Akur8 Secures $120 Million in Series C Funding to Boost Actuarial Platform
The investment, led by One Peak and Partners Group, aims to enhance product innovation and expand global market reach.
- Akur8 has raised a total of $180 million with the latest $120 million Series C funding round.
- The funding will drive product innovation, including the development of new modules Optim and Deploy.
- Akur8 plans to leverage its recent acquisition of the Arius reserving platform to bridge the gap between reserving and pricing.
- The company aims to accelerate its global expansion, focusing particularly on North American markets.
- The investment is supported by One Peak and Partners Group, who share Akur8's vision for innovation and customer excellence.