Montoux - About the company
Montoux is a series A company based in New York City (United States), founded in 2012 by Klaas-Jan Stijnen. It operates as an AI-powered actuarial solutions modernizing risk management for insurance companies. Montoux has raised $10.5M in funding from investors like Ice Angels, Angel HQ and Zino Ventures. The company has 35 active competitors, including 6 funded and 5 that have exited. Its top competitors include companies like Innoveo, Nvest and Volante.
Company Details
AI-powered actuarial solutions modernizing risk management for insurance companies. They provide actuarial AI and modeling tools, setting a new standard for how actuaries and insurance companies assess and manage risk. Their toolkit harnesses the power of artificial intelligence, cloud, and automation to modernize traditional actuarial processes, enabling insurers to break free from the constraints of traditional modeling systems and amplify both actuarial productivity and strategic impact. They offer unprecedented efficiency, accuracy, and flexibility in actuarial work with a flexible, open, and modular toolkit. Their mission is to accelerate actuarial modernization through technology and a deep commitment to clients' success. They provide AI-driven solutions designed to meet the current demands of the insurance industry and anticipate future challenges. They are forging a new path for actuarial science, where every insurer is empowered to achieve more with less, driving significant value and efficiency across their operations. They offer cloud-based pricing tools and a web-based interface.
- Website
- www.montoux.com/
Key Metrics
Founded Year
2012
Location
New York City, United States
Stage
Series A
Total Funding
$10.5M in 2 rounds
Latest Funding Round
Investors
Ranked
5th among 35 active competitors
Employee Count
8 as on May 31, 2026
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Montoux's funding and investors
Montoux has raised a total funding of $10.5M over 2 rounds. Its first funding round was on Dec 11, 2017. Its latest funding round was a Series A round on Jul 04, 2019 for $*****. 4 investors participated in its latest round. Montoux has 8 institutional investors.
Here is the list of recent funding rounds of Montoux:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 04, 2019 | 9692290 | Series A | 5233711 | 8915521 | 6111516 | 2931650 |
Dec 11, 2017 | 3151169 | Grant (prize money) | 7258082 | 1676025 | 8581261 |
View details of Montoux's funding rounds and investors
Montoux's founders and board of directors
Founder? Claim ProfileThe founders of Montoux is Klaas-Jan Stijnen.
Here are the details of Montoux's key team members:
- Klaas-Jan Stijnen: Co-Founder & Co-CEO of Montoux. Contact Info: 1 email address
View details of Montoux's Founder profiles and Board Members
Montoux's employee count trend
Montoux has 8 employees as of May 26. Here is Montoux's employee count trend over the years:
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Montoux's Competitors and alternates
Top competitors of Montoux include Innoveo, Nvest and Volante. Here is the list of Top 10 competitors of Montoux, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Innoveo 2007, Zurich (Switzerland), Acquired | Product development solution for insurance industry | $15M | 55/100 | |
2nd | Provider of API based applications for the insurance industry | - | 54/100 | ||
3rd | Volante 2017, London (United Kingdom), Acquired | Cloud-based underwriting platform for insurance industry | - | - | 53/100 |
4th | Zinnia 2005, Greenwich (United States), Late Stage | Provider of technology platforms for life insurance and annuity products. | $300M | 50/100 | |
5th | Montoux 2012, New York City (United States), Series A | AI-powered actuarial solutions modernizing risk management for insurance companies | $10.5M | 45/100 | |
6th | REIN 2015, Chapel Hill (United States), Series B | Embedded insurance platform reinventing distribution with technology and curated partnerships | $29M | 44/100 | |
7th | Penn River 2019, Media (United States), Unfunded | Platform for insurance-based software development | - | - | 42/100 |
8th | Product development & management solutions for insurance businesses | - | - | 38/100 | |
9th | Aquarium Software 2006, Altrincham (United Kingdom), Unfunded | Product development software for insurers | - | - | 35/100 |
10th | Nuon 2020, Royal Tunbridge Wells (United Kingdom), Seed | AI-based insurance product development solutions for insurers and brokers | $1.73M | 35/100 |
Looking for more details on Montoux's competitors? Click here to see the top ones
Montoux's Investments and acquisitions
Montoux has made no investments or acquisitions yet.
Reports related to Montoux
Here is the latest report on Montoux's sector:
News related to Montoux
•
Montoux launches Model Copilot to enhance documentation and governanceReinsurance News•Feb 29, 2024•Montoux
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Montoux's actuarial automation platform now available in AWS MarketplacePR Newswire•Feb 14, 2023•Montoux, Amazon Web Services
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Innovative Solutions Signs Strategic Agreement with AWSCNW•Jan 03, 2023•Amazon Web Services, Innovative Solutions, Innovative Solutions, Innovative Solutions and 1 other
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Montoux confirms group of industry experts as new strategic advisorsPR Newswire•Jun 09, 2022•Montoux, New York Life Insurance
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Kiwi fintech Montoux launches into the UK with Scottish Widows roll-outReseller•Nov 06, 2019•Scottish Widows, Montoux
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