Y Combinator, SixThirty, Chaucer Group, Mistral Venture Partners, Morgan Creek Digital, and Greenlight Reinsurance. Armilla AI's client base comprises AI scale ups and large enterprises across various sectors such as financial services, insurance, healthcare, human resources, legal services, and manufacturing.
