Praedicat is a Culver City-based spinout of the RAND Corporation that provides consulting services and software to the property and casualty insurance industry. The company develops tools and technology specifically for the liability insurance market. It was announced earlier by RAND and Risk Management Solutions, Inc. According to a regulatory filing, Praedicat raised $8.0M as part of its formation. RAND said this is the first time it has spun off a company for commercial application of its technology research. Beyond the initial raise and announced focus areas, no additional operating metrics or financial details were disclosed in the article.

Total raised

$8M

Funding rounds

1

Latest round

Equity

Latest activity

Mar 2012