CompScience provides a visual AI platform that identifies risks and predicts incidents before they become claims, integrating with existing camera systems to remove the need for additional equipment or physical inspections. The platform strengthens client relationships and creates safer workplaces while empowering brokers with AI-powered risk mitigation tools. It enables brokers to proactively address workplace hazards, reduce claims, and lower costs, and helps businesses turn risk management into a competitive advantage. The company is led by CEO and Founder Josh Butler and operates in the commercial property & casualty insurance sector. CompScience raised $27.6M in a Series B to accelerate product innovation, scale operations, and expand market reach. The company is based in San Francisco, CA. CompScience provides an AI-powered safety analytics platform that combines visual AI with insurance incentives to analyze workplace security video using AI and data science techniques. The company delivers risk mitigation services to measurably reduce hazard exposure as part of a workers’ compensation policy or via a SaaS offering. Led by Founder and CEO Josh Butler, CompScience partners with insurers and agencies to deploy its technology. The company plans to use new funding to expand into additional industry verticals, grow its technology and service offerings, and build out its staff of insurance and safety experts in several existing and additional high-risk industries. CompScience reported growing its insurance business over 10x and reducing injury rates by 23% so far this year. Existing partners cited in the article include Swiss Re, Nationwide, and 10 of the top 20 commercial insurance agencies in the United States. CompScience offers an AI-powered workplace safety analytics platform that provides video analytics as a service and data-driven recommendations. Using existing worksite video, the platform generates proprietary risk factors from more than 50 behavioral and environmental hazard detectors and maintains an expanding library of computer vision models. The company emphasizes privacy: its AI-driven system does not identify individuals or retain personal information. CompScience is led by founder and CEO Josh Butler and is based in San Francisco, CA. In August 2022 it closed a $6M seed funding round to expand operations and broaden its business reach. The company is targeting the large workplace-safety market, cited in the article as a $6 trillion opportunity.

Total raised

$44M

Funding rounds

3

Latest round

Series B

Latest activity

Feb 2025