# Hyperexponential

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hyperexponential

- Industry: Software
- Headquarters: London, UK
- Website: www.hyperexponential.com
- Total disclosed funding: $73M
- Latest round: Series B (Jan 11, 2024)
- Investors on record: 3

## About

Based in London, UK, and founded in 2017, Hyperexponential Ltd develops a SaaS platform designed to help actuaries, data scientists, and underwriters to build, deploy and update their insurance pricing models. The company was co-founded by Amrit Santhirasenan and Michael Johnson and is backed by Highland Europe from a venture funding round in June 2021.

Hyperexponential's platform is called Renew, a web-based SaaS platform that’s custom-built for the deployment of statistical pricing and analytical models that calculate prices of insurance products. Renew takes care of the hosting requirements, provides customer support, technical consultancy, and security. 

The company generates revenue through subscription fees from customers. Prices would depend on customers' needs with options ranging from full feature access and enterprise support to essentials packages.

Hyperexponential plans to accelerate its growth, build out its software and bring its cloud-based tools and innovation to even more insurers and insurtech companies.

## Funding rounds

- Series B, Jan 11, 2024, $73M — Battery Ventures, Andreessen Horowitz, Highland Europe

## Investors

- Battery Ventures (https://capitalatlas.ai/funds/battery-ventures) — Series B
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series B
- Highland Europe (https://capitalatlas.ai/funds/highland-europe) — Series B