Arturo Raises $25 Million in Series B Funding for AI Platform to Help P&C Insurers and Banks Better Understand Physical Properties

28 Apr, 2021

Arturo Raises $25 Million in Series B Funding for AI Platform to Help P&C Insurers and Banks Better Understand Physical Properties
Photo by Sam Moqadam on Unsplash

– Arturo, an AI-powered platform that derives property insights and predictive analytics from aerial and satellite imagery, raised $25m in a Series B funding round led by Atlantic Bridge Capital, with participation from RPS Ventures and existing investors Crosslink Capital and IAG Firemark Ventures – the venture capital fund for IAG, Australia’s largest general insurer.
– With the capital in hand, Arturo plans to expand its technical team to refine its industry-leading technology, which extracts valuable property data from the latest satellite, stratospheric, aerial and ground-level imagery, as well as unique proprietary data sources, in as little as five seconds.

Artificial Intelligence Insurance Machine Learning North America Predictive Analytics Property Management Real Estate Investment
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