– Founders Initially validated service in US air force In 2001, US Air Force financial analysts validated the framework when we cut aviation weather delays from 5,000 to 1,800 in one year, recovering over $200 M.SaaS fully integrates – Weather into the decision matrix that is necessary to streamline operations, reducing safety risks, avoiding unnecessary costs due to delays.”
Novee AI Raises £1.6M to Build Intelligence Layer for Commercial and Specialty Underwriting
Novee AI, a London-based insurtech startup, has secured £1.6 million in pre-seed funding to develop its AI-powered risk assessment platform for commercial and specialty insurance. The round was led by early-stage B2B SaaS investor 42Cap, with additional backing from Insurtech Gateway, a prominent investor in insurance technology.
