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.
- Website
- gradientai.com
- 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
Latest Funding Round
Investors
Ranked
15th among 266 active competitors
Employee Count
129 as on Jul 31, 2026
Legal entities associated with Gradient
Gradient is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Gradient AI Corp CIN: 04-3483677 , United States, Active | Jun 25, 2018 | - | 108 (As on Dec 31, 2020) | - |
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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:
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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 |
View details of Gradient's funding rounds and investors
Gradient's founders and board of directors
Founder? Claim ProfileThe founders of Gradient is Jake Bouvrie.
Here are the details of Gradient's key team members:
- Jake Bouvrie: Head of Data Science & Co-Founder of Gradient and founder of 2 other companies, Emporics Capital Management and Statespace AI.
View details of Gradient's Founder profiles and Board Members
Gradient's employee count trend
Gradient has 129 employees as of Jul 26. Here is Gradient's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Guidewire 2001, San Mateo (United States), Public | Cloud-based platform for property and casualty insurance | - | 77/100 | |
2nd | Duck Creek 2000, Boston (United States), Acquired | Provider of cloud-based solutions for property and casualty and general insurance | $350M | 71/100 | |
3rd | FintechOS 2017, London (United Kingdom), Series B | Provider of AI-based software suite for the banking and insurance industry | $146M | 68/100 | |
4th | Bestow 2016, Dallas (United States), Series D | Developer of life insurance new business and administration software platform solutions | $216M | 68/100 | |
5th | Insurity 1985, Hartford (United States), Acquired | AI and cloud-based policy management and claims administration solutions | $57M | 67/100 | |
6th | iPipeline 1995, Exton (United States), Acquired | Cloud-based software suite for life insurance and financial services industry | $104M | 67/100 | |
7th | Provider of software, data, analytics, and related services for financial institutions | - | 67/100 | ||
8th | Bold Penguin 2016, Columbus (United States), Acquired | Software suite for the commercial insurance industry | $50.1M | 66/100 | |
9th | 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 | Bravura Solutions 2004, Edinburgh (United Kingdom), Acquired | Software solutions for life insurance and wealth management | $28.4M | 64/100 | |
15th | 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
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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CIBC Innovation Banking Provides Growth Capital to Gradient AIGlobal Fintech Series•Mar 03, 2026•Gradient, Canadian Imperial Bank of Commerce, Gradient
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Gradient AI Partners with Connexure to Streamline Risk Management Workflows for Carriers and MGUsBusiness Wire•Oct 09, 2025•Connexure, Gradient
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FurtherAI Secures $25M Series A Funding for Insurance AI SolutionsArtificial Lawyer•Oct 07, 2025•FurtherAI, Andreessen Horowitz, Xceedance, Apple and 15 others
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Community Health Options selects Gradient AI to boost group health underwriting and renewalsInsuranceNewsNet•Sep 23, 2025•Gradient, Community Health Options
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Gradient AI Launches Risk Management Life Cycle Solution for Group HealthInsuranceNewsNet•Sep 10, 2025•Gradient
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Terra and Gradient AI Partner to Advance Workers’ Compensation with Predictive IntelligenceGlobeNewswire•Aug 22, 2025•Terra, Gradient
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Firstwork Closes $5M Seed FundingFinSMEs•Feb 27, 2025•FirstWork, Y Combinator, Soma Capital, 468 Capital and 5 others
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Venn Raises $21.5M in Series A FundingFinSMEs•Feb 26, 2025•Venn, Left Lane Capital, XYZ Venture Capital, Intact Ventures and 2 others
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