New York based data analytics platform for insurance providers raised $16m in Series B funding led by Team8 Capital.
Co-founder and CEO Elad Tsur told TechCrunch it currently works with “dozens of commercial insurance companies in the U.S., and among them are more than half of the top-30 insurers.” Clients include Chubb, Great American Insurance Group’s Republic Indemnity and AIG’s Attune. “Take a healthcare business as an example. Planck will return simple insights such as having an ER operations, and well as more complex insights such as the type of NIV equipment, opioids and type of surgeries performed in the business,” said Tsur.