Chisel - About the company
Chisel is a deadpooled company based in Toronto (Canada), founded in 2015 by Ron Glozman. It operates as an AI-based insurance solutions developer. Chisel has raised an undisclosed amount in funding from S28 Capital. The company has 172 active competitors, including 24 funded and 14 that have exited. Its top competitors include companies like Conga, Artificial Labs and Indico Data.
Company Details
Chisel is an AI-based insurance solutions developer. Offers an artificial intelligence and natural language processing platform that automates errors & omissions policy checking, submission prioritization, quote comparison, claims, document processing, handling and analysis using artificial intelligence and natural language processing.
- Website
- www.chisel.ai
- Email ID
- *****@chisel.ai
- Phone Number
- +1 **********
Key Metrics
Founded Year
2015
Location
Toronto, Canada
Stage
Deadpooled
Latest Funding Round
Investors
Ranked
41st among 172 active competitors
Employee Count
2 as on Apr 30, 2026
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Chisel's funding and investors
Chisel has raised funding over 2 rounds. Its first funding round was on Jul 22, 2016. Its latest funding round was a Seed round on Apr 07, 2017 for $*****. 1 investor participated in its latest round. Chisel has 9 institutional investors.
Here is the list of recent funding rounds of Chisel:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 07, 2017 | 9345469 | Seed | 2428767 | 4158796 | 9543097 | 8877397 |
Jul 22, 2016 | 1278780 | Grant (prize money) | 7691281 | 6587339 | 2093276 |
View details of Chisel's funding rounds and investors
Chisel's founders and board of directors
Founder? Claim ProfileThe founders of Chisel is Ron Glozman.
Here are the details of Chisel's key team members:
- Ron Glozman: Former Founder & CEO of Chisel and founder of 1 other company.
View details of Chisel's Founder profiles and Board Members
Chisel's employee count trend
Chisel has 2 employees as of Apr 26. Here is Chisel's employee count trend over the years:
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Chisel's Competitors and alternates
Top competitors of Chisel include Conga, Artificial Labs and Indico Data. Here is the list of Top 10 competitors of Chisel, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Conga 2006, Broomfield (United States), Acquired | Provider of document automation, contract lifecycle management, and revenue solutions | $140M | 72/100 | |
2nd | Artificial Labs 2013, London (United Kingdom), Series B | Software solutions provider for Insurers | $72.1M | 62/100 | |
3rd | Indico Data 2014, Boston (United States), Series B | Developer of an agentic decisioning platform for insurance underwriting and claims | $72.7M | 62/100 | |
4th | Hercules 2014, Campbell (United States), Series B | Provider of AI platform automating data extraction and workflow verification | $27.9M | 54/100 | |
5th | Leonteq 2007, Zurich (Switzerland), Public | Products and Services provider for Structured Products | - | 54/100 | |
6th | AI-based document processing application provider | $10M | - | 54/100 | |
7th | airSlate 2006, Brookline (United States), Series C | Provider of document workflow automation and marketing intelligence platform solutions | $185M | 54/100 | |
8th | Web Connectivity 2003, London (United Kingdom), Acquired | Software solution provider for insurance business processes | - | - | 52/100 |
9th | Open Bots AI 2020, Edison (United States), Seed | Open source RPA automation platform | $5M | - | 49/100 |
10th | Cloud-based robotic process automation platform for document processing | $10M | 45/100 | ||
41st | AI-based insurance solutions developer | - | 30/100 |
Looking for more details on Chisel's competitors? Click here to see the top ones
Chisel's Investments and acquisitions
Chisel has made no investments or acquisitions yet.
News related to Chisel
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Zurich North America partners with Chisel AI to improve construction underwritingInsurance Business America•Sep 30, 2021•Zurich, Chisel
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Chisel AI Names Rupin Mago Vice President, SalesInsurance Innovation Reporter•Jul 27, 2021•Chisel, Omnius
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Chisel AI and Xceedance Form Strategic PartnershipInsurance Innovation Reporter•Jul 13, 2021•Chisel, Xceedance
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Chisel AI Expands Leadership Team with Seasoned Software Industry ExecutivesBusiness Wire•Oct 29, 2019•Chisel, OneEleven, Amazon, NexJ
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Chisel AI Launches Submission Triage for Commercial Insurance CarriersBusiness Wire•May 29, 2019•Chisel
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Zesty.ai wins Silver in Zurich's Global Insurtech CompetitionPR Newswire•Jan 31, 2019•ZestyAI, Chisel
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