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Arturo

4643 South Ulster Street Suite 230, Denver, Colorado, 80237, United States

Overview

Arturo uses deep learning to extract detailed physical property characteristics and predictive analysis from satellite, aerial, stratospheric and ground-level imagery, often delivering results in as little as five seconds. The company increased the number of extractable property attributes to 71 within the past 18 months and has completed over 35 million on-demand property analyses since becoming commercially available in 2018. Arturo spun out from American Family Insurance and serves property & casualty insurers, reinsurers, lenders and the securities markets. It reports revenue growth of over 300% in the past 12 months and counts two of the top five U.S. P&C insurers and the two leading insurers in the Australian market among its clients. Near-term plans include expanding the technical team, deepening partnerships with imagery providers, and broadening geographic coverage into Europe and Southeast Asia. The company intends to roll out offerings to the commercial property sector and other built-environment customers such as banks, asset managers and other financial institutions. Arturo provides structured property characteristic data and predictive analysis for residential and commercial properties using satellite, aerial, drone, and ground-level imagery. The company leverages deep-learning models to deliver differentiated property data—often in as little as five seconds—for use across pricing, underwriting, renewal and claims workflows. Arturo was spun out of American Family Insurance in 2018 after more than three years as an internal R&D group. Since launching as a standalone company it has steadily gained clients and industry recognition for its models. The company serves Property & Casualty insurance, reinsurance, lending, and securities markets. Arturo plans to use its recent financing to expand its business in North America and the Asia Pacific. Arturo develops deep-learning property analytics that extract structured property observations and predictions from satellite, aerial, drone, and ground-level imagery. Its models generate detailed property information often in under five seconds and are positioned for use across P&C insurance, reinsurance, lending, securities, and property management. The technology originated from more than three years of research and investment inside American Family Insurance, with product feedback from claims and underwriting professionals. Arturo was created adjacent to real customer problems through American Family’s Data Science and Analytics Lab and was spun out to bring the technology to a broader market. American Family remains both a customer and an investor following the spin-out. Arturo leverages proprietary data sources alongside imagery to deliver on-demand, near-real-time property data.

Total raised
$33M
Funding rounds
3
Latest round
Series B
Latest activity
Apr 2021

Industries

  • Artificial Intelligence (AI)
  • InsurTech
  • Machine Learning
  • Predictive Analytics
  • Property Management
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Recent funding

  1. Series B

    Apr 2021

    $25M

  2. Series A

    Apr 2020

    $8M

Team

  • Greg Oslan

    CEO

    LinkedIn
  • Michelle Joseph

    Chief People Officer

    LinkedIn
  • Matthias Anderer

    Senior Product Manager - Product AI

  • Joe Brown

    VP of Sales, Service

    LinkedIn