Artivatic - About the company
Artivatic is an acquired company based in Bengaluru (India), founded in 2017 by Puneet Tandon. It operates as an AI-based software suite for financial institutions. Artivatic has raised $1.43M in funding from investors like DIFC, Spark10 and KFin Technologies, with last known valuation of ₹*****. The company has 107 active competitors, including 25 funded and 19 that have exited. Its top competitors include companies like Guidewire, Bravura Solutions and Linedata.
Company Details
AI-based software suite for financial institutions. Its features include data management, customer onboarding, sales and marketing, and more. It offers solutions for insurance underwriting, risk management, distribution, monitoring, claims processing, agency management, and more. It offers data to provide dynamic pricing, fraud detection & alternative risk scoring.
- Website
- artivatic.ai
- Email ID
- *****@artivatic.ai
- Phone Number
- +91 **********
- Registered Address
- 2nd Floor, Plot 94, Sector 32, Gurgaon, Gurgaon, Sadar Bazar, Haryana, India, 122001
Key Metrics
Founded Year
2017
Location
Bengaluru, India
Stage
Acquired
Total Funding
$1.43M in 7 rounds
Latest Funding Round
Last Known Valuation
₹***** as on Dec 22, 2021
Ranked
15th among 107 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
134 as on Jan 31, 2025
Exit Details
Acquired by RenewBuy (Feb 21, 2022)
Legal entities associated with Artivatic
Artivatic is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ARTIVATIC, INC. CIN: 4627953 , United States, Active | Jan 04, 2021 | - | 19 (As on Nov 30, 2021) | - |
ARTIVATIC DATA LABS PRIVATE LIMITED CIN: U74999HR2016PTC137663 , India, Active | Sep 26, 2016 | 0 - ₹10 Cr (As on Mar 31, 2025) | 109 (As on May 01, 2025) |
Artivatic's acquisition details
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Artivatic's funding and investors
Artivatic has raised a total funding of $1.43M over 7 rounds. Its first funding round was on Apr 04, 2017. Its latest funding round was a Seed round on Sep 27, 2022 for $*****. 1 investor participated in its latest round. Artivatic has 22 institutional investors and 53 angel investors.
Here is the list of recent funding rounds of Artivatic:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 27, 2022 | 7166517 | Seed | 6111146 | 6006179 | 7397703 | 8131049 |
Apr 08, 2021 | 7921340 | Seed | 4112239 | 9896603 | 9601542 | 3812169 |
Nov 06, 2020 | 2941486 | Seed | 2540551 | 4061596 |
View details of Artivatic's funding rounds and investors
Artivatic's founders and board of directors
Founder? Claim ProfileThe founders of Artivatic is Puneet Tandon.
Here are the details of Artivatic's key team members:
- Puneet Tandon: Former Co-Founder of Artivatic and founder of 4 other companies, including MiOSales, Aspire and Ausis.ai. They are also an angel investor in 3 startups and serve on the boards of 2 companies.
Artivatic's Board of Directors
Artivatic's board has 6 active members. Puneet Tandon, Rajesh Relan and Layak Singh are part of team and Sulbha Kaushal Rai, Indraneel Chatterjee and Venkata Satya Naga Sreekanth Nadella are independent board members.Here is the list of Artivatic's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 10y 0m | |
Team | - | Current | 10y 0m | |
Investor | - | Current | 7y 6m | |
Independent board member | - | Current | 4y 7m | |
lkkaaxh | Independent board member | - | Current | 7y 4m |
jsxmsha | Independent board member | - | Current | 8y 3m |
sjyjvrv | Independent board member | - | Past | 5y 2m |
View details of Artivatic's Founder profiles and Board Members
Artivatic's employee count trend
Artivatic has 134 employees as of Jan 25. The total employee count is 2.0% lower than what it was in Jan 24. Here is Artivatic's employee count trend over the years:
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Artivatic's Competitors and alternates
Top competitors of Artivatic include Guidewire, Bravura Solutions and Linedata. Here is the list of Top 10 competitors of Artivatic, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Guidewire 2001, San Mateo (United States), Public | Developer of software platforms for property and casualty insurance operations | - | 77/100 | |
2nd | Bravura Solutions 2004, Edinburgh (United Kingdom), Acquired | Software solutions for life insurance and wealth management | $28.4M | 64/100 | |
3rd | Provider of software, data, analytics, and related services for financial institutions | - | 63/100 | ||
4th | Insurance policy administration and compliance solutions for the insurance industry | - | 63/100 | ||
5th | Applied 1983, University Park (United States), Acquired | Provider of a cloud-based software suite for P&C insurers, MGA and agents | - | 62/100 | |
6th | Provider of a platform for digital insurance distribution and management | $14.4M | 62/100 | ||
7th | Insurance agency management software | - | - | 62/100 | |
8th | Xceedance 2013, Boston (United States), Seed | Provider of consulting, analytics and data sciences for insurance industry | - | 60/100 | |
9th | Instanda 2015, London (United Kingdom), Series B | SaaS-based software suite for the insurance industry | $71.7M | 59/100 | |
10th | Insurance quoting and underwriting solutions for the life and health insurance industry | - | 58/100 | ||
15th | AI-based software suite for financial institutions | $1.43M | 53/100 |
Looking for more details on Artivatic's competitors? Click here to see the top ones
Artivatic's Investments and acquisitions
Artivatic has made no investments or acquisitions yet.
Reports related to Artivatic
Here is the latest report on Artivatic's sector:
News related to Artivatic
Media has covered Artivatic for 1 event in last 1 year.
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CCI approves proposed merger of Girnar group firms with Artivatic Data LabsMergersIndia•Nov 08, 2025•Girnar Group, Artivatic, CarDekho, InsuranceDekho and 1 other
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Canara HSBC Life Insurance partners with Artivatic.AI for simplifying insurance processExpress Computer•Oct 18, 2023•Canara HSBC Life Insurance India, Artivatic
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Artivatic.AI launches integrated platform for insurance sales,customer engagementMint•Jan 12, 2022•Artivatic
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Insurtech startup Artivatic launches AI underwriting platform AUSISBioSpectrum India•Nov 25, 2021•Artivatic
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Artivatic Redefines Sales & Marketing: Launches Ai Based Miosales For InsuranceDevdiscourse•Jul 30, 2021•Artivatic
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Artivatic Launches Alfred Ai Health Claims Solution For Automating End-to-end Health ClaimsAsian News International•Jun 22, 2021•Artivatic
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KFintech acquires 17% stake in insurtech startup Artivatic.aiMint•May 11, 2021•Artivatic, KFin Technologies
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