How much did Gradient AI raise?

Gradient AI raised $8.65 Million in a funding round on October 7, 2019.

Where is Gradient AI based and how big is it?

Gradient AI is based in Boston, Massachusetts, United States. Fundz records about 130 employees.

Who are the decision-makers at Gradient AI?

Fundz holds 5 contacts at Gradient AI, including the Senior Director National Sales. Names and contact details are shown to Fundz members.

Gradient A.I. Corp. reported raising $8.65 Million in an initial SEC Form D filing, from an offering of $8.65 Million

PRIVATEOct 07, 2019

Amount Raised

$8.65 Million

$8.65 Million sold, per SEC Form D (first sale Oct 7, 2019)

Round Type

Venture

BostonOtherInformation TechnologySoftwareArtificial IntelligenceMachine LearningInsurtechInsuranceSaaS

Quick answer

Gradient AI raised $8.65 Million in a funding round, dated October 7, 2019. Gradient AI is based in Boston, Massachusetts, United States.

How much did Gradient AI raise?: Gradient AI raised $8.65 Million in a funding round on October 7, 2019.
What does Gradient AI do?: Gradient AI is a leading provider of proven artificial intelligence (AI) solutions for the insurance industry.
Where is Gradient AI based and how big is it?: Gradient AI is based in Boston, Massachusetts, United States. Fundz records about 130 employees.
Who are the decision-makers at Gradient AI?: Fundz holds 5 contacts at Gradient AI, including the Senior Director National Sales. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Insurtech and Insurance around the same time

Companies in the same sectors as Gradient AI that raised within 45 days of this round, from Fundz verified event records.

Fairmarkit, Inc. raised $11M on October 10, 2019.
Watchful raised $4M (Seed) on November 21, 2019.
Evolv AI raised $24M on October 31, 2019.
PowerFleet raised $55M on October 10, 2019.
Diagnos raised $49K (Pre-Seed) on October 9, 2019.
Conservation Labs, Inc. raised $1.5M (Seed) on October 4, 2019.

Who to call at Gradient AI, and when

A new round usually means Gradient AI is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Gradient AI

Location

Boston, Massachusetts, United States

About

Gradient AI is a leading provider of proven artificial intelligence (AI) solutions for the insurance industry. Its solutions improve loss ratios and profitability by predicting underwriting and claim risks with greater accuracy, as well as reducing quote turnaround times and claim expenses through intelligent automation. Unlike other solutions that use a limited claims and underwriting dataset, Gradient's software-as-a-service (SaaS) platform leverages a vast dataset comprised of tens of millions of policies and claims. It also incorporates numerous other features including economic, health, geographic and demographic information. Customers include some of the most recognized insurance carriers, MGAs, TPAs, risk pools, PEOs and large self-insureds across all major lines of insurance. By using Gradient AI’s solutions, insurers of all types achieve a better return on risk.

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Related People

5 contacts

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Gradient AI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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