Hyperexponential Ltd
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Hyperexponential Ltd - overview
Established
2017
Location
London, -, UK
Primary Industry
Software
About
Based in London, UK, and founded in 2017, Hyperexponential Ltd develops a SaaS platform designed to help actuaries, data scientists, and underwriters to build, deploy and update their insurance pricing models. The company was co-founded by Amrit Santhirasenan and Michael Johnson and is backed by Highland Europe from a venture funding round in June 2021. Hyperexponential's platform is called Renew, a web-based SaaS platform that’s custom-built for the deployment of statistical pricing and analytical models that calculate prices of insurance products. Renew takes care of the hosting requirements, provides customer support, technical consultancy, and security.
The company generates revenue through subscription fees from customers. Prices would depend on customers' needs with options ranging from full feature access and enterprise support to essentials packages. Hyperexponential plans to accelerate its growth, build out its software and bring its cloud-based tools and innovation to even more insurers and insurtech companies.
Current Investors
Highland Europe, Battery Ventures, Andreessen Horowitz
Primary Industry
Software
Sub Industries
Analytics & Performance Software, Accounting/Finance Software
Website
www.hyperexponential.com
Verticals
Cloud Computing, InsureTech
Company Stage
Series B
Total Amount Raised
Subscriber access only
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