Akur8

Akur8

AI-powered SaaS pricing optimization for insurance

Overview

Akur8 helps insurance companies price risk more effectively with a cloud-based AI pricing platform. It automates the creation of production-ready statistical models called GAMs and GLMs using its own algorithms. Pricing teams can access these models through a SaaS API, plug the system into their data sources, and apply machine learning and analytics to forecast costs more accurately. Unlike many AI tools, Akur8 keeps models transparent, auditable, and editable, which supports compliance and gives customers control over their pricing logic. This makes it faster and easier for insurers to build predictive pricing models and improve profitability. In short, Akur8 enables faster, more accurate pricing decisions that help optimize the combined ratio and loss ratio.

About Akur8

Simplify's Rating
Why Akur8 is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

AI & Machine Learning

Financial Services

Company Size

201-500

Company Stage

Series C

Total Funding

$186.2M

Headquarters

Paris, France

Founded

2018

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Simplify's Take

What believers are saying

  • Slope acquisition on March 17, 2026 expands to life insurers.
  • Tune Protect partnership on April 7, 2026 accelerates P&C pricing.
  • Deploy launch on October 14, 2025 enables real-time production.

What critics are saying

  • Slope integration fails, causing tier-one life client churn in 6-12 months.
  • AWS embeds AutoML pricing, eroding Akur8 SaaS moat in 18-24 months.
  • AXA in-house AI displaces Akur8, slashing ARR in 12-24 months.

What makes Akur8 unique

  • Akur8 automates transparent GAM/GLM models for insurance pricing.
  • Akur8 Discover analyzes regulatory filings for market intelligence.
  • Akur8 Life integrates Slope's cash-flow modeling for life insurance.

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Funding

Total Funding

$186.2M

Above

Industry Average

Funded Over

5 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Above Average

Industry standards

$50M
$50M
Medium
$62M
SeatGeek
$100M
Oura
$120M
Akur8

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

401(k) Retirement Plan

401(k) Company Match

Remote Work Options

Hybrid Work Options

Paid Vacation

Paid Sick Leave

Paid Holidays

Unlimited Paid Time Off

Flexible Work Hours

Stock Options

Company Equity

Wellness Program

Mental Health Support

Gym Membership

Phone/Internet Stipend

Home Office Stipend

IT equipment allowance

Professional Development Budget

Conference Attendance Budget

Tuition Reimbursement

Professional Certification Support

Mentorship Program

Adoption Assistance

Family Planning Benefits

Fertility Treatment Support

Parental Leave

Relocation Assistance

Sabbatical Leave

Childcare Support

Elder Care Support

Commuter Benefits

Meal Benefits

Employee Discounts

Company Social Events

Growth & Insights and Company News

Headcount

6 month growth

-3%

1 year growth

-1%

2 year growth

-1%
New Straits Times
Apr 7th, 2026
Akur8 partners Tune Protect to enhance pricing capabilities.

Akur8 partners Tune Protect to enhance pricing capabilities. April 7, 2026 @ 5:10am Deeper Dive BETA Why is insurance shifting to embedded travel solutions? KUALA LUMPUR: Akur8 has teamed up with Tune Protect Malaysia to strengthen the insurer's pricing capabilities. Built specifically for insurers, Akur8's platform enhances pricing processes using proprietary machine-learning technology. Key benefits for the property and casualty insurance segment include faster model development, greater transparency through explainable outputs, and improved data-driven pricing decisions that can be clearly communicated across stakeholders. Tune Protect appointed representative Hans-Joachim Zimmermann said Akur8's risk module offers advanced tools and diagnostics that streamline the model selection process. "The rate module further improves efficiency by simplifying post-modelling analysis and implementation studies, effectively replacing a time-consuming spreadsheet-based approach," he said. By adopting Akur8 Pricing, Tune Protect's pricing team is able to accelerate pricing cycles while enhancing collaboration through more transparent and structured modelling. Zimmermann said the move marks a key step in strengthening pricing governance, improving operational agility, and accelerating data-driven decision-making across the organisation. Akur8 chief executive officer Samuel Falmagne lauded Tune Protect's continued efforts to strengthen its pricing mechanisms. "By equipping their teams with Akur8 pricing, we are supporting their journey towards more agile, transparent, and future-ready pricing processes at scale," he said.

GlobeNewswire
Mar 17th, 2026
Akur8 enters life insurance market with Slope Software acquisition

Akur8, an actuarial AI platform, has acquired Slope Software, a cloud-native actuarial modelling platform for life insurance and pensions. The deal expands Akur8's offering beyond non-life insurance into the life insurance and retirement savings market. Founded in 2015 in Atlanta, Slope Software has built a client base of major life insurers, reinsurers and consulting firms. Its SLOPE platform provides integrated cash flow modelling supporting projections across the contract lifecycle, from pricing and technical provisions to forecasting. Following the acquisition, SLOPE will be rebranded as Akur8 Life and benefit from Akur8's research and development capabilities. The combined entity will offer a unified solution for multi-line insurers covering both life and non-life actuarial needs. Akur8 currently serves over 300 clients across 40 countries.

GlobeNewswire
Mar 17th, 2026
Akur8 Enters Life and Annuity Insurance Market with Strategic Acquisition of Slope Software

PARIS and ATLANTA, March 17, 2026 (GLOBE NEWSWIRE) -- Akur8, the leading Global Actuarial AI platform, announced today it has acquired Slope Software, a...

Connectweb Technologies, Inc.
Mar 17th, 2026
Akur8 enters Life and Annuity insurance market with strategic acquisition of Slope Software.

Akur8 enters Life and Annuity insurance market with strategic acquisition of Slope Software. PARIS and ATLANTA, March 17, 2026 (GLOBE NEWSWIRE) - Akur8, the leading Global Actuarial AI platform, announced today it has acquired Slope Software, a cloud-native, all-in-one actuarial modeling platform for life insurers and pension firms. The transaction expands Akur8's offering beyond Property and Casualty (P&C) into the Life and Annuity (L&A) market, marking a pivotal milestone in its mission to serve actuaries worldwide with best-in-class tools and AI applied where they deliver the greatest impact. Built for total transparency and auditability, SLOPE is a fully hosted cash-flow modeling solution that supports projections across the policy lifecycle, from pricing and valuation to forecasting. Founded in 2015 in Atlanta, Georgia, Slope Software has built a strong customer base including tier-one life insurers, reinsurers, and consulting firms. The vision behind SLOPE was born from the same fundamental belief that inspired Akur8: unlocking the full potential of actuaries by empowering them to make better decisions faster, with tools embedded seamlessly into their workflows and designed to challenge the legacy status quo in actuarial modeling. SLOPE's transparent, cloud-native, user-friendly approach is a strong fit with Akur8's product DNA. Together, Akur8 and Slope Software will deliver a unified offering for multi-line carriers, providing a one-stop solution that supports both P&C and L&A actuarial needs. Following the acquisition, SLOPE will be integrated as Akur8 Life and will benefit from Akur8's R&D capabilities to accelerate innovation and product development. Management Comments Samuel Falmagne, CEO, Akur8 "Slope Software has built an exceptional platform that transforms how life actuaries work, and their vision mirrors our own: empowering actuaries with modern, intuitive tools that eliminate legacy constraints. Bringing SLOPE into the Akur8 family expands our reach into life insurance, and together we'll accelerate innovation and deliver even greater value to actuaries worldwide." Andy Smith, Co-founder and Chief Strategy Officer of Slope Software "The benefits of joining Akur8 are so clear. Akur8's vision and founder mindset are closely aligned with the one Taylor and I have for SLOPE, and with our combined resources we're well positioned to deliver a best-in-class actuarial platform, making Akur8 the obvious choice for anyone seeking a modern, flexible, and powerful actuarial solution." Taylor Perkins, Co-founder and Chief Technology Officer of Slope Software "Joining forces with Akur8 gives us the resources and R&D capabilities to scale our vision faster than we ever could alone. Our customers will benefit from enhanced innovation, expanded capabilities, and the backing of a global leader in actuarial technology. This partnership ensures that life actuaries will continue to receive the cutting-edge tools they need to excel in an increasingly complex market." About Akur8 Akur8's Global Actuarial AI Platform is transforming the insurance industry with an innovative suite of pricing and reserving solutions. Built on cutting-edge technology and actuarial excellence, Akur8 delivers speed, performance, transparency, and reliability for insurers of all sizes across Property and Casualty (P&C) and Life and Annuity (L&A) markets. Akur8 serves 300+ customers across 40+ countries, including global carriers AXA, Generali, Munich Re, Europ Assistance, Tokio Marine and MS&AD; personal and commercial P&C insurers TMNAS, FCCI, NEXT, HDVI and specialty P&C insurer Canopius. Over 3,000 actuaries use Akur8 daily to build their pricing models and reserving projections across all lines of business. About Slope Software Slope Software delivers SLOPE, a transparent actuarial modeling platform that provides complete visibility across the modeling lifecycle, from initial assumptions to resulting outputs. Built on cloud-native architecture and embedded with end-to-end traceability and control, SLOPE empowers actuaries to streamline workflows, deepen analysis, and deliver defensible decisions with confidence. Media Contact Vera Buttinger Head of International Marketing Akur8 [email protected]

FinTech Global
Jan 6th, 2026
Akur8 acquires Matrisk to launch AI-powered pricing intelligence platform

Akur8, an InsurTech provider specialising in insurance pricing and reserving, has acquired Matrisk, an AI-driven platform that converts unstructured regulatory filings into searchable market intelligence. Financial terms were not disclosed. The acquisition enables Akur8 to launch Akur8 Discover, a new product that uses AI to search and analyse Property & Casualty rate and rule filings. The tool allows insurers to benchmark rating strategies, track market developments across states and territories, and anticipate regulatory objections. Founded on transparent machine learning, Akur8 provides actuaries with solutions for building and deploying pricing models. The Matrisk acquisition expands its AI capabilities, particularly in large language models and unstructured data processing, strengthening its position as an actuarial platform for insurers modernising pricing workflows whilst maintaining regulatory alignment.

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