Virtual i Technologies Companies

Virtual i Technologies is an innovative insurtech company that provides solutions for the insurance industry to carry out risk assessment and underwriting. Their mission is to democratize high-quality and normally expensive services such as risk engineering and loss prevention, allowing business owners to access loss prevention advisory services and ensuring their business continuity in difficult times. They achieve cost savings for insurers and reduce the probability of picking up a bad risk through their proprietary platform, Virtual Risk Space\u2122, which allows structured data collection and quick objective scientific risk assessment. The tool is smart and friendly, and implementing it requires no change management or adaptation of IT systems. Virtual i Technologies is now developing capabilities powered by artificial intelligence and machine learning and has filed patents to transform the way the insurance industry carries out risk engineering assessments.

Total Funding: 3910831.0
Headquarters: Zurich, Zurich, Switzerland
Funding Status: Seed
Employee Number: 11-50
Last Funding Type: Seed
Technology: Machine Learning
Last Funding Date: 2021-08-06
Investors Number: 5.0
Founded Date: 2018-01-01
Industry: Research & Consulting Services