Full-Time
Confirmed live in the last 24 hours
Decision intelligence solutions for insurance industry
No salary listed
Mid, Senior
Company Does Not Provide H1B Sponsorship
London, UK
Requires being in the office 2-3 days a week.
hyperexponential focuses on improving the insurance industry by using decision intelligence to enhance how insurers make choices. Their solutions address issues like disconnected systems and outdated processes that hinder effective decision-making. By combining actuarial knowledge with engineering skills, hyperexponential creates software that allows insurance teams to make decisions more quickly and intelligently. This software enables better collaboration, more frequent model updates, and access to a wider range of tools. What sets hyperexponential apart from competitors is their commitment to working closely with clients, ensuring that their software not only meets current needs but also adapts to future challenges. The company's goal is to help insurance organizations embrace digital transformation, boost productivity, and improve overall performance.
Company Size
201-500
Company Stage
Series B
Total Funding
$91M
Headquarters
London, United Kingdom
Founded
2017
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Health Insurance
Mental Health Support
Individual Wellbeing Allowance
Company Pension Scheme
Private Healthcare Insurance
Unlimited Paid Time Off
Training Programs
Top-Spec Equipment
The European tech ecosystem has continued to evolve rapidly with software companies playing a central role in driving innovation across various industries. With €3.6 billion raised in the first three quarters of 2024, the software industry demonstrates its importance in this dynamic landscape. Companies increasingly focus on enhancing operational efficiency, leveraging emerging technologies like artificial intelligence, blockchain, and cloud computing, and addressing the growing demand for digital transformation services. As we look towards 2025, the European software sector is poised for further growth. Companies are expected to increase investments in research and development to bring next-generation solutions to market, particularly in areas like cybersecurity, automation, and sustainable technology. The emphasis will likely shift towards creating more integrated, scalable, and user-friendly solutions, catering to an increasingly diverse client base that spans both large enterprises and smaller, fast-growing startups
Hyperexponential has introduced a new reinsurance pricing model aimed at cutting development time for treaty models by up to 80%.
London-based insurtech Hyperexponential has unveiled its first templated reinsurance model for treaty reinsurance.
British insurtech company Hyperexponential has secured $73m (£57.3m) funding in a Series B round backed by Silicon Valley investor Andreessen Horowitz.
London-based insurance industry startup hyperexponential has today announced the close of a $73 million Series B funding round. The investment is aimed at supporting the company’s US market entry.The round was led by Battery Ventures and saw Andreessen Horowitz (a16z) participating alongside existing Series A investor Highland Europe.Founded in 2017, hyperexponential offers mathematical modeling software for the commercial insurance sector. The company’s client roster includes insurers such as Aviva, HDI, and Conduit Re.While all businesses strive to stay one step ahead of the game, perhaps no other industry has the mandate of foreseeing the future than that of insurance. Not only to serve its clients best, but also, being able to put pinpoint accuracy to risk assessment is what drives P&L statements.For insurers, today’s risk assessment includes factors such as climate change, geopolitical unrest, and cyberterrorism. Traditional pricing models are either completely obsolete or sorely in need of updates or augmentation. Hyperexponential serves both purposes.According to hyperexponential, since its $18 million Series A round in min-2021, the startup has grown sales by a factor of 10x and remains profitable.“We’ve focused on building a capital-efficient, independent business that was both high-growth and sustainable from the outset