Akur8, SAS Asset Profile

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Year established

2019

Location

Paris France

Primary Industry

Software

About

Based in Paris, France, and founded in 2019, Akur8 SAS operates as a software company that develops software-as-a-service-based Insurtech platform that enables automated actuarial modelling using machine learning. In September 2024, Akur8 SAS raised EUR 107.8 million in series C funding led by One Peak, with participation from another Partners Group. Akur8 creates a platform that uses AI to help insurance companies with pricing and reserving. The company’s platform includes smart algorithms designed for insurance pricing and uses machine learning to make the pricing process faster and easier, providing major benefits to the insurance industry. The company plans to use the September 2024 funding to invest in Research and Development to enrich its insurance pricing platform, expand its market reach globally, and utilize its recent acquisition of Arius to propel expansion.

Current Investors

BlackFin Capital Partners, MTech Capital, Guidewire Software, Inc.

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Primary Industry

Software

Sub Industries

e-Financial, Accounting/Finance Software

Website

www.akur8-tech.com

Verticals

Artificial Intelligence, Cloud Computing, InsureTech

Company Stage

Series C

Total Amount Raised

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