Valen Technologies is a Denver, CO–based provider of cloud turnkey predictive analytics solutions for the property and casualty insurance market. Led by President and CEO Dax Craig, the company builds, deploys and monitors models to improve risk selection, pricing, underwriting and to optimize premium audit processes. Its core product is a cloud-based predictive analytics platform coupled with services to implement and monitor models. The company intends to use new funding to expand its data consortium, enhance the predictive analytics platform, develop channels and accelerate sales and marketing. The article does not disclose operating metrics such as revenue or users.

Total raised

$8M

Funding rounds

1

Latest round

Equity

Latest activity

Sep 2011