Xceedance Invests in L&H-Focused AI Company Friendly

Anthony R. O’Donnell // March 26, 2025

(Image source: Friendly homepage.)

Xceedance (Boston), a global provider of insurance-focused consulting, technology, operations, and data solutions, announced that it has made a strategic investment in Friendly (San Francisco), an artificial intelligence (AI) company focused on life & health (L&H) underwriting, claims management, and risk assessment processes.

Arun Balakrishnan, CEO, Xceedance.

Friendly’s flagship platform transforms complex medical and third-party data into structured, AI-ready insights, for life, disability, long-term care (LTC), critical illness (CI), casualty, and reinsurance underwriters assessing risk, according to a joint statement

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