Flyreel logo — Flyreel is now part of LexisNexis® Risk Solutions.

Flyreel

Flyreel is now part of LexisNexis® Risk Solutions.

Founded 2016 United States Denver, United States 12 employees Late Stage Total: $1.53B AI, Insurance +4

General Information

Company Name Flyreel
Founded Year 2016
Location United States Denver, United States
Employees 12
Industries AI, Insurance, Insurtech +3
Funding Stage Late Stage
Business Model B2B, DaaS, SaaS
Revenue Model Subscription, Usage Based, Tiered Pricing
Social

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About Flyreel

Flyreel, founded in 2016, has established a significant presence in the AI and Insurtech industries by leveraging its advanced artificial intelligence solutions within the insurance market. Headquartered in the United States, the company effectively merges technology with property intelligence, providing mobile-based solutions that enhance risk assessment and property analysis for insurers.

With its recent integration as a part of LexisNexis® Risk Solutions, Flyreel has amplified its capabilities by combining its AI expertise with the vast data resources and analytics power of its parent company. This strategic alignment positions Flyreel as a strong player capable of offering comprehensive, data-driven insights that can streamline operations for insurers and potentially reduce claim costs through improved accuracy and efficiency.

Though the company's last known investment details are unavailable, its acquisition indicates a robust validation of its technology and market potential by established industry leaders.

Services & Products

Risk Solutions
Fraud and Identity Management
Insurance Data and Analytics
Healthcare Data Management
Government Data Solutions

Target Customers

Corporations Financial Services Government Agencies Healthcare Providers Insurance Companies Law Enforcement Agencies Debt Collection Agencies

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Growth Equity Non VC Undisclosed 1
Equivo
01 Jun 2021
Growth Equity Non VC $30.00M 5
WR Hambrecht + Co, Schoolhouse Partners +3
01 Mar 2000
Acquisition $1.50B 1
Rex Fund
01 Oct 1994

Flyreel Alternatives & Competitors

Flyreel vs
Drodat
Drodat United States

Revolutionizing Risk with Actionable Intelligence

Pre-Seed
7 employees
Analytics, Insurtech
Flyreel vs
kWh Analytics
kWh Analytics United States

Insurance for our Climate

Acquired
40 employees
Analytics, Energy
Flyreel vs
Gradient AI
Gradient AI United States

AI underwriting + claims solutions that power a better return on risk for Group Health, Work Comp an...

Series C
106 employees
AI, Insurance

FAQ About Flyreel

Flyreel is now part of LexisNexis® Risk Solutions.
Flyreel was founded in 2016.
Flyreel is headquartered in Denver, United States.
Flyreel operates in AI, Insurance, Insurtech, Mobile, Prop Tech and Machine Learning. Its customers include Corporations, Financial Services and Government Agencies.
Flyreel has a B2B, DaaS and SaaS business model. Its revenue comes from Subscription, Usage Based and Tiered Pricing.
Flyreel has approximately 12 employees.
Flyreel has completed 3 funding rounds, raising a total of $1.53B. The latest funding stage is Late Stage.
Flyreel offers: Risk Solutions, Fraud and Identity Management, Insurance Data and Analytics, Healthcare Data Management, Government Data Solutions.
Top alternatives and competitors to Flyreel include Drodat, kWh Analytics, Gradient AI, Artivatic.ai, Majesco. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Flyreel and Drodat 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.

Source: BounceWatch company record for Flyreel, https://bouncewatch.com/company/flyreel-2, updated 22 July 2026. When citing, please name BounceWatch and link this page.

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