“CompScience, the leading active commercial P&C insurance, today announced the successful close of its $27.6M Series B funding round, led by Sands Capital. This investment will accelerate product innovation, scale operations, and expand market reach to help more organizations prevent serious injuries and fatalities (SIFs). Other investors, including Four More Capital, Working Capital, and Valor Equity Partners…are backing CompScience’s generative AI-driven approach to risk reduction, reinforcing confidence in its broad industry impact.”
CompScience’s AI platform identifies risks and predicts incidents before they become claims, helping businesses and brokers enhance workplace safety while reducing costs. “This funding is a testament to the value we’re delivering to organizations that are committed to protecting their workforce,” said Josh Butler, Founder and CEO of CompScience.
Read the full press release on PRNewswire to learn more about how this Series B funding will shape the future of AI-driven risk prevention and insurance innovation.