FinanceTechCrunchabout 1 hour ago
Guidewire Buys Hyperexponential for $1.7B
1 min read
Insurance tech company Guidewire announced Tuesday the acquisition of agentic underwriting startup Hyperexponential for $1.7 billion in cash. The deal, expected to close next year, aims to deploy AI agents alongside humans for underwriting decisions. Total value reaches around $2 billion with $400 million in contingent capital if revenue targets are hit.
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