Today French startup Akur8, an AI-driven insurance pricing solution, has raised €8 million in its Series A round from BlackFin Capital Partners and MTech Capital, bringing its total funding to €10 million.
Akur8, founded in 2018, is an insurtech startup providing AI-powered pricing automation and optimization for insurance carriers.
This is where Akur8 jumps in – its unique AI algorithm automates the insurance pricing process while providing complete transparency, thereby ensuring compliance with local insurance regulatory requirements.
Samuel Falmagne, Co-founder and CEO of Akur8, said: “When we embarked on building Akur8, we were passionate about offering a truly novel solution for the insurance industry.
We are proud to be backing Akur8 as a unique player solving a critical issue for the entire industry.” | To read full story, visit https://startuparound.com/read/1584023405.645064/Paris-based-Akur8-raises-€8-million-to-solve-pain-points-in-insurance-pricing?ref=audio_experience