Intelligent AI has developed a digital platform for insurers and property owners to improve the speed, efficiency, and accuracy of property risk assessments, reducing costs and enabling more appropriate policies. The company is part of the Tech South West Growth Forge accelerator and has secured a multi-million pound UK reseller agreement to take its platform to market. Intelligent AI is headquartered in Exeter and also has an office in Newquay; it was founded in 2020. In May 2024 the company raised £800,000 in new funding. With the latest funding, Intelligent AI plans to double its team and broaden its national footprint. The article does not disclose operating revenue or user metrics. Intelligent AI builds a cloud-based intelligent risk platform that creates digital twins of physical properties to map and quantify risk for insurers. The platform analyzes more than 300 data points, including satellite imagery, to generate accurate property risk data without costly onsite surveys. Its product is aimed at helping insurers write policy terms and predict risk on commercial properties more accurately. The company is part of the Innovate UK–funded KnowRisk Consortium, linking insurance, supply chain and audit risk for a 360-degree enterprise view. Future product development includes a risk report analyzer feature that converts reports into risk mitigation programs. Intelligent AI is led by founder and CEO Anthony Peake and is based in Exeter, UK.

Total raised

$3M

Funding rounds

2

Latest round

Equity

Latest activity

May 2024