Total raised
$71.0M
Last: Series B 2022-09
Stage
Acquired
Founded
2015
Headcount
69
HQ
Tel Aviv-Yafo
Sector
Fintech & Insurtech
About
Planck is a commercial insurance data platform that enables insurers to instantly and accurately underwrite any business. The companys technology platform aggregates and mines massive data sets, using artificial intelligence to automatically generate and deliver key insights customized to the commercial underwriting process. The end result is a frictionless underwriting process with greater insurer visibility into risk factors, leading to improved new business conversion and retention rates and lower loss ratios.
Funding history · 4 rounds · $71.0M total
2022-09
Series B
$23.0M
2021-05
Series B
$20.0M
2020-06
Series B
$16.0M
2018-07
Series A
$12.0M
Sectors & technology
Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechInsurtech
Technologies
Platforms & InterfacesWebArtificial IntelligenceDeep LearningNatural Language Processing
Target customers
Financial ServicesFinancial ProductsInsuranceEnterprise & Professional ServicesEnterprises
Business model
B2B
Tags
gamificationartificial-intelligenceunderwritingnatural-language-processinginsurance-companiesenterprise-solutionsmachine-learningautomationbig-datadata-mininginsurtechfintechdeep-learning