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Groundspeed Analytics
Commercial insurance submission automation & analytics
- 21-100 employees
- B2B
- Artificial Intelligence
- Enterprise
- Insurance
- Analytics
- SaaS
- Lawton, Ann Arbor, MI
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Company mission
To capture, structure, and deliver complete risk data to underwriters and business leaders - so they can make faster, smarter decisions.
Our take
Groundspeed is a leading SaaS platform for commercial property & casualty insurance companies, automating the integration and enrichment of unstructured risk information, thus delivering complete, accurate, and enhanced risk data in a matter of hours.
The company counts insurance giants such as Liberty Mutual, Travelers, Aon, and Willis Towers Watson among its customers. Groundspeed’s strategic partnership with Federato, a leader in intelligent underwriting and portfolio management solutions, empowers insurance carriers to quickly prioritize and respond to the high volumes of broker submissions without adding additional staff.
Following a funding round led by Insight Partners and Oak HC/FT, the company’s fast-growing customer base, strategic hires, and expanding partnerships resulted in tripled revenues in 2021. The company has continued to develop new products and platform capabilities and is well placed to achieve unicorn status in 2023.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Parental Leave
- Medical/Vision/Dental/Life/Disability Insurance
- 401(k)
- Career Mapping
- Fitness Stipend
Company values
- Positivity
- Effort
- Growth
- Selflessness
Funding (last 2 of 3 rounds)
Jul 2018
$30m
SERIES B
Apr 2017
$2m
SERIES A
Total funding: $34m
This company has top investors
Leadership
Jeff Mason
(Executive Chairman)Former CEO of Groundspeed. Founder and former CEO of QA Reader | Evolucent. Previous Senior VP of MGA/MGU and General Manager of Global Captives at Chelsea Rhone, LLC. Worked as a Software Engineer at Nickelodeon Animation Studios and was VP of Sales Marketing at ASC Process Systems.