This funding round, led by Force Over Mass Capital, saw participation from existing investors, alongside new investors, including Mundi Ventures and MS&AD Ventures. Artificial Labs (Founder, David King) provides a platform integrating data for both brokers and insurers, where users are able to accept, refer or decline submissions based on risk and value in a value portfolio. Artificial Labs has now grown its strategic partnerships to include Convex, AXIS, Chaucer, Aon, amongst others, and this investment will be used for continued expansion across underwriting.
Source: Artificial Labs