Assured Insurance Technologies, Inc.

California

Classification

Private

About

About

Assured Insurance Technologies, Inc. is a company focused on leveraging artificial intelligence to automate and streamline insurance claims processing. Assured aims to enhance efficiency in the insurance industry by deploying AI-driven solutions that reduce manual workloads, improve claims accuracy, and accelerate payouts, targeting insurers seeking to modernize their operations in a competitive market. Business/Product Breakdown Assured Insurance Technologies offers an AI-powered platform designed to automate key aspects of insurance claims management. The core product integrates machine learning and natural language processing to analyze claims data, assess validity, and expedite decision-making, minimizing human intervention. It supports multiple insurance lines, including property, casualty, and health, with features such as real-time fraud detection, automated document processing, and predictive analytics for claims outcomes. The platform is delivered as a software-as-a-service (SaaS) solution, enabling insurers to integrate it into existing systems via APIs or deploy it as a standalone tool. Assured's technology aims to cut processing times and costs, offering a scalable solution for insurers ranging from mid-sized firms to large enterprises.

Financials

Revenue & Profit

Revenue

Valuation

Valuation

Ratios

Revenue / EBITDA
$123 MM
Valuation / Revenue
$123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

People

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone
John DoeEmployee
--
Jane DoeEmployee
John DoeEmployee
John DoeEmployee

401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

Deals

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

Deal Amount

$120M

Target Company Valuation

$1.20 MM

Techniques

Acquisition of Assets, Taken Private

Stake Tags

100%

Is PE deal

Yes

Is deal PE backed

Yes

Total Acquired

100%

Secondary Transaction2023-09-01Canceled

Target

BrightHealth Technologies

Seller

Early Investors Consortium

Investor Sponsors

--

Deal Amount

Undisclosed

Target Company Valuation

NaN

Techniques

Secondary Sale, Management Buy-out (MBO)

Stake Tags

Majority

Is PE deal

No

Is deal PE backed

Yes

Total Acquired

65%

Funding

Keywords

Keywords

Classified

Private