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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.
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Email ID
*****@chisel.ai
Phone Number
+1 **********
Key Metrics
Founded Year
2015
Location
Toronto, Canada
Stage
Deadpooled
Latest Funding Round
Investors
Ranked
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
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Chisel's founders and board of directors

Founder? Claim Profile
The founders of Chisel is Ron Glozman.
Here are the details of Chisel's key team members:

Chisel's employee count trend

Chisel has 2 employees as of Apr 26. Here is Chisel's employee count trend over the years:
Employee count trend for Chisel
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Conga
Conga
2006, Broomfield (United States), Acquired
Provider of document automation, contract lifecycle management, and revenue solutions
$140M
72/100
2nd
Logo for Artificial Labs
Artificial Labs
2013, London (United Kingdom), Series B
Software solutions provider for Insurers
$72.1M
62/100
3rd
Logo for Indico Data
Indico Data
2014, Boston (United States), Series B
Developer of an agentic decisioning platform for insurance underwriting and claims
$72.7M
62/100
4th
Logo for Hercules
Hercules
2014, Campbell (United States), Series B
Provider of AI platform automating data extraction and workflow verification
$27.9M
54/100
5th
Logo for Leonteq
Leonteq
2007, Zurich (Switzerland), Public
Products and Services provider for Structured Products
-
54/100
6th
Logo for Affinda
Affinda
2013, Melbourne (Australia), Series A
AI-based document processing application provider
$10M
-
54/100
7th
Logo for airSlate
airSlate
2006, Brookline (United States), Series C
Provider of document workflow automation and marketing intelligence platform solutions
$185M
54/100
8th
Logo for Web Connectivity
Web Connectivity
2003, London (United Kingdom), Acquired
Software solution provider for insurance business processes
-
-
52/100
9th
Logo for Open Bots AI
Open Bots AI
2020, Edison (United States), Seed
Open source RPA automation platform
$5M
-
49/100
10th
Logo for Levity
Levity
2020, Berlin (Germany), Seed
Cloud-based robotic process automation platform for document processing
$10M
45/100
41st
Logo for Chisel
Chisel
2015, Toronto (Canada), Deadpooled
AI-based insurance solutions developer
-
30/100
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Chisel's Investments and acquisitions

Chisel has made no investments or acquisitions yet.

News related to Chisel

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Chisel AI Names Rupin Mago Vice President, SalesInsurance Innovation ReporterJul 27, 2021Chisel, Omnius
Chisel AI and Xceedance Form Strategic PartnershipInsurance Innovation ReporterJul 13, 2021Chisel, Xceedance
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