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Arturo Raises $25 Million in Series B Funding for AI Platform to Help P&C Insurers and Banks Better Understand Physical Properties
April 27, 2021 GMT
Some of the insights Arturo’s AI engine is able to deduce from aerial, satellite and stratospheric photography (Photo: Business Wire)
Some of the insights Arturo’s AI engine is able to deduce from aerial, satellite and stratospheric photography (Photo: Business Wire)
CHICAGO (BUSINESS WIRE) Apr 27, 2021
Arturo, an AI-powered platform that derives property insights and predictive analytics from aerial and satellite imagery, raised $25 million in a Series B funding round led by Atlantic Bridge Capital, with participation from RPS Ventures and existing investors Crosslink Capital and IAG Firemark Ventures – the venture capital fund for IAG, Australia’s largest general insurer.
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Roman Buegler named VP of Research and Development
Arturo, an AI-powered platform that derives property insights and predictive analytics from aerial and satellite imagery, announced the addition of machine learning expert Roman Buegler to the team as vice president of research and development. Based in Munich, Buegler will be focused on building out the team to develop new machine learning products and further expand Arturo s property analytics capabilities on satellite and aerial imagery for the global insurance industry.
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Roman Buegler, Arturo s vice president of research and development (Photo: Business Wire)