Gradient AI
Founded Year
2012Stage
Series C | AliveTotal Raised
$87.05MLast Raised
$56.1M | 1 yr agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-8 points in the past 30 days
About Gradient AI
Gradient AI specializes in artificial intelligence solutions for the insurance sector. The company offers a software-as-a-service platform that utilizes AI to enhance underwriting results, minimize claim costs, and boost operational efficiency. Gradient AI primarily serves the insurance industry, including carriers, MGAs, TPAs, and other related entities. It was formerly known as Milliman - Gradient A.I. It was founded in 2012 and is based in Boston, Massachusetts.
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ESPs containing Gradient AI
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The claims analytics software market enables insurance companies to automate claims adjuster workflows and derive insights from claims data. These solutions may leverage data analytics, generative AI, robotic process automation, statistical modeling, and machine learning techniques to help insurers gain a deeper understanding of their claims processes, improve decision-making, and optimize claims …
Gradient AI named as Leader among 15 other companies, including UiPath, Verisk, and Appian.
Gradient AI's Products & Differentiators
Underwriting Platform
Gradient’s Underwriting Platform utilizes artificial intelligence and machine learning to provide real-time and automated solutions built to augment internal underwriting departments. Gradient combines your data with additional data sets curated by Gradient to complement your policy history. We use millions of policies, claims and demographic data sets to provide you with pricing insights far beyond what your underwriters can glean from a traditional application. Specific solutions include: Risk Ranking Broker Analytics Claims Severity Loss Ratio Targeting Premium Leakage Payroll Class Codes Group Benefits Underwriting
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Research containing Gradient AI
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Gradient AI in 4 CB Insights research briefs, most recently on Dec 18, 2023.
Dec 18, 2023
The P&C claims tech stack market map
Nov 10, 2023
The health insurance tech stack market map
Expert Collections containing Gradient AI
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Gradient AI is included in 5 Expert Collections, including Insurtech.
Insurtech
3,403 items
Companies and startups that use technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience
Fintech
9,809 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Insurtech 50 (2024)
50 items
Report: https://www.cbinsights.com/research/report/top-insurtech-startups-2024/
Insurtech 50
50 items
Report: https://www.cbinsights.com/research/report/top-insurtech-startups-2024/
Artificial Intelligence (AI)
20,629 items
Latest Gradient AI News
Oct 20, 2025
Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions in the insurance industry, is partnering with Connexure, a leading provider of quoting, underwriting, and administrative software for the self-funded market, to strengthen risk management capabilities and empower organizations to increase speed and enhance workflows. The collaboration combines Gradient AI’s advanced Risk Management Life Cycle solution with Connexure’s ESLoffice platform, an integrated workflow management system designed specifically for the unique needs of stop loss insurance carriers and underwriters. Connexure, an Atlanta-based innovator in vertical software solutions, chose to partner with Gradient AI to advance workflow automation by integrating its intuitive, automated platforms with Gradient AI’s predictive analytics. This partnership is designed to reduce operational friction and enhance efficiency by consolidating data and insights into a single, seamless experience, according to the companies. “Our partnership with Gradient AI aligns seamlessly with our mission to unify the self-funded ecosystem through system interoperability,” said Connexure chief revenue officer Chris White. “The two organizations are uniquely positioned to drive better outcomes with the pairing of Connexure’s underwriting and administration workbench automation, with cutting-edge, AI-driven analytics from Gradient AI. Based on feedback from our clients, it’s clear that this partnership fills a big need in the market right now.” For existing customers using both platforms, the partnership provides a more integrated workflow, enabling faster, more informed decision making and improved outcomes. “We are excited to collaborate with Connexure to bring the joint power of seamless, end-to-end workflow and dynamic AI-driven predictive analytics and insights together to our customers,” said Stan Smith, founder and CEO of Gradient AI. “We are bringing together proven technologies to solve one of the industry’s biggest challenges. The synergy between intelligent automation and predictive analytics positions us to drive real value and better outcomes.” For more information about this news, visit https://connexure.co/ or www.gradientai.com . Free
Gradient AI Frequently Asked Questions (FAQ)
When was Gradient AI founded?
Gradient AI was founded in 2012.
Where is Gradient AI's headquarters?
Gradient AI's headquarters is located at 1 Marina Park Drive, Boston.
What is Gradient AI's latest funding round?
Gradient AI's latest funding round is Series C.
How much did Gradient AI raise?
Gradient AI raised a total of $87.05M.
Who are the investors of Gradient AI?
Investors of Gradient AI include Sandbox Insurtech Ventures, Forte Ventures, MassMutual Ventures, Stone Point Capital, Centana Growth Partners and 7 more.
Who are Gradient AI's competitors?
Competitors of Gradient AI include Further AI, ZestyAI, Qumis, Charlee.ai, CLARA Analytics and 7 more.
What products does Gradient AI offer?
Gradient AI's products include Underwriting Platform and 2 more.
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Compare Gradient AI to Competitors
CLARA Analytics operates in the insurance sector, focusing on claims management. The company provides machine learning products that assist in claims processing by analyzing medical notes, bills, and other claim-related documents. It was founded in 2017 and is based in Sunnyvale, California.
Pinpoint Predictive specializes in risk selection for the property and casualty insurance sector. Its main offerings include a risk selection platform that utilizes behavioral predictors and advanced artificial intelligence to improve insurers' loss ratios and provide individual-level risk assessments. The company primarily serves the property and casualty insurance industry. It was founded in 2015 and is based in San Mateo, California.
Insurity provides cloud-based software solutions for the property and casualty (P&C) insurance industry. The company offers a suite of software products, including policy administration, billing, claims management, and analytics, aimed at improving operations and aiding decision-making for insurers. It primarily serves insurance carriers, brokers, managing general agents (MGAs), and other entities within the insurance sector. The company was founded in 1985 and is based in Hartford, Connecticut.
InsurAnalytics is a data analytics company focused on the insurance sector, specializing in data analysis. The company provides AI and machine learning solutions for claims processing and predictive analytics. InsurAnalytics serves the insurance industry with its cloud-based solutions. It was founded in 2018 and is based in Mountain View, California.
Shift Technology specializes in AI decision-making solutions for the insurance industry. The company offers a suite of products that automate and optimize decisions in areas such as fraud detection, claims processing, and underwriting risk assessment. Its AI-driven tools are designed to enhance operational efficiency and improve the policyholder experience. It was founded in 2014 and is based in Paris, France.
Friendly is a global artificial intelligence (AI) platform that provides solutions for the insurance and financial services sectors. The company offers tools that digitize and organize medical and financial data into structured insights, aiding in decision-making in underwriting, claims processing, and treaty analysis. Friendly's technology automates data analysis, risk assessment, and claims adjudication. Friendly was formerly known as Friendly Health Technologies Inc.. It was founded in 2019 and is based in San Francisco, California.
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