Cyence

Cyence

A Unique Cyber Risk Modeling Platform For The Insurance Industry. Learn more
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DateInvestorsAmountRound

$40.0m

Series A
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N/A

Acquisition
Total Funding€36.4m

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Cyence.net specializes in providing advanced analytics and risk management solutions for the insurance industry. The company operates primarily in the Americas, serving a diverse range of clients including personal, commercial, and workers' compensation insurance providers. Cyence.net's core offerings include predictive analytics, data integration, and comprehensive insurance suite solutions such as BillingCenter, ClaimCenter, and Guidewire Live Analytics. These products help insurance companies optimize their operations, enhance decision-making, and improve customer engagement through data-driven insights.

Cyence.net's business model revolves around a subscription-based SaaS (Software as a Service) platform, generating revenue through recurring subscription fees from its clients. The company also offers add-on modules and customized solutions to meet specific client needs, further enhancing its revenue streams.

Key clients include Amerisafe, Donegal Insurance Group, Anchor Insurance Holdings, and CEM Insurance Company. By leveraging its robust data analytics capabilities, Cyence.net helps these clients mitigate risks, streamline claims processing, and improve overall operational efficiency.

Keywords: insurance analytics, risk management, predictive analytics, data integration, BillingCenter, ClaimCenter, Guidewire Live, SaaS, insurance suite, customer engagement.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.