The Series A financing follows Carpe Data's successful company spin-off of Social Intelligence. The company relaunched in October 2016 to focus solely on the insurance data market. Today, the company is in full growth mode, witnessing an increasing uptake for its products that serve P&C and life insurance companies. Carpe Data has added dozens of new customers in the last year, while tripling revenue. They are also adding and expanding partnerships with the major data providers to enable faster and broader distribution of their core products. ATG invests in early and growth stage technology companies that are bringing innovation to the insurance and financial services ecosystems. Insuretech is a core focus of ATG, which saw a record number of financings in 2016.[1] As part of the investment, Max Chee of ATG will join Carpe Data's Board of Directors.

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