Founded Year

2016

Stage

Series C | Alive

Total Raised

$32M

About Groundspeed Analytics

Groundspeed Analytics uses machine learning for commercial insurance data automation, to help brokers and carriers improve financial performance. The Groundspeed platform automatically turns loss runs, exposure documents and policy files into actionable information, empowering users to identify profitable pools of risk and drive better financial outcomes.

Groundspeed Analytics Headquarter Location

2373 Oak Valley Drive Suite 150

Ann Arbor, Michigan, 48103,

United States

734-478-0232

ESPs containing Groundspeed Analytics

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Fintech / Insurtech

Underwriting data platforms bring together third-party alternative datasets, such as social media activity logs, public records, and demographic information. Insurers can tap into these new data sources to augment their own internal datasets and, ultimately, enhance the speed and quality of the underwriting process.

Groundspeed Analytics named as Leader among 14 other companies, including Bold Penguin, Convr, and Squirro.

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Groundspeed Analytics's Products & Differentiation

See Groundspeed Analytics's products and how their products differentiate from alternatives and competitors

  • Rapid Fusion Data Pipeline

    Our data pipeline ingests, classifies, extracts, energizes, and transforms documents such as loss runs, exposure schedules, emails, and other submission documents. We transform unstructured information into actionable and energized data. Unlocking the information trapped in commercial submission documents enables our clients to improve their understanding of risk while creating process efficiencies.

    Differentiation

    We securely ingest a variety of document types such as loss runs, exposure schedules, applications, and others in multiple formats like PDFs, Excel documents, images, and emails via API. Groundspeed… 

Research containing Groundspeed Analytics

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Groundspeed Analytics in 4 CB Insights research briefs, most recently on Jan 7, 2021.

Expert Collections containing Groundspeed Analytics

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

Groundspeed Analytics is included in 4 Expert Collections, including Fintech 250.

F

Fintech 250

500 items

250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.

I

Insurtech

3,564 items

Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience

A

Artificial Intelligence

9,051 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

F

Fintech

7,431 items

US-based companies

Latest Groundspeed Analytics News

07:00 ET Groundspeed Announces Record Growth and Expands Leadership Team

Feb 3, 2022

A fast-growing customer base and three new executive hires position Groundspeed to power smarter business insurance through the exchange of intelligent data. News provided by Share this article Share this article ANN ARBOR, Mich., Feb. 3, 2022 /PRNewswire/ --  Groundspeed , a leading provider of SaaS-delivered smart submission and analytics solutions to the property & casualty insurance industry, announces the company more than doubled its number of customers in the second half of 2021, and has hired three key executives in the past few months: Vishal Srivastava as Vice President of Engineering, Devon Watts as Vice President of Marketing, and Danielle Hurley as Vice President of Sales. Groundspeed had a successful year of empowering underwriters across the property & casualty insurance industry to make better, faster decisions. In fact, in just the last 6 months of 2021, Groundspeed doubled the number of carriers it serves with its Rapid Fusion technology. This expanded customer base, along with the recent strategic hires, will help Groundspeed achieve its mission to power smarter business insurance through the exchange of intelligent data. "Groundspeed experienced record-breaking momentum in 2021 and we're excited to continue to grow and scale as we strengthen our leadership team," said Jeff Mason, CEO of Groundspeed. "With the added technical and go-to-market expertise that these leaders bring, we are better positioned to reach and serve even more commercial insurance carriers and brokers to transform their businesses. " Vishal Srivastava joins Groundspeed as Vice President of Engineering, where he'll lead the company's engineering, data science, enablement, and automation efforts. Prior to Groundspeed, Srivastava worked for Marcus – the consumer division of Goldman Sachs –as vice president. There, he helped build algorithms that power the Marcus app, deposits, and card businesses. Srivastava received his Bachelor of Technology from Cochin University and later a Master of Science in Computer Science from Columbia University. As Vice President of Marketing, Devon Watts will be responsible for positioning Groundspeed as the thought and market leader for smart submission and analytics in property & casualty insurance. Previously, Watts led marketing teams at Asana, Carta, and most recently RollWorks. At Asana she established the brand and positioning that drove the company's pre-IPO hypergrowth. Watts started her career working in global health and development for international NGOs before getting to tech. She holds a Bachelor of Arts from Princeton University. Transitioning from a similar role at her previous employer, Danielle Hurley comes to Groundspeed as the new Vice President of Sales, where she will lead the company's sales teams. At her last position, Hurley built out Feedzai's forecasting, revenue reporting, and SDR process in addition to tripling the company pipeline. Prior to Feedzai, Hurley worked in financial sales and began her career in investment banking with Goldman Sachs. Hurley received her Master of Arts in Modern History at Oxford University and her Master of Arts in Journalism and Digital Media from Cardiff University. To learn more about how Groundspeed can help unlock the value in your unstructured data, visit www.groundspeed.com . About Groundspeed Analytics Groundspeed Analytics is a leading provider of SaaS-delivered submission and placement technology to the commercial P&C industry. By accessing Groundspeed's Rapid Fusion API, the company's enterprise data pipeline solution, insurance carriers and brokers can automate the ingestion and enrichment of unstructured risk information. For more information, visit  www.groundspeed.com . SOURCE Groundspeed Analytics

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  • When was Groundspeed Analytics founded?

    Groundspeed Analytics was founded in 2016.

  • Where is Groundspeed Analytics's headquarters?

    Groundspeed Analytics's headquarters is located at 2373 Oak Valley Drive, Ann Arbor.

  • What is Groundspeed Analytics's latest funding round?

    Groundspeed Analytics's latest funding round is Series C.

  • How much did Groundspeed Analytics raise?

    Groundspeed Analytics raised a total of $32M.

  • Who are the investors of Groundspeed Analytics?

    Investors of Groundspeed Analytics include Oak HC/FT Partners, Insight Partners, Michigan Angel Fund, Tappan Hill Ventures and ManchesterStory Group.

  • Who are Groundspeed Analytics's competitors?

    Competitors of Groundspeed Analytics include Chisel AI, Alan, Digit Insurance, BIMA, Carpe Data, PolicyGenius, Hyperscience, Digital Fineprint, Metromile, Coalition and 21 more.

  • What products does Groundspeed Analytics offer?

    Groundspeed Analytics's products include Rapid Fusion Data Pipeline.

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