Last updated 2026-06-18
- Raised funding round, Mar 2017
Total raised
—
Last: 2017-03
Stage
Seed
Founded
2017
Headcount
5
HQ
Tel Aviv-Yafo, Israel
Sector
Fintech & Insurtech
About
TrueNorth provides an intelligent, data-driven solution for global insurance, shipping, and logistics companies. The company developed SaaS cargo claim analysis and predictive loss alert platforms, which identify cargo loss patterns as they form, alert cargo carriers about the expected loss before the voyage ends, and provide a highly accurate loss survey analyzing the occurrence. TrueNorth's clients and partners are some of the world's largest operators in cargo insurance and logistics.
Funding history · 1 round · — total
2017-03
Undisclosed
Q&A
- What is the current operational status of TrueNorth Systems?
- TrueNorth Systems is currently inactive, having ceased operations in October 2021.
- When was TrueNorth Systems founded?
- TrueNorth Systems was founded in January 2017.
- What is TrueNorth Systems' primary business focus?
- TrueNorth Systems focuses on providing an intelligent, data-driven Cargo Claim Management System for global insurance, shipping, and logistics companies.
- How many employees does TrueNorth Systems have?
- TrueNorth Systems has 1-10 employees.
- Which sector does TrueNorth Systems primarily operate in?
- TrueNorth Systems' primary sector is Fintech & Insurtech.
- What technologies does TrueNorth Systems utilize in its solutions?
- TrueNorth Systems utilizes Artificial Intelligence, Machine Learning, Platforms & Interfaces, and Web technologies.
- Which investors participated in TrueNorth Systems' funding round in March 2017?
- In March 2017, AXA Insurance and Kamet Ventures participated in a funding round for TrueNorth Systems.
- Does TrueNorth Systems hold any patents?
- Yes, TrueNorth Systems holds 1 patent.
Team · 2
Sectors & technology
Primary sector
Fintech & Insurtech
Sub-sectors
Automotive & Mobility TechnologiesLogistics & Transportation ManagementFintech & InsurtechInsurtech
Technologies
Artificial IntelligenceMachine LearningPlatforms & InterfacesWeb
Target customers
Financial ServicesFinancial ProductsInsuranceTransportation & LogisticsLogisticsMaritime
Business model
B2BB2G
Highlights
1 PatentsVerified
Tags
data-analyticsbig-datainsurtechenterprisescargocargo-managementmanagement-solutionsfreighttrackingsaasmarineshippingfintechinsurance-companiesartificial-intelligencemachine-learningsmart-mobility
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| linkedin.com/company/17966338 |
Identifiers & details
| Founded | 2017-1 |
|---|---|
| Employees (exact) | 5 |
| Offices | Paris-17E-Arrondissement; United Kingdom |
| Status reason | Non Active, Oct 2021 ceased to operate |