P
Planck
Empowers insurance companies with a commercial insurance data platform
About Planck
Planck is a data analytics company that specializes in automating the acquisition and processing of underwriting data for commercial insurers. By leveraging proprietary artificial intelligence capabilities, including computer vision and natural language processing, Planck interprets millions of data points to provide valuable insights into business risks. The company serves commercial insurers looking to improve underwriting efficiency, increase submission-to-bind ratios, and reduce loss and expense ratios. Planck's business model revolves around providing real-time, accurate customer and risk insights, which help insurers streamline claim adjudication and detect fraud. The company generates revenue by offering these data-driven solutions to enhance the profitability and operational efficiency of its clients. Key performance indicators include gross written premiums, expense ratios, and claim settlement times. Planck's technology is designed to improve exposure management and data cleansing, ultimately allowing underwriters to focus on value-added work.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2015
- Headquarters
- Tel Aviv-Yafo, Israel
- Employees
- 76
- Open positions
- 5
- Dealroom signal
- 84.3/100
- Industry
- Fintech
- Sub-industry
- Insurance
- Sector
- Fintech, User Experience, Risk Management, User Engagement, Commerce, Insurtech Underwriting, Insurtech Distribution and Brokerage, Insurtech Claim, PandC Insurance
- Technology
- Big Data, Recognition Technology
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Jul 2024 | $0 | — | Applied Systems | ↗ |
| LATE VCOther financing | Apr 2023 | $0 | — | IAG Firemark Ventures | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Planck is 3.2K monthly website visits, down 13.5% over the last three months. Planck's team grew 5.6% over the past year.
Open positions
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A6 investors entered at this stage
Arbor Ventures
Viola Fintech
Eight Roads Ventures
Hannover Digital Investments
Team8
Nationwide Ventures
Series B and later4 investors entered at this stage
Greenfield Partners
3L Capital
Vintage Investment Partners
IAG Firemark Ventures
Other known investors1 additional known investor
Applied Systems
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Planck on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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