Gradient AI Continues Strong Growth and Momentum in 2021

Boston, MA, June 17, 2021 - Gradient AI, the leading enterprise software provider of artificial intelligence solutions in the insurance technology space announced that it has achieved a record pace for new customer acquisitions, while significantly growing its service offerings, partnerships, and employee headcount. 

Gradient saw high demand for its predictive analytics solutions in 2020, with insurers requiring automation and intelligence to manage increasingly complex workloads while being tasked with the challenge of operating in remote environments. Gradient more than doubled its customer base, with a significant number of those new clients being Tier 1 and Tier 2 insurers who acquired solutions geared towards enabling growth and increased profitability.

Gradient responded to heightened demand by increasing its solution offerings by 500% over the past 18 months. Known for the most accurate and automated AI models available in the insurance industry, Gradient now offers more than 50 solutions that address most major lines of insurance. To learn more about Gradient’s Underwriting, Claims and Business Process solutions, visit www.gradient.com.

To keep up with increased demand, Gradient grew its team significantly over the past year. In the process of making strategic hires in management, development, client success, and sales roles, headcount has grown from 22 in January 2020 to 45 currently. The company expects continued growth, and is aggressively recruiting to fill several additional key roles by the end of 2021. To learn more about open positions, visit http://www.gradientai.com/careers1.

“The customer response we’ve seen over the past eighteen months, through the pandemic in particular, has been fantastic,” said Stan Smith, Founder and CEO of Gradient. “It’s been a tremendous validation that we’ve been able to meet the demand that was the impetus for Gradient in the first place.”

Jeff Snider, General Manager of Gradient, added, “We’ve been very fortunate to attract and retain some of the best talent, both in our Boston home and across the country. We were especially pleased to be recognized as one of the best places to work, in the very competitive tech startup market in Boston.”

About Gradient AI

Gradient’s artificial intelligence solutions help insurers automate and improve underwriting results, reduce claim costs, and improve operational efficiencies. The Gradient software-as-a-service (SaaS) platform boasts a proprietary dataset comprised of tens of millions of claims, which is complemented with dozens of economic, health, geographic and demographic datasets. This robust aggregation of data can provide demonstrable value for both underwriting and claims clients, across all major lines of insurance, and are utilized by many of the most recognized insurance carriers, MGAs, TPAs, pools, PEOs, and more. At Gradient, we focus exclusively on delivering measurable results for our clients. To learn more about Gradient, please visit: https://www.gradientai.com.

Contact: 

Stan Bowers

www.gradientai.com

978.273.2489

stan.bowers@gradientai.com