Artificial Labs, a provider of digital broking and underwriting technology for the specialty and commercial insurance markets, has completed a 拢33 million Series B funding round.
The raise marks a major milestone for Artificial as it continues to grow and expand its global market presence.
The round was led by CommerzVentures, a leading European Fintech investor, with support from Move Capital Fund I, a leading European B2B Tech investor, and existing investors.
鈥淭his round gives us the room to grow with confidence,鈥� said David King, co鈥慺ounder of Artificial. 鈥淭he investment allows us to scale in a way that keeps pace with our clients. We have the teams, the technology, and the stability to support the largest brokers and carriers as they modernise how they operate.鈥�
Artificial expects to double in size over the next 12 months, reinforcing its position as one of the strongest insurance technology partners in the market. The business will also expand its global footprint into the US in 2026, while growing its presence and consolidating its leadership position in the London market.
鈥淲e have built a platform that solves real problems for insurance,鈥� said Johnny Bridges, co鈥慺ounder of Artificial. 鈥淲ith this investment, we will grow our team, continue to innovate, and ensure that Artificial remains the natural choice for brokers and carriers seeking a smarter way to trade digitally.鈥�
Alongside CommerzVentures and Move Capital Fund I, the round includes continued backing from existing investors, including Augmentum Fintech, 6 Degrees Capital, FOM, and TrueSight Ventures, reflecting their ongoing confidence in Artificial鈥檚 direction and long-term strategy.
鈥淲e are thrilled to support Artificial as they extend their leadership globally,鈥� says Heiko Schwender, managing partner at CommerzVentures. 鈥淲e have been backing next鈥慻eneration technology businesses for more than a decade.聽
鈥淎rtificial鈥檚 platform addresses a real, structural problem that has constrained efficiency in commercial and specialty insurance for decades. The team鈥檚 combination of deep insurance domain expertise and world鈥慶lass engineering is rare, and it uniquely positions them to redefine this market.鈥�