Cape Analytics closed a $14 million Series A financing round led by Formation 8, with participation from XL Innovate, Data Collective, Lux Capital, Khosla Ventures, Promus Ventures and Montage Ventures. The company uses computer vision and machine learning to improve automated property underwriting for insurance companies.
Partner Peter Buckland and Associate Jaclyn Ammon represented Cape Analytics in this transaction.
To learn more about the company visit www.capeanalytics.com.