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).
Company Overview
Problem Domain
Insurance claims handling (improving triage, decision-making, and outcomes across disability, workers' compensation, and P&C auto casualty).
Founded
2019
Industry
Insurtech (insurance + AI)
Tech Stack
Machine learning
Explainable AI
Claims data synthesis
Funding Track Record
Seed- 2019
Company references seed/early rounds in 2019 and 2020; participating investors cited in reports include Plug and Play, Foundation Capital, FirstMark.
Series A- 2022-04-12
$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.
Series B
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.
Investor Signal
“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).”
Founders
What we do
Join the Team
Senior Software Engineer
On-SiteNew York, US
On-Site • New York, US
Who you are
Extensive experience going through the full feature development life cycle: Working with product managers, deciding scope, designing a database schema for representing the data, considering the serving needs, working with designers to figure out UX, implementing the interface, and finally maintaining the feature/system
5+ years of engineering experience
Strong experience Python and Typescript and/or React
Strong Relational Database design
Experience designing, building and launching backend architectures that support multi-tenant, multi-user scenarios
Ability to remain agile and move between rapid prototyping and stable production development
Ability to write technical design documents, perform code reviews, and maintain state of the art engineering practices
You know the critical questions to ask in order to understand a client’s business problem and can show the business impact of your technical solutions
Team player who is solutions-oriented and exudes our ambitious, collaborative, and empathetic values
You have crisp written and verbal communication skills and the ability to effectively correspond between technical and non-technical audiences
A self-starter mindset with an eagerness to solve previously unsolved problems
Excellent collaboration skills and are open to giving and receiving critical feedback across teams
What the job involves
Benefits
Premium Medical Insurance Plan – Empire Blue Cross Blue Shield Medical insurance
401K with employer matching
Dental Coverage – Principal Financial
Life insurance / ACDC coverage – Reliance Standard
Vision – Reliance Standard
Short Term and Long Term Disability – Unum
Employee stock option plan
$500 to get you started setting up your home office and $200 every year for upgrades after that
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An ambitious Front End leaning Sr. Software Engineer who will be in the driver’s seat as we design and deliver the entire customer-facing application layer for our growing line of AI solutions
You thrive on fast, secure, consistent deployments and want to be in the lead thanks to your high degree of ownership and control
Scalability and reliability are hardwired into your DNA
You love defining the standards for a consistent development life cycle
And you’re supercharged by reducing friction in the engineering experience, making a fast impact, and having interesting, unsolved problems continually present themselves
Build a complex multi-tenant enterprise SaaS application to revolutionize insurance industry workflows
You'll be a key contributor to EvolutionIQ’s unified claims platform working closely with data science and data engineering teams to build a robust, scalable and intuitive web application
Build and maintain the backend REST server that feeds machine learning data and BI (Business Intelligence) data to our intuitive React frontend
Own the entire lifecycle of designing, building and launching enterprise applications
Work in greenfield projects where you have high levels of ownership
Work directly with the head of product, the data science team, UX designers, and end users
Have a key role and ownership in shaping the future of Evolution IQ’s products – from technology choices to building the roadmap
Provide crucial technical expertise, introduce new best practices to the team, drive consistency across all teams, and help prioritize features to increase our client impact
Continue to grow and learn in the engineering space with a focus on business problems that use large-scale structured and unstructured datasets
Our stack is built in React, NodeJS, Python, Okta and Postgres and we run on Google Cloud Platform
You’ll be the one who enables our machine learning team and data engineers to do their jobs efficiently as they harness vast amounts of complex, highly proprietary data that EvolutionIQ already has access to but that no one else has worked with before
And you’ll be an indispensable idea-generator on a fast-moving enterprise engineering team that uses the latest technologies at high scale
