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Gradient - About the company

Gradient is a series C company based in Boston (United States), founded in 2018 by Jake Bouvrie. It operates as an AI-based claims automation and auditing solutions for the insurance industry. Gradient has raised $89.7M in funding from investors like Forte Ventures, American Family Ventures and Centana Growth Partners. The company has 266 active competitors, including 48 funded and 53 that have exited. Its top competitors include companies like Guidewire, Duck Creek and FintechOS.

Company Details

AI-based claims automation and auditing solutions for the insurance industry. The platform offers solutions for insurance claims management, workflow management, business processing, risk management, and more. It also offers SaaS solutions for broker analytics, risk ranking, portfolio analysis, claims to audit, and more.
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Email ID
*****@gradientai.com
Phone Number
+1 **********
Registered Address
321 Summer St, Floor 6 Boston MA 02210
Key Metrics
Founded Year
2018
Location
Boston, United States
Stage
Series C
Total Funding
$89.7M in 5 rounds
Ranked
Employee Count
129 as on Jul 31, 2026
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Gradient's funding and investors

Gradient has raised a total funding of $89.7M over 5 rounds. Its first funding round was on Jan 07, 2019. Its latest funding round was a Conventional Debt round on Mar 04, 2026 for $*****. 1 investor participated in its latest round. Gradient has 10 institutional investors.

Here is the list of recent funding rounds of Gradient:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 04, 2026
7191757
Conventional Debt
7035719
1927386
8654241
2263460
Jun 28, 2024
2661156
Series C
6374402
4245371
9001113
Apr 14, 2021
3925592
Series B
3203480
2705597
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Gradient's founders and board of directors

Founder? Claim Profile
The founders of Gradient is Jake Bouvrie.
Here are the details of Gradient's key team members:

Gradient's employee count trend

Gradient has 129 employees as of Jul 26. Here is Gradient's employee count trend over the years:
Employee count trend for Gradient
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Gradient's Competitors and alternates

Top competitors of Gradient include Guidewire, Duck Creek and FintechOS. Here is the list of Top 10 competitors of Gradient, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Guidewire
Guidewire
2001, San Mateo (United States), Public
Cloud-based platform for property and casualty insurance
-
77/100
2nd
Logo for Duck Creek
Duck Creek
2000, Boston (United States), Acquired
Provider of cloud-based solutions for property and casualty and general insurance
$350M
71/100
3rd
Logo for FintechOS
FintechOS
2017, London (United Kingdom), Series B
Provider of AI-based software suite for the banking and insurance industry
$146M
68/100
4th
Logo for Bestow
Bestow
2016, Dallas (United States), Series D
Developer of life insurance new business and administration software platform solutions
$216M
68/100
5th
Logo for Insurity
Insurity
1985, Hartford (United States), Acquired
AI and cloud-based policy management and claims administration solutions
$57M
67/100
6th
Logo for iPipeline
iPipeline
1995, Exton (United States), Acquired
Cloud-based software suite for life insurance and financial services industry
$104M
67/100
7th
Logo for Linedata
Linedata
1998, Neuilly sur seine (France), Public
Provider of software, data, analytics, and related services for financial institutions
-
67/100
8th
Logo for Bold Penguin
Bold Penguin
2016, Columbus (United States), Acquired
Software suite for the commercial insurance industry
$50.1M
66/100
9th
Logo for OneShield
OneShield
1999, Marlborough (United States), Series E
Cloud-based insurance policy and claims management solutions for the p&c insurance industry
$52.5M
65/100
10th
Logo for Bravura Solutions
Bravura Solutions
2004, Edinburgh (United Kingdom), Acquired
Software solutions for life insurance and wealth management
$28.4M
64/100
15th
Logo for Gradient
Gradient
2018, Boston (United States), Series C
AI-based claims automation and auditing solutions for the insurance industry
$89.7M
63/100
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Gradient's Investments and acquisitions

Gradient has made no investments or acquisitions yet.

Reports related to Gradient

Here is the latest report on Gradient's sector:

News related to Gradient

lockFilter this list
Media has covered Gradient for a total of 9 events in the last 1 year, 3 of them have been about company updates and 2 about partnerships.
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