
UrbanStat is a property underwriting platform that leverages geospatial analytics and AI to help insurance carriers improve their loss ratios by up to 7%. With over 20 modules, it offers comprehensive solutions for risk selection, exposure management, and portfolio analytics across the US, Canada, and Europe. The platform integrates seamlessly with existing systems and provides detailed insights through its risk scoring algorithms and data coverage, making it a one-stop shop for underwriting teams.

UrbanStat is a property underwriting platform that leverages geospatial analytics and AI to help insurance carriers improve their loss ratios by up to 7%. With over 20 modules, it offers comprehensive solutions for risk selection, exposure management, and portfolio analytics across the US, Canada, and Europe. The platform integrates seamlessly with existing systems and provides detailed insights through its risk scoring algorithms and data coverage, making it a one-stop shop for underwriting teams.
Founded: 2014
Headquarters / Expansion: Founded in Istanbul; reincorporated / expanded to North America (U.S.) in 2017
Product: SaaS property underwriting platform using geospatial analytics, hazard models, and machine learning
Geographic coverage: Address-level data across the U.S., Canada, and Europe
Reported funding: Seed-stage funding including a $500,000 investment (Tarik Yildirim via Mjolk BV); total reported funding $600,000 (USD)
Property insurance underwriting, risk selection, exposure management, and portfolio analytics.
2014
InsurTech / Property insurance underwriting
500000
Investment associated with North American expansion and board appointment