All the relevant data to insure any business in seconds. With just a business name and address, Planck’s artificial intelligence data platform creates all relevant underwriting insights in real time, with over 90% accuracy and coverage.
Location: United States, New York
Employees: 51-200
Total raised: $59M
Founded date: 2015
Investors 5
| Date | Name | Website |
| 26.09.2022 | Vintage In... | vintage-ip... |
| - | Greenfield... | greenfield... |
| - | 3L Capital | 3lcap.com |
| - | Team8 | team8.vc |
| - | Eight Road... | eightroads... |
Funding Rounds 3
| Date | Series | Amount | Investors |
| 18.09.2022 | - | $23M | - |
| 12.05.2021 | - | $20M | - |
| 10.06.2020 | Series B | $16M | - |
Mentions in press and media 16
| Date | Title | Description |
| 28.07.2024 | Applied Systems Announces Acquisition of Planck, an AI Firm for Insurance Industry | Listen to this article 0:00 / 0:59 1X BeyondWords Applied Systems announced that it has acquired Planck, the Artificial Intelligence (AI) company for the insurance industry. This strategic acquisition will significantly “expand Applied’s AI... |
| 22.09.2023 | Planck Launches the First GenAI-Enhanced Underwriting Workbench | Underwriting co-pilot provides greater accuracy, transparency, and deeper risk insights for commercial insurers Enhanced underwriting features—including insight generation, query-recommendation, automation, and dynamic chat functions—now av... |
| 14.08.2023 | Planck Keeps Customers at the Leading Edge of GenAI Technology | While the industry buzzes about the potential impact of generative AI, Planck customers are already experiencing the benefits Planck, the leading provider of AI-based risk insights and the premier commercial insurance underwriting workbench... |
| 24.05.2023 | Coterie Insurance Opens New Markets with AI Insights from Planck | Planck’s innovative AI platform is helping Coterie Insurance and its partners deliver instant business insurance — without taking on unanticipated risk exposure. A partnership-focused MGA, Coterie leverages data and technology to provide in... |
| 21.09.2022 | Singapore’s Arbor Ventures notches $193M towards next early-stage fintech fund | Arbor Ventures, funder of fintech and shopping startups like installment loan company Tabby and Amazon brand factory Heyday, has locked down $193 million towards its largest fund to date, TechCrunch has learned. The Singapore-based VC focus... |
| 18.09.2022 | Planck Raises $23M in Funding | Planck, a Tel Aviv, Israel-based provider of an AI-powered data and analytics platform for commercial insurance, raised $23M in funding. The round was led by Vintage Investment Partners, with participation from Team8, Greenfield, Arbor Vent... |
| 12.05.2021 | Planck, the insurance data analytics platform, raises $20M growth round | Planck co-founders (from left to right): David Schapiro, CEO Elad Tsur and CTO Amir Cohen. Image Credits: Planck Planck, the AI-based data platform for commercial insurance underwriting, announced today it has raised a $20 million growth ro... |
| 10.06.2020 | Planck raises $16 million to underwrite commercial insurance risk | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! AI commercial insurance platform Planck today ann... |
| 10.06.2020 | Planck raises $16 million to underwrite commercial insurance risk | AI commercial insurance platform Planck today announced it raised $16 million in equity financing, a portion of which came from Nationwide Insurance’s $100 million venture investment fund. CEO Elan Tsur says the proceeds will be used to fin... |
| 10.06.2020 | Planck raises $16 million | Planck Planck Founded: 2015 Headquarters: New York, NY, US Total Funding: $28M See full company profile "> is announcing a series B funding of $16 million, which brings its total funding to date to $28 million. The round was led by ... |
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