M&A Deal Summary

Insurance Quantified Acquires Groundspeed Analytics

On June 21, 2023, Insurance Quantified acquired internet software and services company Groundspeed Analytics

Acquisition Highlights
  • This is Insurance Quantified’s 1st transaction in the Internet Software and Services sector.
  • This is Insurance Quantified’s 1st transaction in the United States.
  • This is Insurance Quantified’s 1st transaction in Michigan.

M&A Deal Summary

Date 2023-06-21
Target Groundspeed Analytics
Sector Internet Software and Services
Buyer(s) Insurance Quantified
Deal Type Add-on Acquisition

Target

Groundspeed Analytics

Ann Arbor, Michigan, United States
Groundspeed Analytics is a ingestion and data solutions provider for the commercial P&C industry. Groundspeed Analytics' API-based solution automates the ingestion and enrichment of unstructured risk information in policy applications. Groundspeed Analytics was founded in 2016 and is based in Ann Arbor, Michigan.

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Buyer(S) 1

Buyer

Insurance Quantified

New York, New York, United States

Category Company
Sector Insurance
DESCRIPTION

Insurance Quantified is an underwriting technology provider that arms commercial property and casualty insurance carriers and MGAs with the data and analytics they need to grow their business, improve underwriting profitability and be a preferred partner and employer. Insurance Quantified is based in New York City.


DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Michigan) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1