Fintech Startup Earnix Raises $75M At Valuation of $1.5B
Summary
US-Israeli fintech startup Earnix, a global provider of advanced AI-powered rating, pricing, and product personalization solutions for insurance and banking, has announced $75 million in growth funding with a pre-money valuation of $1 billion. Founded in 2001, Earnix combines innovative AI with advanced analytics, which enables clients to present highly personalized offers with the right product at the right price at the right time. Hosted in the cloud, Earnix’s offerings enable agile processes, robust automation, and strong governance in alignment with business objectives. Driven by advanced Israeli technology, Earnix “will continue to accelerate new product innovation while facilitating rapid development of its flexible and open platform,” the company’s statement said. “This is just another testament to both the power and differentiation of our existing product offering, with its unique and innovative capabilities, and the untapped potential in further driving the success of our clients globally.
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