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Planck is the leading commercial insurance data platform, built to enable insurers to instantly and accurately underwrite any business. Planck's GenAI-enhanced underwriting workbench aggregates and…

Planck is the leading commercial insurance data platform, built to enable insurers to instantly and accurately underwrite any business. Planck's GenAI-enhanced underwriting workbench aggregates and…
What they do: AI-enhanced commercial insurance data platform for underwriting
Founded / HQ: 2016; New York and Tel Aviv
Recent status: Acquired by Applied Systems (July 2024)
Team size (approx.): ~110 employees
Commercial insurance underwriting; providing data, classifications and risk evidence to insurers.
2016
Insurance / Insurtech
$12M
Participation from Viola FinTech and Eight Roads
$16M
Participation from Viola FinTech, Arbor Ventures, Eight Roads, Nationwide and Hannover Digital Investments
$20M
Included 3L Capital and Greenfield Partners with returning investors
“Backed by strategic insurance and venture investors including Nationwide, IAG Firemark Ventures, Arbor Ventures, Viola FinTech, Eight Roads, Team8 Capital, 3L Capital and Greenfield Partners”
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