What is Continuity?
Continuity is at the forefront of applying artificial intelligence to enhance the underwriting process for small and medium-sized enterprises (SMEs) within the insurance sector. Founded in 2018 and operating from Paris, France, the company's technology aims to streamline and improve the accuracy of risk assessment, a critical component for insurers. This strategic investment underscores the growing recognition of AI's transformative potential in traditional industries like insurance, particularly in optimizing operations for the SME market.
How much funding has Continuity raised?
Continuity has raised a total of $10.9M across 1 funding round:
Series A
$10.9M
Series A (2024): $10.9M with participation from Elaia Holdings, 115k, and Bpifrance
Key Investors in Continuity
Elaia Holdings
Elaia Holdings specializes in providing consulting services for overseas business development, including trading, export and import, and distribution. The company aims to facilitate partnerships and mergers with local companies to enhance international business opportunities.
115k
115K is a European early-stage venture capital fund dedicated to financial services, focusing on investments in Seed, Series A, and Series B rounds. The fund specializes in fintech, insurtech, cybersecurity, data, and artificial intelligence.
Bpifrance
Bpifrance finances companies at each stage of their development with credit, guarantees, and equity, supporting them in their innovation projects and internationally. They also ensure export activity through a wide range of products.
What's next for Continuity?
The recent major strategic investment signals a pivotal growth phase for Continuity. With substantial backing, the company is poised to accelerate its product development, expand its market reach, and further integrate its AI-driven underwriting solutions into the insurance ecosystem. This capital infusion is expected to fuel innovation, enhance customer acquisition, and solidify Continuity's position as a key player in the insurtech landscape, driving efficiency and intelligence in SME insurance underwriting.
See full Continuity company page
