Continuity Secures €10M in Series A Funding for AI-Powered Risk Detection Platform
Continuity, a company based in Paris, France, has recently raised €10M in Series A funding for its AI-powered risk detection platform aimed at professional and commercial insurers. The funding round was led by 115K, with additional participation from Elaia and Bpifrance.
The company, led by CEO Benoît Pastorelli, plans to use the funds to expand its operations and further develop its platform. Continuity’s platform enables commercial insurers to streamline underwriting processes from portfolio entry to contract lifecycle, providing valuable insights to improve profitability and efficiency.
Notable partner companies such as AXA, Crédit Agricole, Entoria, Groupama, MACIF, IME, Sada Assurances, Wakam, and Hiscox are already using Continuity to enhance risk assessment during underwriting and optimize long-term risk monitoring.
This funding round signifies a significant milestone for Continuity as they continue to revolutionize risk detection in the insurance industry.
Source: FinSMEs