The Ticker

Launches a generative AI agent, ZORRO, to research regulatory filings and market activity in all 50 states.

Adds AI research agent capabilities to its underwriting tools. The research agent will conduct external research with public websites and third-party resources to be included in Sixfold’s overall risk assessment for a submission.

Plans to launch a fully autonomous AI insurance agent by the end of 2025, designed to manage sales, client support, and policy advisory end to end, to replace conventional producers. 

Rolls out API-driven United States property risk data product that uses the Federal Emergency Management Agency’s National Risk Index to provide address-level intelligence for hazards including lightning, wildfire, cold weather, drought, and heat.

Agrees to be acquired by private equity firm Advent in an all-cash deal valuing the software-as-a-service firm at about $2.5 billion. The deal is scheduled to close in the fourth quarter of 2025 or first quarter of 2026, after which Sapiens will go private. 

Secures $70 million in Series C funding led by Avataar Ventures to expand its cyber risk management platform and develop agentic AI-native CyberAGI models, while unveiling the world’s first fully autonomous continuous threat exposure management solution.

Enhances its illustration software, Pathfinder, to enable life insurance agents to create side-by-side illustrations of various life insurance and financial strategies.

Raises $12 million, in a funding round led by Framework Venture Partners with participation from Intact Ventures and existing investors, for the AI servicing platform for brokerages and agencies, bringing total funds raised to more than $20 million.

Raises $17 million for the London-based firm to build an AI-based platform to preemptively identify and fix software failures using swarms of AI agents. 

Receives $35 million in funding from Trinity Capital to fund R&D on autonomous vehicle insurance, advance its AI capabilities, and support U.S. market growth.