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Founded Year

2022

Stage

Series B | Alive

Total Raised

$415M

Valuation

$0000 

Last Raised

$350M | 1 yr ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+10 points in the past 30 days

About Adept

Adept operates as a company focused on machine learning and artificial intelligence in the technology sector. The company's main service involves building a machine learning model that can interact with various software tools, application programming interfaces (APIs), and websites, converting user's goals expressed in plain language into actions. It primarily serves the technology and software industries. The company was founded in 2022 and is based in San Francisco, California.

Headquarters Location

660 Alabama Street Suite 3

San Francisco, California, 94110,

United States

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Expert Collections containing Adept

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Adept is included in 5 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,229 items

A

Artificial Intelligence

11,370 items

Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.

A

AI 100

100 items

G

Generative AI 50

50 items

CB Insights' list of the 50 most promising private generative AI companies across the globe.

G

Generative AI

506 items

Companies working on generative AI applications and infrastructure.

Latest Adept News

Nacional Re to utilize ACORD platform for data exchange automation

Feb 6, 2024

Integration will enable the reinsurer to receive standardized messages Share Spanish reinsurer Nacional Re has announced that it will adopt the ACORD Solutions Group’s ADEPT ( ACORD Data Exchange Platform and Translator) for Global Reinsurance and Large Commercial (GRLC) to modernize and automate the processing of accounting and claims data within insurance documents. ADEPT, along with the integrated ACORD Transcriber service, facilitates the extraction of data and enables real-time data exchange throughout the global insurance sector. This technology allows Nacional Re to convert data from accounting and claims documents into standardized ACORD GRLC messages, which can then be easily integrated into the company’s reinsurance systems. This integration, it was stated in a Press release, allows Nacional Re to receive standardized GRLC accounting and claims messages from digital broker partners globally, enhancing connectivity and collaboration among industry stakeholders. The adoption of ADEPT and the ACORD Transcriber is expected to reduce the reliance on manual data entry at Nacional Re, streamlining operations and enhancing the accuracy and speed of data exchanges with brokers and cedents worldwide. “This partnership marks a significant leap forward in reinsurance operations, as we now seamlessly integrate standardized document processing for technical accounts,” Nacional Re director of transformation and technology David Santander Díaz said. “Through ADEPT and ACORD Transcriber, Nacional Re can realize the benefits of standardized digital data exchange, streamlining their processes and enabling greater connection to trading partners across the industry,” ACORD EVP and global managing director Chris Newman said. What are your thoughts on this story? Please feel free to share your comments below.

Adept Frequently Asked Questions (FAQ)

  • When was Adept founded?

    Adept was founded in 2022.

  • Where is Adept's headquarters?

    Adept's headquarters is located at 660 Alabama Street, San Francisco.

  • What is Adept's latest funding round?

    Adept's latest funding round is Series B.

  • How much did Adept raise?

    Adept raised a total of $415M.

  • Who are the investors of Adept?

    Investors of Adept include Addition, Greylock Partners, Atlassian Ventures, Microsoft, A.Capital and 17 more.

  • Who are Adept's competitors?

    Competitors of Adept include Tortus AI and 2 more.

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