Insurance Journal Research · Apr 2026
Case study download about a ~10% rate cut driving 2.9x new business volume while improving loss ratio by 3 points using Soteris Precision AI.
We write ML software to more accurately select & price insurance risk.
Company research
Public company, workplace, funding, and market signals
Updated Jul 30, 2026
Overview
Soteris is a San Francisco-based insurtech company building AI underwriting and pricing software for P&C insurers. Its platform uses policy-level risk scoring and workflow-embedded decisioning to help carriers and MGAs price more precisely, grow profitable premium, and reduce loss ratios.
Primary product
Soteris Precision AI / AI underwriting & pricing platform for P&C insurance
Founded
2018
Headquarters
San Francisco, California, United States
Team size
1-10
Industry
Software Development
Sub-industry
Insurtech / insurance underwriting and pricing software
Offices
San Francisco, California, United States
Australia
Business model
B2B SaaS
Enterprise software
API/platform licensing
Funding
People & investors
Leadership
Founder & CEO
Director, Enterprise Sales
Head of Sales
Founding Machine Learning Engineer
Work & culture
Public evidence points to a small, execution-focused team with a collaborative engineering culture. The company emphasizes pragmatic delivery, precision decisioning, fast implementation, and using customers' own historical loss data to build customized models.
Product & market
Pricing
Enterprise SaaS / contract-based pricing
Differentiators
- —Policy-level, real-time pricing precision rather than segment-level averages
- —Embedded directly into quoting and underwriting workflows
- —Custom models built from each insurer's own historical loss data
- —Supports soft-market growth and hard-market selection without blunt appetite cuts
- —Can be deployed without rate filing changes
Technology
Python
machine learning
API-first integrations
cloud infrastructure
Google Analytics
policy admin systems integration
rating engines
claims platforms
quoting workflows
Customers
P&C insurers
MGAs
non-standard auto insurers
admitted insurers
regional auto insurers
reinsurers / capacity partners
Competitors
Verisk
Carpe Data
hyperexponential
dacadoo
Informed
Scale & contact
Estimated revenue
≈$5.2M ARR (estimated; public estimate dated 2025-04-10)
Latest news
Carrier Management Research · Apr 2026
Similar research page highlighting the 2.9x growth and 3-point loss ratio improvement case study tied to Soteris.
Signalbase · Jul 2025
Summarizes the new $8M funding milestone and the company's point-of-sale predictive scoring approach for insurers and MGAs.
Coverager · Jul 2025
Reports Soteris raised $8M, bringing total funding to about $8.2M, following a $150K Y Combinator investment in 2019.
Dealroom · Jul 2025
Notes the July 2025 funding round, the company’s 2018 founding, and its machine-learning insurance pricing focus.
Jobs and careers at Soteris
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