Neural Metrics

New York, United States Founded: 2018 • Age: 8 yrs
AI software solutions for PC insurance processes are delivered.
Annual revenue $242,377 Latest available
Total funding $50,000 1 rounds
Employees 55 Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 9 Brand Intelligence

About Neural Metrics

Neural Metrics is a company based in New York (United States) founded in 2018 by Prakash Vasant and Marcus Daley. Neural Metrics has raised $50 thousand across 1 funding round from investors including BrokerTech Ventures. The company has 55 employees as of April 09, 2024. Neural Metrics offers products and services including AI Assistants, Industry Classification Module, Risk Intelligence Module, and Market Data Module. Neural Metrics operates in a competitive market with competitors including Sedgwick, Perfios, Signicat, IDnow and Onfido, among others.

  • Headquarter New York, United States
  • Employees 55 as on 09 Apr, 2024
  • Founders Prakash Vasant, Marcus Daley
  • Sectors
    Technology
    Financial Services
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Neural Metrics Private Limited
  • Date of Incorporation 15 Jun, 2021
  • Jurisdiction Saidapet, Tamil Nadu, 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 → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $242.38 K (USD)
    342.55
    as on Mar 31, 2023
  • Net Profit
    $1.71 K (USD)
    101.48
    as on Mar 31, 2023
  • EBITDA
    $4.55 K (USD)
    103.95
    as on Mar 31, 2023
  • Total Equity Funding
    $50 K (USD)

    in 1 rounds

  • Latest Funding Round
    $50 K (USD), Seed

    Apr 07, 2022

  • Investors
  • Employee Count
    55

    as on Apr 09, 2024

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Products & Services of Neural Metrics

Neural Metrics offers a comprehensive portfolio of products and services, including AI Assistants, Industry Classification Module, Risk Intelligence Module, and Market Data Module.

Product name locked
Category locked
Primary

Provide role-based support for insurance risk analysis and decision-making

Product name locked
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Facilitates accurate business classification for underwriting purposes

Product name locked
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Analyzes datasets to enable precise policy pricing and risk evaluation

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Offers verified leads and market insights for business acquisition

People of Neural Metrics

Headcount 50-200
Employee Profiles 16
Employee Profiles
People
Massood Abolfazli
Chief Marketing Officer
People
Prakash Vasant
Co-Founder & CEO
People
Chris Schrenk
Chief Underwriting Officer
People
Kishan Vasant
Product Specialist

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Funding Insights of Neural Metrics

Neural Metrics has successfully raised a total of $50K through 1 strategic funding round. The most recent funding activity was a Seed round of $50 thousand completed in April 2022. 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 Neural Metrics

Neural Metrics has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include BrokerTech Ventures.

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Venture Fund
Investor Description Founded Year Domain Location
Startups in the insurance sector are accelerated by BrokerTech Ventures.
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Investor details for Neural Metrics

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Investments & Acquisitions by Neural Metrics

Investments
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Investment portfolio details for Neural Metrics

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Financial Statements - Neural Metrics

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Detailed financials for Neural Metrics

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Neural Metrics Comparisons

Neural Metrics Primary company
Description
AI software solutions for P&C insurance processes are delive...
Location
New York, United States
Founded Year
2018
Annual Revenue
$242.38 K (USD)
Net Profit
$1.71 K (USD)
EBITDA
$4.55 K (USD)
Employees
55
As of 2024
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Peer comparison for Neural Metrics

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Competitors of Neural Metrics

Neural Metrics 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 Sedgwick, Perfios, Signicat, IDnow and Onfido, among others.

Company Name Domain Founded year HQ Location Description
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Claims administration, loss adjusting, and benefits management services are provided.
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Provides financial technology solutions for data analysis and verification globally.
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Software solutions for identity management are provided via APIs.
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Automated and expert-led identity verification services are provided.
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Identity verification solutions are provided, including document and biometric authentication.
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Identity verification, background screening, and fraud prevention solutions are provided.
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Detailed competitors of Neural Metrics

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Latest news on Neural Metrics

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Complete news archive for Neural Metrics

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Frequently Asked Questions about Neural Metrics

Neural Metrics was founded in 2018 and raised its 1st funding round 4 years after it was founded.

Neural Metrics is headquartered in New York, United States. It is registered at New York, New York, United States.

Prakash Vasant is the current CEO of Neural Metrics. They have also founded this company.

Neural Metrics is a funded company, having raised a total of $50K across 1 funding round to date.

As of Apr 09, 2024, the latest employee count at Neural Metrics is 55.

Annual revenue of Neural Metrics is $242.38K as on Mar 31, 2023.

Neural Metrics was founded in 2018 and is headquartered in New York, United States. SaaS-based AI solutions are provided to property and casualty (PC) insurance companies, covering areas such as lead generation, customer onboarding, quoting, KYC verification, underwriting, portfolio monitoring, and sales. NLP-driven data and monitoring tools are offered, along with Smart Ratio software for analyzing unstructured data to support decision-making processes.

Neural Metrics's top competitors include Sedgwick, IDnow and Perfios.

Neural Metrics offers AI Assistants, Industry Classification Module, Risk Intelligence Module, and Market Data Module.

Neural Metrics has 1 investor. Key investors include BrokerTech Ventures.

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