London-based, Hyperexponential, an Insurtech company that provides PDI software raised $73 million led by Battery Ventures in a Series funding round.
Silicon Valley investor a16z and Highland Europe backed the round.
Insurtech Raised $73M Funding Round
CEO Hyperexponential, Amrit Santhirasenan said the funds raised will help us for expansion in the US market.
Hyperexponential is an insurtech company in the P&C space. Hyerexponential’s PDI platform uses machine learning and AI to recommend insurance according to customer needs. Moreover, Hyperexponential has Aviva, Conduit Re, and HDI in their portfolios.
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