About Akur8 Technologies
Akur8 Technologies is a company based in France founded in 2018 by Samuel Falmagne.. Akur8 Technologies has raised $154.05 million across 4 funding rounds from investors including Guidewire, Partners Group and One Peak. Akur8 Technologies has completed 3 acquisitions, including Akur8, Matrisk and Slope Software. Akur8 Technologies offers products and services including Akur8 Pricing, Akur8 Reserving, Data Upload Module, Risk Module, and Demand Module. Akur8 Technologies operates in a competitive market with competitors including Guidewire, Bold Penguin, OneShield, Duck Creek and BetterView, among others.
- Headquarter France
- Founders Samuel Falmagne
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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Products & Services of Akur8 Technologies
Akur8 Technologies offers a comprehensive portfolio of products and services, including Akur8 Pricing, Akur8 Reserving, Data Upload Module, Risk Module, and Demand Module. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software for insurance pricing and rate optimization
Tools for loss review and reserving automation
System to clean and prepare insurance data
Features for building pure premium models
Assesses demand and price sensitivity
Builds rate plans and decision support
Automatically finds best insurance rates
Handles production rating processes
Platform for reviewing losses and claims
Cloud-based reserving management system
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Software Development Team
11 people
Data Analysis and Operations Team
11 people
Sales and Marketing
8 people
Product Management Team
7 people
Leadership Team
5 people
Legal and Compliance
2 people
Cloud Team
2 people
Finance and Accounting
2 people
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Funding Insights of Akur8 Technologies
Akur8 Technologies has successfully raised a total of $154.05M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $120 million completed in September 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series C — $120.0M
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2024 | Amount | Series C - Akur8 Technologies | Valuation | One Peak | |
| Sep, 2023 | Amount | Series B - Akur8 Technologies | Valuation | FinTLV , Guidewire | |
| Mar, 2020 | Amount | Series A - Akur8 Technologies | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Akur8 Technologies
Akur8 Technologies has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Guidewire, Partners Group and One Peak. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investment in tech-enabled healthcare, cybersecurity and climate-tech startups
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Private equity funds are managed across multiple sectors globally.
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Venture capital firm investing in fintech sectors
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Akur8 Technologies
Akur8 Technologies has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Akur8, Matrisk and Slope Software. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Delivers comprehensive AI-powered solutions for the insurance industry.
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Insurance risk management services are delivered via an internet-first model.
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Provider of software development services
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OVO is recognized as a smart digital payment application.
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Financial Statements - Akur8 Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Akur8 Technologies Comparisons
Competitors of Akur8 Technologies
Akur8 Technologies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Guidewire, Bold Penguin, OneShield, Duck Creek and BetterView, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based platform for property and casualty insurance is provided.
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| domain | founded_year | HQ Location |
Software suite is offered for commercial insurance quoting and binding.
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| domain | founded_year | HQ Location |
Cloud-based insurance policy and claims management solutions for the p&c insurance industry
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| domain | founded_year | HQ Location |
Cloud-based solutions for property, casualty, and general insurance are provided.
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| domain | founded_year | HQ Location |
Insurance policy management and risk management solutions for the P&C insurance industry
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| domain | founded_year | HQ Location |
Insurity is recognized for providing cloud-native insurance software solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Akur8 Technologies
Frequently Asked Questions about Akur8 Technologies
When was Akur8 Technologies founded?
Akur8 Technologies was founded in 2018.
Where is Akur8 Technologies located?
Akur8 Technologies is headquartered in France.
Who is the current CEO of Akur8 Technologies?
Samuel Falmagne is the current CEO of Akur8 Technologies. They have also founded this company.
Is Akur8 Technologies a funded company?
Akur8 Technologies is a funded company, having raised a total of $154.05M across 4 funding rounds to date. The company's 1st funding round was a Series A of $9.05M, raised on Jun 01, 2018.
What does Akur8 Technologies do?
Akur8 Technologies was founded in 2018 in France as a provider of a platform for pricing and reserving in the insurance sector. Data processing, risk assessment, demand analysis, rate building, and deployment tools are offered for pricing operations. Loss review, liability management, and actuarial triangle generation are included for reserving functions. Processes in these areas are supported across the insurance industry with a focus on operational efficiency.
Who are the top competitors of Akur8 Technologies?
Akur8 Technologies's top competitors include Guidewire, Bold Penguin and OneShield.
What products or services does Akur8 Technologies offer?
Akur8 Technologies offers Akur8 Pricing, Akur8 Reserving, Data Upload Module, Risk Module, and 6 more products and services.
How many acquisitions has Akur8 Technologies made?
Akur8 Technologies has made 3 acquisitions, including Akur8, Matrisk, and Slope Software.
Who are Akur8 Technologies's investors?
Akur8 Technologies has 7 investors. Key investors include Guidewire, Partners Group, One Peak, FinTLV, and BlackFin.