Groundspeed Analytics, an Ann Arbor InsurTech company, will describe their unique approach to structuring unstructured data for easy use by clients. Their co-CEO -- Michigan alum Jeff Mason -- will share his insights on building a company, what it's like to operate in the InsurTech space, and the opportunities and challenges of data analytics.
Groundspeed Analytics Inc. provides automation and analytics services to commercial insurers, brokers and third-party administrators. Many insurance companies tend store data in several formats: PDFs, spreadsheets, and scanned images, just to name a few. Groundspeed uses machine learning algorithms to extract and merge together this data into a cohesive, readily available package formatted to their client’s specifications.
They are a fast growing startup in Ann Arbor, Michigan. In 2018, they were featured on the FinTech 250, an annual report of the top FinTech startups around the world.
Since being founded in 2016, Groundspeed has grown to a staff of over 60 data scientists, software developers, and business analysts.
Raised a series B round of $30 million in July of 2018.