2024 Revenue
$20.5M(Est.)
Customers
350
Funding
$41.9M
Avg ACV
$58.4K
Team
166
Founded
2018
AKUR8 Revenue & Funding (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 | Source |
|---|---|---|
| 2024 | AKUR8 Hit $20.5m revenue in October 2024 | Estimated |
| 2023 | AKUR8 Hit $10.2m revenue in December 2023 | Estimated |
| 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 | Source |
|---|---|---|---|---|---|
| 2021 | Funding round | $29.8M | - | - | |
| 2020 | Funding round | $9.5M | - | - | |
| 2018 | Funding round | $2.6M | - | - |
Founders
Samuel Falmagne
CEO
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.
Brune Linares
Co-founder & Chief Client Officer
Brune Linares is listed as Co-founder & Chief Client Officer at AKUR8.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
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Customers
AKUR8 serves 350 customers.
AKUR8 Employees & Team Size
AKUR8 employs approximately 166 people as of 2026, up from 110 in 2023, including 3 sales reps that carry a quota. It serves 350 customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 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) |
Frequently Asked Questions about AKUR8
What is AKUR8's revenue?
AKUR8 generates an estimated $20.5M in annual 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 across 3 rounds.
How many employees does AKUR8 have?
AKUR8 has 166 employees.
Where is AKUR8 headquarters?
AKUR8 is headquartered in Paris, Ile-de-france, France.
Compare AKUR8 to the industry
AKUR8 operates across multiple industries. Browse revenue, funding, and growth data for AKUR8 in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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