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Novee AI provides underwriting software that helps insurers assess and triage risk.
Founded in 2024 and based in London, Novee AI develops an AI platform for insurance underwriters to set risk preferences, triage submissions and inform decisions. The software learns from previous underwriting decisions. In July 2025, 42Cap led GBP 1.6 million in pre-seed funding, with participation from InsurTech Gateway.
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