Artivatic

Bengaluru, India Founded: 2017 • Age: 9 yrs Acquired By RenewBuy
AI software suite is offered for financial institutions operations.
Annual revenue $1.8M Latest available
Total funding $893,698 7 rounds
Employees - Tracked headcount
Investors 62 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Artivatic

Artivatic is a company based in Bengaluru (India) founded in 2017 was acquired by RenewBuy in February 2022. Artivatic has raised $893.7 thousand across 7 funding rounds from investors including KFin Technologies, Primarc and RenewBuy. Artivatic operates in a competitive market with competitors including Riskcovry, Socotra, FintechOS, ReSource Pro and eBaoTech, among others.

  • Headquarter Bengaluru, India
  • Stage Minicorn
  • Sectors
    Technology
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
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  • Legal Name Artivatic Data Labs Private Limited
  • Date of Incorporation 26 Sep, 2016
  • Jurisdiction Bangalore North, Karnataka, India
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.84 M (USD)
    63904559.41
    as on Mar 31, 2023
  • Net Profit
    $550.27 K (USD)
    14257399.38
    as on Mar 31, 2023
  • EBITDA
    $694.06 K (USD)
    14839321.08
    as on Mar 31, 2023
  • Total Equity Funding
    $893.7 K (USD)

    in 7 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Acquired by
    RenewBuy

    (Feb 21, 2022)

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People of Artivatic

Headcount 10-50
Employee Profiles 1
Board Members and Advisors 2
Employee Profiles
People
Layak Singh
Head Saas Business - Insurtech & Healthtech

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Board Members and Advisors
people
Rajesh Relan
Board Member & Director
people
Sreekanth Nadella
Board Member & Director

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Teams

Funding Insights of Artivatic

Artivatic has successfully raised a total of $893.7K across 7 strategic funding rounds. 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.

Investors in Artivatic

Artivatic has secured backing from 62 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include KFin Technologies, Primarc and RenewBuy.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital and entrepreneurial support services for startups in India.
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Angel investor network investing in early-stage startups
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Early-stage offline-focused PE & VC firm investing in geographies such as India
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Investor details for Artivatic

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Investments & Acquisitions by Artivatic

Investments
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Investment portfolio details for Artivatic

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Financial Statements - Artivatic

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Detailed financials for Artivatic

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  • Profit trends
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Artivatic Comparisons

Artivatic Primary company
Description
AI software suite is offered for financial institutions' ope...
Location
Bengaluru, India
Founded Year
2017
Annual Revenue
$1.84 M (USD)
Net Profit
$550.27 K (USD)
EBITDA
$694.06 K (USD)
Employees
Not available
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Peer comparison for Artivatic

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Artivatic

Artivatic 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 Riskcovry, Socotra, FintechOS, ReSource Pro and eBaoTech, among others.

Company Name Domain Founded year HQ Location Description
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A platform for digital insurance distribution and management is provided.
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Cloud-based solutions for insurance policy management and underwriting are offered.
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AI-based software suite is provided for banking and insurance sectors.
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Insurance policy and claim management solutions for the insurance industry
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Cloud-based insurance software suites are developed for insurers and partners.
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Cloud-based software solutions for credit insurers, surety bonds & trade finance
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Detailed competitors of Artivatic

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Latest news on Artivatic

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Complete news archive for Artivatic

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  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Artivatic

Artivatic was founded in 2017.

Artivatic is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Artivatic is a funded company, having raised a total of $893.7K across 7 funding rounds to date.

Annual revenue of Artivatic is $1.84M as on Mar 31, 2023.

Artivatic was founded in 2017 in Bengaluru, India, as a provider of AI-based software for the financial sector. Solutions are delivered for data management, customer onboarding, sales, marketing, insurance underwriting, risk assessment, distribution, monitoring, claims processing, and agency management. Dynamic pricing, fraud detection, and alternative risk scoring are supported through data analytics. Operations focus on enhancing efficiency in insurance and banking processes.

Artivatic's top competitors include FintechOS, Socotra and Tinubu.

Artivatic has 62 investors. Key investors include KFin Technologies, Primarc, RenewBuy, Lucida Technologies, and Sparrow Technologies.

The valuation of Artivatic is $6.1M as of May 2021.

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