What is nSure.ai?
Founded in 2019 and headquartered in Tel Aviv, Israel, nSure.ai Ltd operates a unique multi-tenant platform designed to empower its customers with proprietary AI and machine learning models. This technology enables businesses to enhance their insurance operations through advanced analytics and predictive capabilities. The company's focus on leveraging artificial intelligence for the insurance sector positions it as a key player in insurtech, aiming to revolutionize how insurance products are managed and underwritten.
How much funding has nSure.ai raised?
nSure.ai has raised a total of $24.8M across 2 funding rounds:
Angel/Seed
$6.8M
Series A
$18M
Angel/Seed (2021): $6.8M with participation from Phoenix Insurance Company, Kamet, and DisruptiveAI
Series A (2022): $18M led by MoreTech Ventures and Disruptive AI
Key Investors in nSure.ai
Phoenix Insurance Company
Phoenix Insurance Company is a prominent Israeli financial services group, publicly traded on the Tel Aviv Stock Exchange, with diverse interests in multi-line insurance, asset management, and credit distribution.
Kamet
Kamet, the startup incubator arm of AXA, focuses on inventing, building, and scaling startups across the UK, operating as a venture builder since its establishment in 2016.
MoreTech Ventures
MoreTech Ventures is an investment firm specializing in growth-stage opportunities, particularly those with Israeli connections, aiming to support innovative technologies and exceptional management teams.
What's next for nSure.ai?
The recent major strategic investment in nSure.ai signals a pivotal phase for the company, likely geared towards scaling its operations, expanding its market reach, and further developing its AI capabilities. This infusion of capital is expected to accelerate product innovation and strengthen its competitive position within the rapidly evolving insurtech industry. nSure.ai is poised to capitalize on this momentum, driving further adoption of its AI-powered insurance solutions.
See full nSure.ai company page
