Gradient AI Overview
- Year Founded
-
2018
- Status
-
Acquired/Merged
- Employees
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120
- Latest Deal Type
-
Debt Refin.
- Investors
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11
Gradient AI General Information
Description
Developer of an artificial intelligence platform designed to improve underwriting and claims accuracy while reducing risk for the insurance industry. The company's platform offers predictive risk modeling that analyzes historical and real-time data, intelligent automation to streamline underwriting and claims processes, comprehensive analytics for nuanced decision-making, and continuous learning from vast datasets, enabling insurance carriers, brokers, and self-insured organizations to enhance decision-making and increase profitability.
Contact Information
Website
www.gradientai.com(Operating Subsidiary)
Corporate Office
- 1 Marina Park Drive
- Suite 305
- Boston, MA 02210
- United States
Corporate Office
- 1 Marina Park Drive
- Suite 305
- Boston, MA 02210
- United States
Gradient AI Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Debt Refinancing | 03-Mar-2026 | Completed | ||||
| 7. Later Stage VC | 03-Mar-2026 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series C) | 27-Jun-2024 | Completed | Generating Revenue | |||
| 5. Early Stage VC (Series B) | 14-Apr-2021 | Completed | Generating Revenue | |||
| 4. Accelerator/Incubator | 01-Jan-2020 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A) | 30-Sep-2019 | Completed | Generating Revenue | |||
| 2. Seed Round | 07-Jan-2019 | $4.95M | $4.95M | Completed | Generating Revenue | |
| 1. Merger/Acquisition | 20-Aug-2018 | Completed | Generating Revenue |
Gradient AI Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C2 | ||||||||
| Series C1 | ||||||||
| Series B2 | ||||||||
| Series B1 | ||||||||
| Series A2 | ||||||||
| Series A1 | 2,921,750 | $0.000010 | $0.91 | $0.91 | 1x | $0.91 | 10.32% | |
| Seed | 3,994,940 | $0.000010 | $0.61 | $0.61 | 1x | $0.61 | 14.11% |
Gradient AI Comparisons
Industry
Financing
Details
Gradient AI Competitors (9)
One of Gradient AI’s 9 competitors is Insurity, a Private Equity-Backed company based in Hartford, CT.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Insurity | Private Equity-Backed | Hartford, CT | ||||
| SmartZip | Formerly VC-backed | Hunt Valley, MD | ||||
| BigML | Venture Capital-Backed | Corvallis, OR | ||||
| Insuresoft | Corporate Backed or Acquired | Tuscaloosa, AL | ||||
| Lityx | Corporation | Wilmington, DE |
Gradient AI Signals
Gradient AI Former Investors (1)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| BSC Capital Partners | Corporate Venture Capital | Minority |
Gradient AI Acquisitions (1)
Gradient AI’s most recent deal was a Merger/Acquisition with Prognos Health (Analytics Business). The deal was made on 10-Oct-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Prognos Health (Analytics Business) | 10-Oct-2022 | Merger/Acquisition | Other Healthcare Services |
Gradient AI FAQs
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When was Gradient AI founded?
Gradient AI was founded in 2018.
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Where is Gradient AI headquartered?
Gradient AI is headquartered in Boston, MA.
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What is the size of Gradient AI?
Gradient AI has 120 total employees.
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What industry is Gradient AI in?
Gradient AI’s primary industry is Business/Productivity Software.
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Is Gradient AI a private or public company?
Gradient AI is a Private company.
-
What is Gradient AI’s current revenue?
The current revenue for Gradient AI is .
-
How much funding has Gradient AI raised over time?
Gradient AI has raised $89.4M.
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Who are Gradient AI’s investors?
BSC Capital Partners has invested in Gradient AI.
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Who are Gradient AI’s competitors?
Insurity, SmartZip, BigML, Insuresoft, and Lityx are some of the 9 competitors of Gradient AI.
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When was Gradient AI acquired?
Gradient AI was acquired on 03-Mar-2026.
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