Carpe Data

Carpe Data provides AI-powered online data solutions for insurance decisioning, aggregating and analyzing online sources to deliver insights for risk assessment, claims handling, underwriting, and fraud detection. The platform equips insurers with data-driven tools to identify risk, uncover fraud, and expedite low-risk claims, supporting both commercial and personal lines with solutions for small business evaluation, claimant experience enhancement, and operational efficiency. Founded in 2016 and headquartered in Santa Barbara, Carpe Data has raised approximately $8M in Series B funding from investors including Aquiline Capital Partners, Thomas H Lee Partners, MIT Alumni Angels of Boston, and New Kent Capital. The company integrates external data sources including social media, business registries, and public records into insurance workflows, enabling carriers to make more informed underwriting and claims decisions by supplementing traditional actuarial data with real-time behavioral and contextual information.