– Leverages an enterprise grade intrusion detection system, behavior analytics, and machine learning to guard against smart home/small office threats.
– Partners with insurers to help offer personal lines of business for cyber protection, proactively manage their payout risks for property and casualty policies, and collect key smart home data while delivering value to consumers very early in the customer acquisition cycle.
– Offers device identification and classification and zero day threat detection capabilities for unmanaged devices.
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.
