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Top 7 Insurance Analytics Software Companies With $5M–$10M Revenue (November 2026)

As of November 2026, Latka tracks 7 insurance analytics software companies with $5M–$10M in annual revenue. They have combined revenues of $46.9M and employ 595 people. They have raised $163.4M and serve 425 customers combined.

Every company below sells insurance analytics software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.

What Insurance Analytics Software Companies do

Insurance Analytics Software refers to applications designed to analyze and visualize data related to insurance policies, claims, customer behavior, and risk management. These tools utilize advanced data analytics, machine learning, and artificial intelligence to enable insurers to make informed decisions that enhance operational efficiency and drive profitability. Primary use cases include fraud detection, predictive modeling, customer segmentation, and compliance monitoring. Key features of insurance analytics software often include data integration capabilities, interactive dashboards, real-time reporting, and predictive analytics tools. Users typically include insurance companies, underwriters, claims adjusters, and compliance officers, all seeking to leverage data insights for strategic benefits. By embedding these analytics within policy and claims workflows, organizations can enhance their customer interactions and improve overall service delivery.

Companies
7
Revenue
$46.9M
Funding
$163.4M
Employees
595

Filters

Sorting: Highest -> Lowest

Filters

Top Insurance Analytics Software Companies With $5M–$10M Revenue

Showing 7 of 7 companies ranked by annual revenue.

1Vericred logo
Vericred

New York, New York, United States

Developer of a data platform intended for the digital distribution of health insurance and employee benefits. The company's platform comprises plan design and rate data, provider-network data and formulary data, enabling insurtech and digital health companies to solutions for rapidly changing data that currently exists in non-standard and non-structured formats.

Revenue
$8.1M
Customers
300
Year founded
2014
Funding
$34.1M
Team size
109
2Sixfold AI logo
Sixfold AI

New York, New York, United States

Sixfold is a risk assessment AI solution built exclusively for insurance underwriters. The platform boosts underwriting efficiency, accuracy, and transparency.

Revenue
$7.4M
Year founded
2023
Team size
52
3FRISS logo
FRISS

Utrecht, Netherlands

Developer of a ready-to-use fraudulence detecting software designed to detect risk, eliminate fraud and secure compliance. The company's fraudulence detecting software uses proprietary analytics and indexes to mitigate risk for any application, policy or claim and delivers the FRISS Score, a risk indication, enabling businesses to detect and eliminate fraudulence and insurance risks, thereby improving decisions on quotations, policies and claims across all private and commercial lines.

Revenue
$7.3M
Year founded
2006
Funding
$88.6M
Team size
199
4Comulate logo
Comulate

San Francisco, California, United States

Comulate is a technology company leveraging AI to transform the insurance industry, specializing in accounting automation and revenue intelligence for insurance brokers.

Revenue
$7M
Year founded
2022
Team size
30
5Risk Control Technologies logo
Risk Control Technologies

Mississauga, Ontario, Canada

Developer of a risk control inspection software designed to provide insurance carriers with a unique combination of high tech loss control software and industry expertise. The company's risk control inspection software automates the loss control inspection which consists of a Web-based application combined with offline tablet applications to streamline the inspection process from request right through to completion of the field work and report creation as well as provides tools for underwriters, managers and other stakeholders to analyze risks and support decision-making, enabling them to achieve overall risk management objectives.

Revenue
$6.6M
Customers
125
Year founded
2012
Team size
59
6Carpe Data logo
Carpe Data

Santa Barbara, California, United States

Developer of predictive scoring and data products for insurers designed to provide a holistic view into each risk. The company's products leverages the social web, online content, wearables, connected devices and other forms of next-generation data to assess risk at critical steps in the insurance policy lifecycle, aggregate and assess the social web as well as consolidate and functionalize the next generation of data, enabling insurers to more accurately predict risk and innovate with new products to meet changing customer habits.

Revenue
$5.6M
Year founded
2016
Funding
$26.7M
Team size
108
7Kalepa logo
Kalepa

New York, New York, United States

AI-powered Decision Support for Commercial Underwriters

Revenue
$5M
Year founded
2017
Funding
$14M
Team size
38

Frequently asked questions about Insurance Analytics Software Companies With $5M–$10M Revenue

How many insurance analytics software companies with $5M–$10M in annual revenue are there?

Latka tracks 7 insurance analytics software companies with $5M–$10M in annual revenue. Together they generate $46.9M in annual revenue and employ 595 people.

Which insurance analytics software company with $5M–$10M in annual revenue is the largest?

Vericred is the largest, with $8.1M in annual revenue, founded in 2014.

How much revenue does a typical insurance analytics software company with $5M–$10M in annual revenue make?

The average insurance analytics software company in this list makes $6.7M a year, across 7 companies with reported revenue. They serve 425 customers combined.

Who are the leading Insurance Analytics software vendors with $5M–$10M in annual revenue?

Ranked by annual revenue, the leaders are Vericred, Sixfold AI, FRISS, Comulate and Risk Control Technologies.

How much funding have insurance analytics software companies with $5M–$10M in annual revenue raised?

The 7 insurance analytics software companies with $5M–$10M in annual revenue tracked here have raised $163.4M in disclosed funding between them.

Related Vertical Industry Software categories

Inclusion Criteria

- The software must provide tools for data analysis specifically tailored to insurance-related data. - Must include functionalities for predictive analytics to forecast trends and behaviors. - Should support integration with existing insurance management systems to facilitate data flow. - Must cater to various insurance stakeholders, including underwriters, claims handlers, and risk managers. - Not just for claims management; must also offer capabilities for underwriting and risk assessment.