# Knowtions Research

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/knowtions-research

- Industry: Software
- Headquarters: Toronto, Canada
- Website: www.lydia.ai
- Total disclosed funding: $13M
- Latest round: Series A (Oct 19, 2021)
- Investors on record: 3

## About

Knowtions Research Inc. develops advanced health AI solutions that enhance insurance underwriting processes, aiming to streamline operations and improve accuracy in health risk assessments.Founded in 2014 in Toronto, Canada, Knowtions Research Inc. specializes in health AI technology. The company has received significant funding, including its latest Series A funding round of USD 8.000 mn in October 2021, led by Information Venture Partners with participation from 500 Global. The company has executed a total of 3 deals, with its most recent deal occurring on 2021-10-19. Anthony Lee, one of the co-founders, serves as the CEO.Knowtions Research Inc. specializes in the development of advanced health AI solutions aimed at enhancing the insurance underwriting process. Their flagship product, Lydia Health AI, generates personalized and predictive health scores that enable insurers to underwrite policies with improved speed and accuracy. This technology assists underwriters in planning for potential health risks and associated healthcare costs, thereby streamlining the workflow and promoting the sale of pre-underwritten policies. The company targets insurance underwriters and agents in North America and Asia, where demand for innovative insurance solutions leveraging artificial intelligence is growing.Knowtions Research Inc. operates primarily on a B2B model, engaging in partnerships with insurance companies and agents to provide its health AI services. The revenue structure is built around subscription-based partnerships, where clients pay for access to the Lydia Health AI platform and its associated tools. Specific pricing plans for these services are determined based on the scale and needs of the client.In October 2021, Knowtions Research Inc. raised USD 8.000 mn in Series A funding, which will be utilized to establish the company as the new industry standard for health risk scoring. The funding will support the company’s pilot market in Taiwan and facilitate its continued expansion into Japan, South Korea, and Southeast Asia.

## Funding rounds

- Series A, Oct 19, 2021, $8M — 500 Global, Information Venture Partners
- Series A, Nov 13, 2018, $5M — Information Venture Partners, Alibaba Entrepreneurs Fund

## Investors

- Information Venture Partners (https://capitalatlas.ai/funds/information-venture-partners) — Series A
- Alibaba Entrepreneurs Fund (https://capitalatlas.ai/funds/alibaba-entrepreneurs-fund) — Series A
- 500 Global (https://capitalatlas.ai/funds/500-global) — Series A