Moneta Seeds announced today the closing of its investment in Atidot, an Israeli startup, that develops a breakthrough technology for the insurance industry. Atidot, (www.atidot.com) is building a cloud predictive analytic platform for actuarial and risk management purposes. Atidot’s product analyzes data, enriches the customer’s attributes using external sources and builds the most accurate model to predict life and health insurance models. Atidot founders are top notch technologists who graduated IDF elite technology unit – Talpiot.
Moneta’s investment followed the evaluation of Atidot’s technologyby some of the largest insurance firms in the world. The company is already in pilot & tests with Israeli and foreign insurance firms.
As part of the investment, Moneta manager – Meirav Har Noy, has joined the Board of Directors