Seed · Fintech
Soteris: Seed
Soteris uses machine learning to help property and casualty carriers and managing general agents improve loss ratios and profitability. Its AI profit-optimization product identifies individual policies that drag down results; the company says its platform has scored more than 100 million submissions covering over $180 billion in premiums.
The business
Soteris came out of stealth after more than five years of product development. Its existing tools help carriers and managing general agents sharpen loss ratios, while its new AI profit-optimization product flags policies that quietly reduce profitability. The company says the platform has analyzed more than 100 million submissions across over $180 billion in premiums.
Funding history
Seed · This roundUndisclosed