Senior Software Engineer, EvolutionIQ

Python / Insurance SaaS

$175-210k

Plus equity

Python
Senior and Expert level
New York

More information about location

EvolutionIQ

AI for insurance carriers

Open for applications

EvolutionIQ

AI for insurance carriers

101-200 employees

B2BArtificial IntelligenceInsuranceAnalyticsMachine LearningSaaS

Open for applications

$175-210k

Plus equity

Python
Senior and Expert level
New York

More information about location

101-200 employees

B2BArtificial IntelligenceInsuranceAnalyticsMachine LearningSaaS

Company mission

To transform the insurance industry through a partnership between AI and human experts, ultimately making it more fair and affordable for everyone.

Company mission

To transform the insurance industry through a partnership between AI and human experts, ultimately making it more fair and affordable for everyone.

Top investors

111% employee growth in 12 months

Our take

EvolutionIQ is a data-driven claim guidance platform for insurance providers. Its products combine structured and unstructured claim data with external third party data to provide powerful claim guidance, in an attempt to modernize the claims operations process.

The company's offering is certainly an attractive one for businesses handling large volumes of these claims - the solutions aim to help insurance providers detect and prevent fraud without impacting their productivity and customer experience. Historically, the insurance industry has had access to vast amounts of data without optimizing how they use it. EvolutionIQ's machine learning algorithms harness the learnings from every data point, allowing for much more well-informed, actionable insights.

Recently, the company was also acquired by CCC Intelligent Solutions. As part of this acquisition, the company will continue to operate as a standalone company and with a valuation of more than $200 million following a successful VC funding round, EvolutionIQ is focused on the further development of its product and international expansion as it hopes to capture a larger slice of this $10 billion market.

Freddie headshot

Freddie

Company Specialist at Welcome to the Jungle

Benefits

  • Premium Medical Insurance Plan – Empire Blue Cross Blue Shield Medical insurance
  • $500 to get you started setting up your home office and $200 every year for upgrades after that
  • Short Term and Long Term Disability – Unum
  • Vision – Reliance Standard
  • Dental Coverage – Principal Financial
  • Employee stock option plan
  • 401K with employer matching
  • Life insurance / ACDC coverage – Reliance Standard

Funding (last 2 of 5 rounds)

Aug 2024

$20.2m

LATE VC

Jun 2023

$10.3m

LATE VC

Total funding: $60.4m

This company has top investors

Leadership

Michael Saltzman

(Co-founder & Co-CEO)

Studied Engineering and Economics at Dartmouth, and obtained an MBA from Stanford. Co-founded Roomie Rentals while still a student, and then joined Bridgewater Associates as an Investment Associate, prior to co-founding EvolutionIQ in 2019.

Jonathan Lewin

(Co-founder & Co-CEO)

Studied History at Harvard. Jonathan co-founded eMeta and held senior leadership roles within corporate development and commerce at a range of companies, prior to co-founding EvolutionIQ in 2019.