mea Platform
124 City Road, London, EC1V 2NX, United Kingdom
Overview
Founded in 2021, mea Platform develops proprietary, insurance-specific AI products that rapidly improve combined ratios and margins by automating submission ingestion and broader operational workflows. The company’s domain-specific language model and insurance knowledge graph allow fast, non-invasive deployments that can cut operating costs by up to 60%. mea currently supports live client deployments across 21 countries and has processed more than $400 billion in gross written premium through its platform. Customers include global names such as AXIS, CNA, The Hartford, Markel, SCOR, Lloyd’s of London, and Accenture. Despite extensive tech spending in the sector, many insurance processes remain manual, giving mea a large addressable market estimated at roughly $2 trillion in annual industry costs. The company has been intentionally bootstrapped since inception and is now in its fourth consecutive year of profitable growth. The new capital will accelerate product development and customer engagement as mea expands its agentic AI capabilities across all (re)insurance operations.
- Total raised
- $50M
- Funding rounds
- 1
- Latest round
- Equity
- Latest activity
- Feb 2026
Industries
- Advice
- Insurance
- InsurTech
Recent funding
Equity
Feb 2026
$50M