Convr
Underwriting & document automation platform
- 21-100 employees
- B2B
- Artificial Intelligence
- Insurance
- Machine Learning
- SaaS
- Automation
- Schaumburg Township, Schaumburg, IL
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Company mission
To make life-changing impact on the people behind the business.
Our take
With the complexity of compliance regulations increasing and new obstacles constantly appearing for businesses, making informed risk decisions has become more difficult. To help underwriters do just this, Convr supplies tools to help them navigate the continuously changing nature of financial risk and correctly evaluate opportunity and risk.
Features include analysis for third-party business data, automated assessment of financial documents, and AI-driven answering of underwriting questions. Together, these tools can be used to efficiently and effectively evaluate the risk associated with underwriting for a business.
Convr's rather niche focus in the way it applies AI and automation should help it stand out as these type of solutions become more prevalent across sectors and applications. The company is well-funded, and we expect it will continue investing in R&D and the broadening of its operations.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Hybrid/remote work opportunities
- Flexible paid time off
- Flexible work hours
- Company-paid holidays
- Insurance coverage day one
- 401(k) and stock options
- 401(k) financial advice
- Employee peer reward program
- Personal and professional development opportunities
- Paid parental leave
Funding (2 rounds)
Nov 2019
$15.2m
SERIES B
Sep 2017
$2.5m
SERIES A
Total funding: $17.7m
This company has top investors
Leadership
Harish Neelamana
(Founder & President)Started their career as a Consultant at Pentafour and EY, before working in Management at Capgemini and Allstate Insurance Company. They then spent a combined 9 years at BCG and Zurich before founding Convr.