Continuity, a pioneer in leveraging artificial intelligence and external data for professional and corporate P&C insurers, has announced a €10 million Series A funding round, led by 115K and backed by historical investors Elaia and Bpifrance. This investment follows an initial capital injection of 5 million euros in 2021.
Founded in 2019, the company offers innovative SaaS solutions combining external data and artificial intelligence, which analyze insurance contracts and new underwriting applications to identify risk factors, points of attention and reporting discrepancies.
Thanks to this new capital, the company, uniquely positioned at the heart of market issues, will continue to develop its technology and AI to meet the new challenges facing insurers, particularly in the large risks segment.
Jérémie Swiecznik, partner, was involved in this transaction as advisor to the financial investors.