Artificial Labs, a provider of digital broking and underwriting technology, has completed a Series B round, securing $45m (£32.79m) in financing.
The investment round was led by CommerzVentures, with participation from Move Capital Fund I, a European B2B technology investor.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Existing investors including Augmentum Fintech, 6 Degrees Capital, FOM and TrueSight Ventures also contributed to the funding round.
CommerzVentures managing partner Heiko Schwender said: “We have been backing next-generation technology businesses for more than a decade. Artificial’s platform addresses a real, structural problem that has constrained efficiency in commercial and specialty insurance for decades.
“The team’s combination of deep insurance domain expertise and world-class engineering is rare, and it uniquely positions them to redefine this market.”
The London-based company plans to double in size over the next 12 months.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataExpansion into the US market is expected in 2026, while the company continues to focus on strengthening its presence in the London market.
Artificial Labs serves the specialty and commercial insurance sectors.
Its platform is designed to help brokers and carriers manage workflows and integrate with existing systems.
Co-founder David King stated: “This round gives us the room to grow with confidence.
“The investment allows us to scale in a way that keeps pace with our clients. We have the teams, the technology and the stability to support the largest brokers and carriers as they modernise how they operate.”
