Founded Year

2016

Stage

Series C | Alive

Total Raised

$48M

Last Raised

$20M | 1 yr ago

About Planck

Planck is a commercial insurance data platform, built to enable insurers to instantly and accurately underwrite any business. Planck's technology platform aggregates and mines large datasets, using advances in artificial intelligence (AI) to automatically generate and deliver key insights customized to the commercial underwriting process. The end result is an underwriting process with greater insurer visibility into risk factors, leading to improved new business conversion and retention rates and lower loss ratios.

Planck Headquarter Location

340 Madison Avenue 19th Floor

New York, New York, 10173,

United States

212-203-5817

ESPs containing Planck

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

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Insurance / P&C Insurance Tech

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.

Planck named as Leader among 13 other companies, including Bold Penguin, Convr, and Squirro.

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Planck's Products & Differentiation

See Planck's products and how their products differentiate from alternatives and competitors

  • Planck AI Platform

    With just a business name and address, Planck’s artificial intelligence data platform creates all relevant underwriting insights in real time, with over 90% accuracy and coverage.

Expert Collections containing Planck

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

Planck is included in 3 Expert Collections, including Insurtech.

I

Insurtech

3,595 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

9,093 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

7,442 items

US-based companies

Latest Planck News

10:00 EDT evowera Receives American Dental Association Certificate for planck O1 Electric Toothbrush

Aug 4, 2022

News provided by Share this article Share this article SHENZHEN, China, Aug. 4, 2022 /PRNewswire/ -- evowera, an up-and-coming technology firm in China that focuses on the consumer electronics industry, has received the American Dental Association (ADA) Seal of Acceptance for its planck O1 adaptive sonic electric toothbrush (planck O1). The ADA is the largest dental association in the U.S., representing 161,000 dental professionals. As the premier source of oral health information, the ADA has promoted the art and science of dentistry since 1859, advocating for the dental health of the public ever since. The ADA Seal of Acceptance has been the leading mark of dental product safety and efficacy for 90 years, providing a valuable and respected guide on consumer dental care products. Being certified by ADA represents evowera's strict standards and its unwavering pursuit in consummate dental product development, and casts a light on the high quality and strong competitiveness of planck O1 as an innovative and market-disrupting dental care product. evowera was founded by four engineers - with backgrounds working in China's most reputable drone company - in 2017 with the goal of developing high-performance consumer electronics. The planck O1 is the brand's first product and it has received great attention from professionals and consumers since it first launched in the end of  2020. The planck O1 can deliver a powerful brushing performance with an output of 42,000 strokes per minute at only 42dB(A). Thanks to hypermag™, an industrial-level servo motor with noise-reduction technology that was fully developed by evowera Labs, it allows users to enjoy an ultimate teeth-cleaning activity with an unprecedented comfortable experience. This type of motor has been applied in medical services, robotics and aeronautics, but this marks the first time that a company has successfully applied an industrial motor to an electric toothbrush. With evowera's advanced smart technology, the planck O1 is well known for its proprietary adaptive mode, which can create an exclusive personalized profile by analyzing users' cleaning targets based on their daily brushing behavior, habits and other related inputs, ultimately forming a setting that perfectly suits each individual user and ensuring great cleaning results. The built-in display provides a post-brush report that includes blind zones, pressure and duration as well as useful information such as brush head degradation and battery life. As the second product in the planck series, the evowera planck mini smart manual toothbrush (planck mini) was recently launched in China and it covers the full spectrum of different ages including children, adults and the elderly. Featuring a smart sensor and iconic screen, planck mini enables manual toothbrush users to understand their brushing performance as well. In addition, it helps parents observe their children's teeth-cleaning results and offer effective guidance no matter at home or remotely. The planck mini will be available soon on Amazon.com . "We want to help users improve their brushing efficiency and quality by providing more intuitive options. Our team has devoted itself to the oral hygiene industry for five years now, tirelessly concentrating on pushing the limits of technology in this field. Through increased technological breakthroughs, we believe we can offer more advanced oral products to consumers moving forward, allowing them to enjoy the ultimate dental experience in their own homes," said by Yihan liu, the CEO of evowera. "We believe small improvements enable people to live more intelligent lives." Moving forward, evowera will continue to bring more high-quality dental products and other smart electric appliances to provide technology-driven solutions for customers. About evowera: evowera, part of Shenzhen EVOWERA Technology Co.,Ltd, was founded in 2017 with a goal of developing high performance consumer electronics. The brand name "evowera" originates from "evolutionary eras we implement". As alumni of DJI – the world's pioneer drone company – the founding team's motivation to create evowera came from the inspiration of integrating advanced propulsion systems with consumer electronic products, and the desire to bring unprecedented product experiences to customers through countless iterations of fundamental technologies with the endless pursuit of quality. evowera believes even a small improvement in product performance could revive traditional products in a whole new light. SOURCE evowera

Planck Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Planck Rank

  • When was Planck founded?

    Planck was founded in 2016.

  • Where is Planck's headquarters?

    Planck's headquarters is located at 340 Madison Avenue, New York.

  • What is Planck's latest funding round?

    Planck's latest funding round is Series C.

  • How much did Planck raise?

    Planck raised a total of $48M.

  • Who are the investors of Planck?

    Investors of Planck include Eight Roads Ventures, Arbor Ventures, Team8 Capital, Viola Ventures, Greenfield Partners and 7 more.

  • Who are Planck's competitors?

    Competitors of Planck include Artificial Labs, Chisel AI, App Orchid, Carpe Data, NeuralMetrics, Wenalyze, Squirro, Micruity, Verikai, Digital Fineprint and 37 more.

  • What products does Planck offer?

    Planck's products include Planck AI Platform.

You May Also Like

Carpe Data Logo
Carpe Data

Carpe Data provides next-generation predictive scoring and data products to P&C and life insurance companies. Leveraging the social web, online content, wearables, connected devices, and other forms of next-generation data Carpe Data's products enables insurers to more accurately predict risks and innovate with new products to meet changing customer habits. Carpe Data was founded in 2016 and is based in Santa Barbara, California.

Cytora Logo
Cytora

Cytora provides AI-powered solutions for the commercial insurance industry. The company enables underwriting for commercial insurance via the Cytora API-enabled Underwriting Platform that allows insurers to underwrite more efficiently and deliver fairer prices to their customers.

G
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.

Powerlytics Logo
Powerlytics

Powerlytics provides data products that are sourced from IRS tax returns, the Census Bureau, and other government agencies. The company's database provides detailed comparative metrics geared to the needs of many professionals including financial services professionals, consultants, auditors, tax professionals, CFOs, Boards of Directors and others.

Explorium Logo
Explorium

Explorium is a data science company that helps companies get better data to feed into their predictive models. Explorium's engine can ingest a company's data, connect with tens of thousands of external data sources, and then generate predictive features/variables from these external sources automatically, running its own machine learning models to ensure that the most relevant, predictive data is added, building more accurate machine learning models.

EasySend Logo
EasySend

EasySend offers a no-code customer experience platform for building and optimizing digital customer journeys. EasySend helps enterprises go digital by converting paper, PDFs, and manual processes into fully-branded customer journeys for any use case. With the platform, users can design, build and launch digital customer processes in days, and continually optimize with advanced analytics. The company serves banking, healthcare and insurance enterprises. It was founded in 2016 and is based in Tel Aviv. Israel.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.