DataCubes

DataCubes is a leading underwriting decisioning platform for commercial P&C insurers.

DataCubes is revolutionizing the commercial underwriting process with cutting-edge AI and data science.

DataCubes was founded in 2016 by Kuldeep Malik and Harish Neelamana. The company is headquartered in Schaumburg, Illinois, with an office in Delhi, India.

DataCubes uses machine learning and artificial intelligence to analyze a broad array of information sources, including semi-structured insurance submissions and over four billion objects in its data lake.

DataCubes offers, d3 Underwriting™, a software platform that empowers commercial insurers to optimize their underwriting workflow processes for SMB and middle market risks in all standard commercial and specialty lines of business.

 

DataCubes is being used by commercial carriers of all sizes to make real-time underwriting decisions based on rich data and highly-accurate intelligence gathered by external sources to improve productivity, profitability, efficiency and accuracy. Some of its customers include The Hanover, Selective Insurance, RLI, Columbia Insurance Group, Penn National Insurance, Tangram, WCF Insurance and Synergy Coverage Solutions.

 

DataCubes is backed by Palm Drive Capital, Altos Ventures, NFP Ventures, Stage 2 Capital, MPK Equity Partners and others. The company raised $15.2M from a "Series B" financing on Nov 14, 2019. This new round bring DataCubes' total funding to $17.7M to date.

 

 

  • Year founded: 2016
  • Funding Info: $17.7M over 2 Rounds (Latest Funding Type: Series A)
  • Yearly Revenue: $3M-$5M (2019)
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Schaumburg
  • State: Illinois
  • Country: United States
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