Artificial raises £4.2m in seed funding from Alma Mundi and Force Over Mass to scale operations
The seed round was co-led by Alma Mundi InsurTech Fund and Force Over Mass to fund team expansion and international growth.
Artificial is a London based InsurTech company providing smart digital solutions for the insurance industry through machine learning and artificial intelligence.
Artificial has secured £4.2m in seed funding to support its product development and international growth. The investment round was co-led by Alma Mundi InsurTech Fund and Force Over Mass alongside other backers.
The London based InsurTech firm applies machine learning and artificial intelligence to address operational challenges within the insurance industry. The fresh capital will be directed towards expanding engineering and sales teams, scaling the core platform, and entering new international markets including the United States, the Middle East, and China.
Co-founder and chief product officer Johnny Bridges noted that the backing validates the firm's capacity to deliver scalable digital solutions for the sector.
From the founder
"This is fantastic news for Artificial"
Johnny Bridges
CPO at Artificial
Use of funds
- 01Grow the team
- 02Continue product development
- 03Expand into international markets
- 04Invest in sales and marketing
Investors
About the company
Artificial
Artificial develops machine learning and artificial intelligence solutions for the insurance sector.