Tyche

insurtechclaims

STATUS: Closed
FOUNDING YEAR: 2014
LOCATION: United States
Last Update: 19/01/2021

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About

Tyche discovers new information to help insurers make smart decisions about the commercial risks they insure.

MEDICI Analysis

Tyche is an analytics platform to help stakeholders in disputed claims identify and focus on the factors most important to their successful resolution in order to reduce costs and achieve optimal claims outcomes for both carriers and their customers. Tyche develops proprietary risk management technology, which uses natural language processing and machine learning to transform unstructured insurance and legal claims data into claims management and underwriting insight.

Focus

PRODUCTS & SERVICES

Insurance claim management platform using predictive analytics. It help insurers to make smart decisions about the risks they insure.

REVENUE MODEL

The company charges fees for data analysis and software subscriptions.

MAIN CLIENTS

Insurance companies

EXISTING PARTNERSHIPS

Partnered with XOR data exchange firm to develop and operate a state-of-the-art

highly secure and fully compliant private technology and analytics environment.

People

FOUNDERS

Adam Cassady

David DeAngelis

NUMBER OF EMPLOYEES

11-50

INVESTORS:

Alchemist Accelerator

Global Insurance Accelerator

Momentum

FUNDED

NO

NUMBER OF FUNDING ROUNDS

1

TOTAL FUNDING

$40 K

DATE OF LAST FUNDING

Apr 2015

IPO STATUS

Private

ESTIMETED REVENUE RANGE

Less than $1M

SEED & PRIOR FUNDING

$40 K

SEED CLOSED ON

Apr 2015

LISTED

NO

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

140

AVERAGE VISITS (6 MONTHS)

344.93

MONTHLY VISITS GROWTH

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VISIT DURATION

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VISIT DURATION GROWTH

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PAGE VIEWS VISIT

1

PAGE VIEWS VISIT GROWTH

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BOUNCE RATE

100%

BOUNCE RATE GROWTH

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GLOBAL TRAFFIC RANK

19,868,783

MONTHLY RANK CHANGE

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MONTHLY RANK GROWTH

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