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Top 5 Underwriting & Rating Software Companies With $1M–$5M Revenue (September 2026)

As of September 2026, Latka tracks 5 underwriting & rating software companies with $1M–$5M in annual revenue. They have combined revenues of $13.3M and employ 137 people. They have raised $7.8M and serve 400 customers combined.

Every company below sells underwriting & rating 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 Underwriting & Rating Software Companies do

Underwriting & Rating Software comprises specialized tools aimed at assisting insurance providers and financial institutions in evaluating risks and determining policy pricing. These solutions facilitate the assessment of various factors, such as applicant information, historical data, and market conditions to ensure precise underwriting decisions. Typical workflows include data gathering, risk assessment, pricing determinations, and policy issuance. The features often encompass automation of decision-making processes, machine learning capabilities for enhanced accuracy, and compliance checks. This software is essential for underwriters, actuaries, and risk managers who require efficient and reliable methods to manage underwriting tasks and rating procedures. Additionally, these tools are designed for integration with other enterprise systems, enabling smooth data exchange. Common buyer personas include insurance underwriters, actuaries, and IT professionals seeking to optimize the underwriting process.

Companies
5
Revenue
$13.3M
Funding
$7.8M
Employees
137

Filters

Sorting: Highest -> Lowest

Filters

Top Underwriting & Rating Software Companies With $1M–$5M Revenue

Showing 5 of 5 companies ranked by annual revenue.

1Clik.ai logo
Clik.ai

Toronto, Ontario, Canada

AI Powered Automated Underwriting , Clik.ai is a AI Powered Automated Underwriting Platform for Commercial Real Estate Brokers and Lenders.

Revenue
$3.8M
Customers
400
Year founded
2018
Funding
$2M
Team size
31
2SchemeServe logo
SchemeServe

United States

SchemeServe is insurance software like no other. Hosted in the cloud for MGAs, brokers and insurers, the SchemeServe platform boasts unique flexibility. Alongside game-changing features and unstoppable innovation, the software can be shaped to suit any need. We have enabled insurance professionals to create, rate and underwrite scheme insurance for 23 years. Based in the UK, SchemeServe gives the leading edge in super-fast scheme deployment and has grown into the platform of choice for hundreds of insurance products worldwide. SchemeServe is simple enough to build products yourself, or you can choose to have them built for you by the Obsessive Support™ team, a group of award-winning ex-underwriters moulded by us into tech gurus. SchemeServe are a member of the BIBA Insurance Technology & Innovation Committee (ITIC) as well as a carbon negative company, with a commitment to strong ESG standards. National Insurance Awards 'Insurtech Award-Platform' 2023.🏆 UK Broker Awards 'Broker Support Partner of the Year' 2022.🏆

Revenue
$3.6M
Year founded
2000
Team size
33
3DigiFi logo
DigiFi

Miami, Florida, United States

Operator of an underwriting automation platform intended to make better decisions. The company platform digitizes the existing underwriting process with powerful machine learning risk models and affiliate lead generation solution that integrates with existing LOS, enabling institutions to identify more creditworthy borrowers and reduce loan defaults. Previously, the company operated as Promise Financial, a provider of loans that allow couples and parents to pay for weddings, engagement rings and honeymoons over time, with low rates and a convenient online process.

Revenue
$2.1M
Year founded
2017
Funding
$4.1M
Team size
32
4U-Rite logo
U-Rite

United States

We’re on a mission to simplify the underwriting process for commercial real estate professionals around the world. We’re doing this through both our flagship Excel-based underwriting and valuation software and our dedicated managed underwriting service. Based in Toronto, we continue to pioneer new technology solutions that are transforming how our industry acquires, develops, and manages real estate. Powered by U-Rite’s cloud engine, our software optimizes the underwriting workflow process and gets the job done more than 70% faster than competing platforms, while our Underwriting-as-a-Service offering liberates professionals to spend more time on value creation activities. Our team is comprised of expert real estate professionals who are committed to revolutionizing the way our industry approaches underwriting.

Revenue
$2M
Team size
18
5Quantee logo
Quantee

Warsaw, Poland

Quantee offers ActuAI - a SaaS Platform bringing the power of AI and startup agility to insurance pricing. ActuAI a super easy-to-use, flexible and scalable solution enabling insurance companies to build and manage the most competitive pricing up to 10x faster.

Revenue
$1.8M
Year founded
2018
Funding
$1.7M
Team size
23

Frequently asked questions about Underwriting & Rating Software Companies With $1M–$5M Revenue

How many underwriting & rating software companies with $1M–$5M in annual revenue are there?

Latka tracks 5 underwriting & rating software companies with $1M–$5M in annual revenue. Together they generate $13.3M in annual revenue and employ 137 people.

Which underwriting & rating software company with $1M–$5M in annual revenue is the largest?

Clik.ai is the largest, with $3.8M in annual revenue, founded in 2018.

How much revenue does a typical underwriting & rating software company with $1M–$5M in annual revenue make?

The average underwriting & rating software company in this list makes $2.7M a year, across 5 companies with reported revenue. They serve 400 customers combined.

Who are the leading Underwriting & Rating software vendors with $1M–$5M in annual revenue?

Ranked by annual revenue, the leaders are Clik.ai, SchemeServe, DigiFi, U-Rite and Quantee.

How much funding have underwriting & rating software companies with $1M–$5M in annual revenue raised?

The 5 underwriting & rating software companies with $1M–$5M in annual revenue tracked here have raised $7.8M in disclosed funding between them.

Related Vertical Industry Software categories

Inclusion Criteria

- The software must facilitate risk assessment and evaluation in insurance applications. - It should include features for automating decision-making and improving efficiency. - Capabilities to process and analyze large sets of data are required. - The solution must support pricing and rating tools for insurance policies. - Not just for underwriting; must also include rating functionalities. - Integration with other data systems and compliance tools is essential. - User roles targeted include underwriters, actuaries, and risk management professionals.