SAN FRANCISCO, CA, CompScience, the leading active commercial P&C insurance, today announced the successful close of its $27.6 million Series B funding round, led by Sands Capital.
This investment will accelerate product innovation, scale operations, and expand market reach to help more organizations prevent serious injuries and fatalities (SIFs). Other investors, including Four More Capital, Working Capital, and Valor Equity Partners-investors in companies such as Tesla, Coalition, SpaceX, and Anduril-are backing CompScience's generative AI-driven approach to risk reduction, reinforcing confidence in its broad industry impact.
CompScience Workers' Comp Insurance reduces a major cost for businesses by avoiding expensive, life-changing injuries. The Intelligent Safety Platform is based on bundled AI-powered safety analytics that provide risk assessment and recommendations to make workplaces safer and more productive.
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