Company

Planck Resolution Ltd.

Planck Resolution provides generative AI underwriting software for commercial insurance, led by its Planck PLUS platform.

About

Founded in 2016 in New York, US, Planck Resolution Ltd. sells the Planck PLUS platform, which uses generative AI and data analytics to make commercial insurance underwriting more accurate and consistent. Clients include insurance carriers, brokers and underwriters in North America, Europe and Asia, with a focus on restaurant, bar and tavern risks. Revenue comes from annual or multi-year subscriptions priced by service level and data access. The company completed six deals, and its latest round on July 23, 2024 raised USD 23.00 mn led by Vintage Investment Partners. Applied Systems, Inc. acquired the company in July 2024.

5Funding rounds

9Investors

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