Planck, an AI-based data platform for insurance underwriting, announced today that it has raised a $16 million Series B led by Team8 Capital. All of the startup’s existing investors—Viola FinTech, Arbor Ventures and Eight Roads—also participated, while Nationwide and Hannover Digital Investments joined as strategic investors. Based in New York, Planck provides large insurance companies with data analytics. The startup doesn’t disclose its exact number of customers, but co-founder and CEO Elad Tsur told TechCrunch it currently works with “dozens of commercial insurance companies in the U.S., and among them…
