# Pinpoint Predictive

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pinpoint-predictive

- Industry: Software
- Headquarters: San Mateo, US
- Website: www.pinpoint.ai/
- Total disclosed funding: $23M
- Latest round: Series A (Oct 8, 2024)
- Investors on record: 6

## About

Founded in 2015 by Avi Tuschman (CIO) and based in California, US, Pinpoint Predictive, Inc. operates as an AI-enabled platform designed for property and casualty insurers. In October 2024, Pinpoint Predictive, Inc. raised USD 23 million in Series A funding led by new investor Markd, with participation from other new investors Guidewire Ventures, JAZZ Venture Partners, Navigate Ventures, Seraph Group, and Verstra Ventures. As of 2024, the company is led by its CEO, Scott Ham.

The company provides a risk selection platform that empowers property and casualty (P&C) insurers to make precise, data-driven decisions to enhance profitability. The firm's technology uses AI and behavioural analytics to go over standard risk assessment indicators such as zip code, credit, and demographics. Pinpoint Predictive evaluates individual-level behavioral predictors to provide early, accurate risk assessments for both prospective and existing policyholders. This allows insurers to improve loss ratios by 3 to 10 points, positively impacting their bottom line. The company’s platform offers two core solutions: loss predictions and risk scores. Loss predictions enable carriers to forecast claims frequency, severity, and loss costs for homeowners and auto insurance before customers join or renew. Also, risk scores help identify potential issues such as litigation, non-payment cancellations, and premium leakage, giving carriers insight into future profitability at the earliest stage.

The organization plans to use the October 2024 funding to expand its market reach, support its growth strategies, and development of its product.

## Funding rounds

- Series A, Oct 8, 2024, $23M — Seraph Group, JAZZ Venture Partners, Verstra Ventures, Navigate Ventures, Markd, Guidewire Ventures

## Investors

- Seraph Group (https://capitalatlas.ai/funds/seraph-group) — Series A
- JAZZ Venture Partners (https://capitalatlas.ai/funds/jazz-venture-partners) — Series A
- Verstra Ventures (https://capitalatlas.ai/funds/verstra-ventures) — Series A
- Navigate Ventures (https://capitalatlas.ai/funds/navigate-ventures) — Series A
- Markd (https://capitalatlas.ai/funds/markd) — Series A
- Guidewire Ventures — Series A