About Artificial Labs
Artificial Labs is a company based in London (United Kingdom) founded in 2013 by Johnny Bridges and David King.. Artificial Labs has raised $27.13 million across 3 funding rounds from investors including Augmentum Fintech, MS&AD Ventures and Fomcap IV. The company has 28 employees as of December 31, 2023. Artificial Labs offers products and services including Smart Underwriting and Smart Placement. Artificial Labs operates in a competitive market with competitors including Leonteq, Web Connectivity, Sagitec, ITM TwentyFirst and NetRate Systems, among others.
- Headquarter London, United Kingdom
- Employees 28 as on 31 Dec, 2023
- Founders Johnny Bridges, David King
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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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- Legal Name Artificial Labs Ltd
- Date of Incorporation 07 Nov, 2013
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$27.13 M (USD)
in 3 rounds
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Latest Funding Round
$10.05 M (USD), Series A
Feb 06, 2024
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Investors
Augmentum Fintech
& 5 more
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Employee Count
28
as on Dec 31, 2023
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Products & Services of Artificial Labs
Artificial Labs offers a comprehensive portfolio of products and services, including Smart Underwriting and Smart Placement. 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.
Enables digital underwriting for insurance risk assessment.
Facilitates management of insurance placement strategies.
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Funding Insights of Artificial Labs
Artificial Labs has successfully raised a total of $27.13M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $10.05 million completed in February 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 3
- Last Round Series A — $10.1M
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First Round
First Round
(18 Apr 2019)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Series A - Artificial Labs | Valuation | Augmentum Fintech | |
| Jun, 2022 | Amount | Series A - Artificial Labs | Valuation | Force Over Mass | |
| Apr, 2019 | Amount | Seed - Artificial Labs | Valuation | Force Over Mass , Mundi Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Artificial Labs
Artificial Labs has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Augmentum Fintech, MS&AD Ventures and Fomcap IV. 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 fund investing in fintech startups
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Founded Year | Domain | Location | |
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Venture capital firm focused on seed to series B stage companies
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Founded Year | Domain | Location | |
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Venture capital fund focused on SaaS, AI, blockchain, gaming, fintech, and multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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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 Artificial Labs
| 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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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Artificial Labs
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Artificial Labs Comparisons
Competitors of Artificial Labs
Artificial Labs 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 Leonteq, Web Connectivity, Sagitec, ITM TwentyFirst and NetRate Systems, 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 |
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| domain | founded_year | HQ Location |
Products and Services provider for Structured Products
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| domain | founded_year | HQ Location |
Software solution provider for insurance business processes
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| domain | founded_year | HQ Location |
Pension administration and unemployment insurance software solutions are provided.
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| domain | founded_year | HQ Location |
Life insurance policy management and trust administration solutions are provided.
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| domain | founded_year | HQ Location |
Cloud-based insurance processing and distribution solutions are provided.
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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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| domain | founded_year | HQ Location |
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 Artificial Labs
Frequently Asked Questions about Artificial Labs
When was Artificial Labs founded?
Artificial Labs was founded in 2013 and raised its 1st funding round 6 years after it was founded.
Where is Artificial Labs located?
Artificial Labs is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Artificial Labs?
Johnny Bridges is the current CEO of Artificial Labs. They have also founded this company.
Is Artificial Labs a funded company?
Artificial Labs is a funded company, having raised a total of $27.13M across 3 funding rounds to date. The company's 1st funding round was a Seed of $5.48M, raised on Apr 18, 2019.
How many employees does Artificial Labs have?
As of Dec 31, 2023, the latest employee count at Artificial Labs is 28.
What does Artificial Labs do?
Artificial is a software solutions provider for insurers. Provides a cloud-based policy claims management platform which features performance dashboards and can be accessed from any desktop, tablet or mobile devices. Offers ArtificialOS, an API-based platform comprised of a number of component microservices which cater to specific business functions like processing payments, notifications, policy handling etc and can be packaged according to an insurers needs. Provides digital distribution tools which provide or integrate with functions like rating engine, documentation creation, email deployment, binder or policy management, and payment handling. Also advises clients on the application of machine learning in areas like pricing, claims and analytics.
Who are the top competitors of Artificial Labs?
Artificial Labs's top competitors include Leonteq, Web Connectivity and Sagitec.
What products or services does Artificial Labs offer?
Artificial Labs offers Smart Underwriting and Smart Placement.
Who are Artificial Labs's investors?
Artificial Labs has 6 investors. Key investors include Augmentum Fintech, MS&AD Ventures, Fomcap IV, Debevoise & Plimpton, and Force Over Mass.
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