Startup profile · funding coverage
hyperexponential funding, valuation and investors
Pricing decision intelligence platform (hx Renew) replacing Excel actuarial models for insurers.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Series B
$73M · 2024
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
$73M
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
private
series b · London, United Kingdom
Overview
hyperexponential (hx) builds hx Renew, a pricing decision-intelligence platform that replaces Excel-based actuarial models for insurance carriers.
Why hyperexponential is interesting
Customers write $37B+ premium in platform; Angela Strange (a16z) joined board as U.S. expansion begins.
Product & use cases
hyperexponential (hx) builds hx Renew — pricing decision-intelligence replacing Excel-based actuarial models for insurance carriers.
- Actuarial pricing model modernization
- Faster auditable pricing decisions at carriers
- Replacing spreadsheet-based underwriting workflows
Key facts
- Series B (2024): $73M led by Battery Ventures with a16z participation — company newsroom
- Customers reportedly write $37B+ in premium on the hx Renew platform; Angela Strange (a16z) joined the board
Funding history (newest first)
Series B
2024 $73MInvestors in our directory
Funds linked from hyperexponential's profile — open a fund page for stage focus and related deal articles.
Competitive landscape
Edge: Customers write $37B+ premium on platform; Angela Strange (a16z) joined board for U.S. expansion.
Insurance pricing still runs on Excel at many carriers. hx Renew targets faster, auditable decisions — $73M Series B funds U.S. expansion.
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Excel/manual actuarial models incumbent
Status quo hx Renew replaces.
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Earnix direct
Insurance pricing optimization; hx focused on actuarial workflow.
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Guidewire adjacent
Insurance core platform; hx specialized on pricing intelligence.
Notable stories
- Customers reportedly write $37B+ in premium on hx Renew platform (company newsroom, 2024).
- Angela Strange (a16z) joined board at Series B for U.S. expansion.
Industries
Related funding articles
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