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London based insurtech Hyperexponential closes $18m round

London based mathematical modeling platform for commercial insurers raised $18m in Series A funding led by Highland Europe at a post money valuation of $105m.

“The insurance industry is experiencing unprecedented growth, with data and technology being critical strategic drivers. Our software provides the tools that new entrants to the sector need in order to get to market with best-in-class analytics, and the functionality that incumbent insurers require in order to transform," said Amrit Santhirasenan, co-founder and CEO.

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analytics, insuretech, united kingdom