Over the last several weeks, Arturo shared a three-part series that deep dives into the strength of our labeling process and how our team, technology, and processes separate us from the competition and enable our on-demand processing, resulting in the most accurate and up-to-date property information available to property and casualty insurance carriers. 

Arturo, a U.S.-based AI-powered platform that derives property insights and predictive analytics from aerial and satellite imagery, announced on Tuesday it secured $25 million through its Series B funding round, which was led by Atlantic Bridge Capital with participation from RPS Ventures and existing investors Crosslink Capital and IAG Firemark Ventures.

Over the last 5-10 years, imagery has emerged as a new data input among insurance carriers. Imagery sources from aerial, satellites, stratospheric balloons, drones, and other sources of geospatial imagery have just recently become commonplace across the property ecosystem and provide more information than ever before.

Throughout the year, Chicago Inno works to bring you the essential startup news to know about Chicago’s growing tech scene. From new company launches, large venture funding rounds, IPO announcements and everything in between, Chicago Inno is your source for daily innovation news. But at the end of each year, we like to take a step back and look at the companies that are poised for big things in the year to come.

Chicago’s tech companies have a knack for shaking up established industries with new and innovative ideas and solutions. Fintech and healthtech are two major areas of disruption, and insurance technology –– or “insurtech” to those in the know –– looks like it could be next up.