What they do: Gradient AI aims to automate the insurance industry through AI and machine learning. The company offers technological solutions for underwriting, claims management and business processing.
Founded: 2018
Why we’re watching: The startup recently raised a $20 million Series B to expand its product offerings, accelerate its customer acquisition plans, and expand its board of directors.
About Gradient AI
Gradient’s artificial intelligence solutions help risk takers in the insurance industry 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. Gradient focuses exclusively on delivering measurable results for their clients. To learn more about Gradient, please visit: https://www.gradientai.com.
To read the article: https://www.builtinboston.com/2021/04/22/21-boston-companies-to-watch-2021
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