Gradient AI logo — AI underwriting + claims solutions that power a better retur...

Gradient AI

AI underwriting + claims solutions that power a better return on risk for Group Health, Work Comp and other P&C insurers

Founded 2018 United States Boston, United States 106 employees Series C Total: $123.18M AI, Insurance +2

General Information

Company Name Gradient AI
Founded Year 2018
Location United States Boston, United States +1
Employees 106
Industries AI, Insurance, Insurtech +1
Funding Stage Series C
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About Gradient AI

**Gradient AI** is a leading provider of proven artificial intelligence (AI) solutions for the insurance industry. Their AI underwriting and claims solutions aim to improve loss ratios and profitability for Group Health, Work Comp, and other P&C insurers. The company's software-as-a-service (SaaS) platform leverages a vast industry data lake comprising tens of millions of policies and claims, incorporating various features such as economic, health, geographic, and demographic information. **Gradient AI**, founded in **2012** and headquartered in the **United States**, received a significant **$20.00M Series B investment** on **April 14, 2021**, with investors including **MassMutual Ventures**, **American Family Ventures**, **Forté Ventures**, **Sandbox Insurtech Ventures**, **Stone Point Capital**, and **BSC Capital**. The company's clientele includes prominent insurance carriers, MGAs, MGUs, TPAs, risk pools, PEOs, and large self-insured employers across all major lines of insurance, demonstrating their wide industry reach. Their focus on delivering measurable results for underwriting and claims operations positions them as a key player in the **Health Care, Insurance, and Insurtech** industries. With accolades such as being chosen as a "Best Place to Work in Boston," **Gradient AI** showcases its dedication to innovation and industry leadership. [Source](https://www.builtinboston.com/company/)

Taxonomy: AI underwriting, claims solutions, insurance industry, risk prediction, underwriting automation, claim cost reduction, insurance technology, operational efficiency, data science, insurtech, commercial insurance

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Series C •••••• 4
Investor Investor Investor Investor
30 Jul 2024
Venture Round •••••• - 08 Jul 2024
Series B •••••• 6
Investor Investor Investor Investor Investor
•••• ••••
14 Apr 2021
Series A •••••• - 04 Oct 2019
Venture Round •••••• - 07 Jan 2019

Gradient AI Alternatives & Competitors

Gradient AI vs

Our products offer security, and our services offer peace of mind.

102 employees
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Gradient AI vs
Verisk
Verisk United States

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Gradient AI vs
INFORCE
INFORCE United States

More than a technology consulting firm, we are a go-to IT partner for P&C insurance companies and YO...

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FAQ About Gradient AI

AI underwriting + claims solutions that power a better return on risk for Group Health, Work Comp and other P&C insurers
Gradient AI was founded in 2018.
Gradient AI is headquartered in Boston, United States.
Gradient AI operates in the following industries: AI, Insurance, Insurtech, Machine Learning.
Gradient AI has approximately 106 employees.
Gradient AI has completed 5 funding rounds, raising a total of $123.18M. The latest funding stage is Series C.
Top alternatives and competitors to Gradient AI include Wellington Insurance Group, Verisk, INFORCE. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Gradient AI and Wellington Insurance Group 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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