Articles from Lazarus AI

Lazarus AI today announced $43 million in funding, with participation from QBE, Mucker Capital, Motivate Ventures, State Farm Ventures, Wave Function Ventures, Indelible Solutions, Joyance Partners, AllegisNL Capital, One Way Ventures, AngelList, Techstars, Plug and Play and others. Lazarus applies AI to consequential problems while customers keep control of data, models, deployment and economics.

Lazarus AI today introduced its flagship Applied Intelligence Engine (AIE), a model-independent infrastructure designed to close the gap between AI experimentation and production-grade deployment, giving regulated enterprises the reliability, control, and speed to drive AI beyond the pilot stage. Working with any foundation model, Lazarus AIE enables insurance, healthcare, government, fintech, and other enterprises to turn data into meaningful insights to workflows, technology stacks, and processes while improving operational efficiency, mitigating risk, and driving growth.

Lazarus AI has successfully secured participation from AllegisNL Capital into the convertible note financing. AllegisNL Capital is a venture capital fund supported by Nippon Life Group, investing in innovative companies at the intersection of technology and insurance or adjacent industries. AllegisNL Capital expects Lazarus AI's technology to further expand its reach into the Japanese insurance market where Nippon Life Insurance Company, Japan’s leading life insurance company, is headquartered.