AKUR8
2024 Revenue
$20.5M
Customers
350
Funding
$41.9M
YOY
100.2%
Avg ACV
$58.4K
Team
166
Founded
2018
How AKUR8 CEO Samuel Falmagne grew AKUR8 to $20.5M revenue and 350 customers in 2024.
Akur8, the AI Pricing solution, enables insurance carriers to improve their profits and win market share with pricing models created and updated in hours instead of months. Akur8 developed unique leading edge algorithms dedicated to insurance pricing. The disruptive technology developed by our R&D team allows to combine Machine Learning and Actuarial worlds. GLM (Generalized Linear Model) is a well-established technique that answers all Risk Modelling constraints: it is easy to understand and it enables a clear validation process. But it is manual. Iterations and discoveries are long and slow, involving large number actuarial resources. Using cutting edge machine learning, we have automated GLM modelling. From variable selection to geographic smoothing, you decide the tradeoff between clarity and performance. You can immediately spot anomalies and discover new patterns. Building models with Akur8 is 10 times faster than with traditional solutions - with a better result. Akur8 solution
Last updated
AKUR8 Revenue
In 2024, AKUR8's revenue reached $20.5M. The company previously reported $10.2M in 2023. Since its launch in 2018, AKUR8 has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | AKUR8 Hit $20.5m revenue in October 2024 |
| 2023 | AKUR8 Hit $10.2m revenue in December 2023 |
| 2021 | AKUR8 Hit $3.9m revenue in April 2021 |
| 2018 | Launched with $0 revenue |
AKUR8 Valuation, Funding Rounds
AKUR8 has not publicly disclosed its valuation. The company has raised $41.9M in total funding to date.
AKUR8 has raised $41.9M in total funding across 3 rounds, with its most recent round in 2021.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2021 | Funding round | $29.8M | - | - |
| 2020 | Funding round | $9.5M | - | - |
| 2018 | Funding round | $2.6M | - | - |
AKUR8 Employees & Team Size
AKUR8 employs approximately 166 people as of 2026, up from 110 in 2023.
AKUR8 has 166 total employees in different roles and functions and 3 sales reps that carry a quota. They have 350 customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 166 employees (December 2024) |
| 2024 | Reached 154 employees (October 2024) |
| 2023 | Reached 110 employees (December 2023) |
| 2022 | Reached 107 employees (December 2022) |
| 2021 | Reached 51 employees (December 2021) |
| 2021 | Reached 51 employees (June 2021) |
| 2021 | Reached 47 employees (April 2021) |
Founder / CEO
Samuel Falmagne
Samuel is CEO of Akur8. He spent 15 years at IBM in various international sales and sales management positions before joining InsurTech Shift Technology as Head of Sales. At Shift, Samuel was instrumental in the successful internationalization of the company, including in the US. After two years at Shift, Samuel joined Guillaume and co-founded Akur8.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how AKUR8 acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about AKUR8
What is AKUR8's revenue?
AKUR8 generates $20.5M in revenue.
Who founded AKUR8?
AKUR8 was founded by Brune Linares.
Who is the CEO of AKUR8?
The CEO of AKUR8 is Samuel Falmagne.
How much funding does AKUR8 have?
AKUR8 raised $41.9M.
How many employees does AKUR8 have?
AKUR8 has 166 employees.
Where is AKUR8 headquarters?
AKUR8 is headquartered in Paris, Ile-de-france, France.
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Compare AKUR8 to the industry
AKUR8 operates across multiple industries. Browse revenue, funding, and growth data for AKUR8 in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .