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Carpe Data Raises $7.1

Recently funded · $7.1M Series aFinancial ServicesUSView source

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Insurers looking to tap into the power of emerging and alternative data just got a boost, as Carpe Data, a company specializing in this niche, has secured $7.1M in Series A funding. The capital will fuel its mission to provide carriers around the globe with deeper insights into risks.

Carpe Data's platform utilizes proprietary algorithms and proven AI to significantly enhance many aspects of the insurance life cycle. This includes improving underwriting decisions, streamlining claims processing, and optimizing overall book assessment, ultimately empowering insurers with more comprehensive data intelligence.

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