Planck Resolution
Latest round
- Series B
Last raised
- Jun 2020
Total raised
- $28M
Investors
- 4
About Planck Resolution
Based in the US, Planck Resolution Ltd.Planck Resolution Ltd. provides advanced tools for the commercial insurance sector. Founded in 2016 in New York, US, by Amir Cohen, David Schapiro, Elad Tsur, Fabian Koopen, Marta Carli, Phalgun Neralla, and Ward Alblas, the company has completed 6 deals.Planck offers advanced generative AI solutions specifically tailored for the commercial insurance underwriting sector. Their primary product, Planck PLUS, enhances the accuracy, consistency, and accountability of underwriting processes through sophisticated AI models and extensive data analytics.Planck generates revenue through a subscription-based model for its Planck PLUS platform. Clients engage on a business-to-business basis, with transactions structured around annual or multi-year contracts.In July 2024, Planck Resolution Ltd. was acquired by Applied Systems, Inc. This acquisition will support Applied Systems in enhancing its service offerings. The acquisition does not detail any upcoming products or expansion into new markets at this time, but the strategic move is expected to leverage Planck's capabilities in the commercial insurance sector.
Who invested in Planck Resolution
4 investors across 2 rounds
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Questions about Planck Resolution
Who invested in Planck Resolution?
Planck Resolution has 4 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 Planck Resolution raised?
Planck Resolution has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Planck Resolution last raise money?
Planck Resolution's most recent round on record is a Series B, in Jun 2020.
What does Planck Resolution do?
Based in the US, Planck Resolution Ltd.
Where is Planck Resolution headquartered?
Planck Resolution is headquartered in New York, US.
Which VCs invest in companies like Planck Resolution?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Planck Resolution's stage. Their profiles are linked below.
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