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UrbanStat helps property and casualty insurers improve loss ratios using geospatial analytics and AI. It achieves this through a SaaS underwriting platform that models location-based risks and…

UrbanStat helps property and casualty insurers improve loss ratios using geospatial analytics and AI. It achieves this through a SaaS underwriting platform that models location-based risks and…
What they do: Geospatial analytics and ML-driven underwriting platform for property & casualty insurers
Founded: 2014 (Istanbul); reincorporated in US in 2017
Founders: Nilgün Dağ and Anil Çelik
Geographic coverage: US, Canada, Europe (location-level data across multiple countries)
Funding signal: Seed investment of ~$500,000 during 2017 U.S. expansion
Property & casualty insurance underwriting and portfolio risk analytics
2014
Finance
$500,000
Investment accompanied the company's 2017 expansion and U.S. reincorporation
“Seed investment and board involvement from Tarik Yildirim (via Mjolk BV)”
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