Akur8 modernizes the actuarial core of insurance with a cloud-based platform for pricing, reserving and risk modeling. Its differentiator is transparent machine learning: rather than a black box, Akur8 automates the creation of predictive pricing models while keeping every coefficient explainable and auditable, so actuaries retain control and can satisfy regulators. The platform compresses model build times from weeks to hours and now spans pricing, reserving and an expanding next-generation actuarial suite for non-life insurers, reinsurers and MGAs worldwide. Founded in 2019 in Paris, Akur8 has scaled across Europe and North America and serves a large roster of global insurers. In September 2024 it raised a $120M Series C led by One Peak, with Partners Group and existing investor Guidewire participating, bringing total funding to $180M, to expand its product portfolio and accelerate growth, especially in North America.
Akur8
ActiveTransparent machine-learning insurance pricing and reserving
Total raised
$120M
1 round
Stage
Series C
Team
11-50
since 2019
Pricing
Freemium
free plan
Founded
2019
Paris, France
Agent-ready
API
Score 40/100
Transparent ML pricing model automation
Reserving and loss development modeling
Explainable, auditable coefficients
Cloud-based collaborative actuarial workspace
Rapid model build (hours vs weeks)
Regulatory-friendly documentation
Risk and demand modeling
Deployment and monitoring of pricing models
40/100
Developing
MCP server
Public API
Webhooks
OAuth 2.0
SDKs
— Series C $120M incl. Guidewire Software +2
Capital network
$180M raised ·3 backers·5 network links
- Backers3
- Shared portfoliocompanies these backers also fund
- Extended networkfunds that co-invest alongside them
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- What is Akur8?
- A transparent machine-learning platform for non-life insurance pricing, reserving and risk modeling.
- Why transparent ML?
- Actuaries keep explainable, auditable coefficients so models can be validated and filed with regulators.
- How much has Akur8 raised?
- $180M total, including a $120M Series C in September 2024 led by One Peak.
- Who uses Akur8?
- Non-life insurers, reinsurers and MGAs across Europe and North America.
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