

Product: Explainable, human-centric AI claims guidance platform for insurers (disability, workers' compensation, auto casualty).
Traction: Company-stated adoption by 70% of the top 15 U.S. disability carriers.
Funding: Series A $21M (Apr 12, 2022); total capital reported $26.1M as of Apr 2022.
Status: Signed agreement to be acquired by CCC Intelligent Solutions (Dec 20, 2024); became part of CCC in January 2025.
Size: Approximately 226 employees (company listing).
Insurance claims handling (improving triage, decision-making, and outcomes across disability, workers' compensation, and P&C auto casualty).
2019
Insurtech (insurance + AI)
Company references seed/early rounds in 2019 and 2020; participating investors cited in reports include Plug and Play, Foundation Capital, FirstMark.
$21M
TechCrunch reported the $21M Series A; total capital raised reported as $26.1M as of this announcement. Participating investors included First Round Capital, FirstMark, Foundation Capital, Altai Ventures, Asymmetric Ventures and strategic/industry investors such as New York Life Ventures, Guardian Life, Sedgwick, Reliance Standard Life.
Crunchbase lists a Series B with Brewer Lane Ventures as lead; Principal Financial Group is reported as a strategic investor in the Series B round alongside other investors such as Foundation Capital, First Round Capital, and FirstMark.
“Backed by venture firms (Brewer Lane Ventures, First Round Capital, FirstMark, Foundation Capital) alongside strategic insurance investors (New York Life Ventures, Guardian Life, Sedgwick, Principal Financial Group, Reliance Standard Life).”
EvolutionIQ’s mission is to improve the lives of injured and disabled workers and enable them to return to the workforce, saving billions of dollars in avoidable costs and lost productivity to the US and global economies and make insurance more affordable for everyone. We are currently experiencing massive growth and to accomplish our goals, we are hiring world-class talent who want to help build and scale internally, and transform the insurance space. Our team is our #1 priority, and we have been named one of Inc.’s Best Workplaces 3 years in a row! : An ML expert who thrives on first principles problems that no one has ever worked on before. You love innovation and making an immediate impact – and are constantly driving toward launch and delivery thanks to your high degree of ownership and control. You love working on new and challenging problems – not incremental or marginal improvements – and you're supercharged by having interesting, unsolved problems continually present themselves. - Build ML models for production use - Perform in-depth exploratory data analysis to scope ML opportunities, identify potential issues in the data, and lay the groundwork for model design, training & evaluation strategies - Suggest and implement new features to improve model performance and business logic - Write and review production-quality PRs daily - Translate client business problems into ML problems - Build scalable machine learning models for claim time series forecasting and NLP text understanding - Continue to grow and learn in the data & ML space with a focus on business problems that require making sense of large-scale structured and unstructured datasets : - You are an ML Engineer / Data Scientist with 3+ years of experience, especially in highly scalable production environments. - You have deep exposure to data science & ML tech stacks (sklearn, Keras / PyTorch, tuning frameworks), data analysis & modeling, feel at home in Python/Pandas/Jupyter, and strive for scalable technical concepts and solutions. - You’re a team player who is solutions-oriented. - You have crisp written and verbal communication skills and can effectively correspond between technical and non-technical audiences. - Knowledge of Dagster, BigQuery, Vertex AI, GCP, Terraform, Spark, Kubernetes - Owned and deployed, and maintained model-serving pipelines in production - Expert skills at writing clean, efficient, and easy-to-understand code with unit tests and functional design patterns - Experience with advanced statistical modeling, especially probabilistic programming - Ambitious, collaborative, and empathetic values - A work style that is open to giving and receiving critical feedback and collaborating effectively across teams - Compensation: the compensation range for this role is 190-210K (with flexibility) depending on experience, as well as equity plan offered. - Well-Being: Full medical, dental, vision, short- & long-term disability, 401k matching. 100% of the employee contribution up to 3% and 50% of the next 2%. - Home & Family: Flexible PTO, 100% paid parental leave (16 weeks for primary caregivers and 12 weeks for secondary caregivers), sick days, paid time off. For new parents returning to work we offer a flexible schedule. We also offer sleep training to help you and your family navigate life schedules with a newborn. - Office Life: Ability to work hybrid. Catered lunches, happy hours, and pet-friendly office space, and home office stipend. - Growth & Training: $1,000/year for each employee for professional development, as well as upskilling opportunities internally - Sponsorship: We are open to sponsoring candidates currently in the US who need to transfer their active H1-B visa.