Assured Insurance Technologies - About the company
Assured Insurance Technologies is a seed company based in Palo Alto (United States), founded in 2019 by Theo Patt and Justin Lewis-Weber. It operates as a Provider of SaaS claims processing solutions for P&C insurers. Assured Insurance Technologies has raised an undisclosed amount in funding, with a current valuation of $1B. The company has 253 active competitors, including 40 funded and 21 that have exited. Its top competitors include companies like CLARA analytics, Sprout.ai and Ontellus.
Sectors and market segments that Assured Insurance Technologies operate in
Assured Insurance Technologies serves in the FinTech, InsurTech market segments.The primary business model of Assured Insurance Technologies are:Company Details
Provider of SaaS claims processing solutions for P&C insurers. The platform digitally ingests, services, and processes claims, improving data collection and customer experience. It offers modular solutions for FNOL (First Notice of Loss), messaging, fraud detection, and catastrophe management. These solutions facilitate faster claim closure and improved loss ratios through structured data capture and AI-powered communication. The platform is integration-free and deployable quickly, allowing for rapid testing and iteration. It supports all lines of business, with turnkey deployments available for major insurers.
- Website
- www.assured.com/
- Email ID
- *****@assured.claims
- Registered Address
- 3 PETER COUTTS CIRCLE, STANFORD, CA 94305
Key Metrics
Founded Year
2019
Location
Palo Alto, United States
Stage
Seed
Latest Funding Round
Post Money Valuation
$1B as on Dec 31, 2025
Investors
Ranked
9th among 253 active competitors
Employee Count
227 as on Aug 31, 2026
Legal entities associated with Assured Insurance Technologies
Assured Insurance Technologies is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ASSURED INSURANCE TECHNOLOGIES INC. CIN: 220140099 , United States, Active | Dec 05, 2023 | - | 74 (As on Dec 31, 2024) | - |
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Assured Insurance Technologies's funding and investors
Assured Insurance Technologies has raised funding over 1 round. Its latest funding round was a Seed round on Mar 05, 2025 for an undisclosed amount. 2 investors participated in its latest round. Assured Insurance Technologies has 18 institutional investors.
Here is the list of recent funding rounds of Assured Insurance Technologies:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 05, 2025 | Undisclosed | Seed | $1B | - | - |
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Assured Insurance Technologies' founders and board of directors
Founder? Claim ProfileThe founders of Assured Insurance Technologies are Theo Patt and Justin Lewis-Weber. Justin Lewis-Weber is the CEO of Assured Insurance Technologies.
Here are the details of Assured Insurance Technologies' key team members:
- Theo Patt: Co-Founder & CTO of Assured Insurance Technologies. Contact Info: 1 email address
- Justin Lewis-Weber: Co-Founder & CEO of Assured Insurance Technologies. Contact Info: 1 email address
Assured Insurance Technologies' employee count trend
Assured Insurance Technologies has 227 employees as of Aug 26. Here is Assured Insurance Technologies's employee count trend over the years:
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Assured Insurance Technologies's Competitors and alternates
Top competitors of Assured Insurance Technologies include CLARA analytics, Sprout.ai and Ontellus. Here is the list of Top 10 competitors of Assured Insurance Technologies, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  CLARA analytics 2016, Santa Clara (United States), Series C | Workers' Compensation claims management with predictive analytics | $64M | 66/100 | |
2nd |  Sprout.ai 2018, London (United Kingdom), Series A | AI-based software suite for personal and commercial insurers | $38.3M | 61/100 | |
3rd |  Ontellus 1975, Houston (United States), Acquired | Provider of records retrieval services for insurance claims and litigation. It offers services to insurance companies, law firms, and custodians. The company facilitates the secure retrieval and delivery of medical, social media, and other relevant records. Its services include record organization, analysis, and summary tools to streamline the claims and litigation processes. A secure online portal is provided for efficient record access and management. | - | 58/100 | |
4th | Provider of AI solutions for insurance claims processing and automation | $52.7M | 56/100 | ||
5th |  Elysian Nashville (United States), Series A | Provider of AI-native third-party administration for commercial property and casualty claims | $9M | 54/100 | |
6th | WeGoLook 2009, Oklahoma City (United States), Acquired | Claim processing and inspection solutions | $3.35M | 54/100 | |
7th | Provider of digital payment cards and payment solutions for insurance. | $1M | 53/100 | ||
8th | Document management solutions for insurance, banking, and other industry | $66.5M | 50/100 | ||
9th |  Assured Insurance Technologies 2019, Palo Alto (United States), Seed | Provider of SaaS claims processing solutions for P&C insurers | - | 50/100 | |
10th | Avallon 2024, New York City (United States), Seed | AI-powered solutions for automating complex claims operations in the auto and freight industries | $5.1M | 49/100 |
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Assured Insurance Technologies's Investments and acquisitions
Assured Insurance Technologies has made no investments or acquisitions yet.
Reports related to Assured Insurance Technologies
Here is the latest report on Assured Insurance Technologies's sector:
News related to Assured Insurance Technologies
Media has covered Assured Insurance Technologies for 1 event in last 1 year, It was about company updates.
•
Assured unveils Zerto DR service for VMware upheavalSecurityBrief•Jan 07, 2026•Assured Insurance Technologies, VMware
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