Fenris
Latest round
- Seed
Last raised
- May 2020
Total raised
- $1.7M
Investors
- 5
About Fenris
Fenris Inc.Fenris Inc. was founded in 2016 and is headquartered in Glen Allen, US. The company focuses on providing innovative solutions for the insurance industry. The firm has undergone a pivot in strategy to focus more on predictive analytics and data enrichment. The company's CEO is Brian Petersen, alongside founder Jennifer Linton.Fenris Digital specializes in providing real-time data and predictive AI solutions designed specifically for the insurance industry. Their core offerings include technologies that enhance the quoting process, improve risk assessment, and deliver personalized customer experiences. By utilizing data enrichment and predictive analytics, Fenris enables carriers, agencies, brokers, and underwriters to automate application processes, triage submissions, and assess risks in real-time, which leads to faster quoting and improved decision-making.Fenris generates revenue through a transactional model that incorporates subscription-based services and strategic partnerships. Clients, including insurance carriers and technology platforms, typically integrate Fenris' APIs into their existing systems, which allows for seamless data access and predictive modeling capabilities. The company's offerings, such as the Auto Insurance Prefill and Predictive AI Suite, facilitate quicker application processing and risk evaluation, thus enhancing clients' operational efficiency. Revenue is derived from these integrations, where clients pay for access to various data products and predictive services, enabling them to streamline their workflows and improve customer engagement.Fenris Inc. plans to expand its product offerings, focusing on the development of new predictive tools and enhancements to its existing APIs, with anticipated launches in late 2023. The company is targeting further expansion into Canadian and select international markets by mid-2024.
Who invested in Fenris
5 investors across 2 rounds
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Questions about Fenris
Who invested in Fenris?
Fenris has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Fenris raised?
Fenris has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Fenris last raise money?
Fenris's most recent round on record is a Seed, in May 2020.
What does Fenris do?
Fenris is a software company.
Where is Fenris headquartered?
Fenris is headquartered in Glen Allen, US.
Which VCs invest in companies like Fenris?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Fenris's stage. Their profiles are linked below.
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