Gradient AI Secures $56 Million in Series C Funding

Anthony R. O’Donnell // July 30, 2024

(Image source: Gradient AI promotional video.)

Gradient AI, a Boston-based enterprise software provider of artificial intelligence (AI) solutions in the insurance industry, announced that it has raised $56.1 million in Series C funding.

Stan Smith, CEO, Gradient AI.

The round was led by Centana Growth Partners (Palo Alto), with participation from existing investors MassMutual Ventures, Sandbox Insurtech Ventures and Forte Ventures. A Gradient AI statement says the funds will be used to support product development to continue driving innovation and efficiency in the insurance industry and to

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