How much funding has Groundspeed raised?

Groundspeed has raised $44.2M in total funding, most recently a Venture Round.

Who are Groundspeed's investors?

Groundspeed's investors include Oak HC/FT, ManchesterStory, Insight Partners, 7wireVentures.

When was Groundspeed founded?

Groundspeed was founded in 2016.

Where is Groundspeed headquartered?

Groundspeed is headquartered in Ann Arbor, Michigan, United States.

What industry is Groundspeed in?

Groundspeed operates in Artificial Intelligence, Fintech, SaaS.

How many employees does Groundspeed have?

Groundspeed has 11-50 employees.

Groundspeed

Acquired

Unlock the Power of AI Underwriting

Ann Arbor, United States · Founded 2016 · $44.2M raised

Artificial Intelligence

Fintech

SaaS

Headquarters: Ann Arbor, Michigan
Employees: 11–50
Founded: 2016
Business Model: B2B

Website: groundspeed.com
Total Funding: $44.2M
Last Round: $2.0M Venture RoundJan 2021
Rounds: 4

About

Groundspeed Analytics is a leading provider of AI-powered submission and placement automation for the commercial property and casualty insurance industry. The company's API-based data pipeline ingests and enriches unstructured insurance submission documents, enabling carriers and brokers to automate data entry, improve underwriting accuracy, and accelerate placement workflows. Groundspeed was acquired by Insurance Quantified in June 2023.

Summary

Groundspeed is an Artificial Intelligence company based in Ann Arbor, United States, founded in 2016. It has raised $44.2M in total across 4 rounds, most recently a $2.0M Venture Round round in Jan 2021. Investors include Oak HC/FT, ManchesterStory and Insight Partners.