Data Science Investment Counter —Funding raised by UK data science companies in 2017 as of today
£ 258.765 Million
insurtech

Sherpa, a UK-based startup that uses Artificial Intelligence to provide price comparison for insurance products, has raised £1.79 million ($2.3 million) in Seed from InsurTech.VC, alongside several angel investors. The company leverages the power of AI to build a tailored risk profile for each user, and keep them updated regarding changes in risk and in the cost […]

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Global investments in Insurance technology were overwhelmingly directed to Artificial Intelligence and Internet of Things (IoT) startups as of 2016, a report by consultancy firm Accenture reveals. The survey , called “The Rise of InsurTech”, analysed 450 deals in the so-called InsurTech field—carried out between 2014 and 2016— finding  a 79 percent increase in the number […]

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What is the impact of an earthquake in Japan on the price of coal in China? How are terrorist attacks affecting the supply chain of petrochemical products? Can we read the world to understand which investments make sense, and which do not? A UK startup born in the halls of Cambridge University is using Artificial […]

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Bought By Many, a London-based startup helping people from niche groups get insurance at convenient rates, has raised £7.5 million in a Series A round. The funding tranche was led by Octopus Ventures and included Munich Re/ HSB Ventures and others. The round more than doubles the company’s previous total fundraising of £5m . Founded in 2012, Bought By […]

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London-based Artificial Intelligence startup Cytora has secured £2.4 million in a Series A round led by Parkwalk, and backed by Cambridge Enterprise, iLexIR , and a consortium of angel investors. Founded in 2013 by Andrzej Czapiewski, Aeneas Wiener, Richard Hartley, and Joshua Wallace, the company uses machine learning algorithms to scan the web in real time and detect […]

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