Nettle

What Nettle does

Nettle is a London-based AI software company that builds an agentic AI risk assessment platform for commercial property insurers and their risk engineering teams. The platform combines remote risk identification, bespoke inspection guides, a mobile application for on-site evidence capture (photographs, documents, voice notes), AI-powered data enrichment from NatCat, web, standards, and loss-history sources, and automated survey completion, risk scoring, and report generation. Its core proposition is collapsing the week-long cycle of surveying and assessing commercial risks into a same-day workflow, with reported customer outcomes of up to 3x faster property inspections and up to 5x productivity gains in risk assessment throughput.

The technology stack is multimodal (text, image, audio) and built on agentic AI that automates pre-survey preparation through to post-visit report generation, with native multilingual support including Turkish. The platform includes feature modules for team analytics, client improvement tracking, evidence management, instant regulatory checks, report versioning, NatCat risk analysis, third-party data integration, smart prioritisation, project dashboards, and scheduling. Nettle supports API connectivity for integration into existing underwriting and risk assessment systems, holds ISO/IEC 27001 certification, and is hosted on regional servers for data residency compliance.

Nettle operates an enterprise SaaS business model with annual subscriptions and quote-based pricing. It runs a direct enterprise field sales motion targeting major commercial insurers, complemented by distribution through Guidewire's Insurtech Vanguards program and a channel of industry events and pitch competitions. The company has five major global insurers in production deployments across the UK, Europe (including Turkey and Germany), and the US, with Allianz Türkiye as a publicly disclosed reference customer. Revenue is described as six-figure annual recurring with seven figures in active pipeline. The company raised £1.45 million in pre-seed funding led by Project A in April 2025, with a larger seed round planned for Q2 2026.

Name

Nettle

Legal name

nettle

Website

https://getnettle.com

Company type

Private

Founded year

2025

Operating status

Operating

Headcount range

1–10 employees

Short description

Nettle is a London-based AI software company that provides an agentic AI risk assessment platform for commercial property insurers, automating on-site inspections, risk scoring, and report generation to accelerate underwriting decisions and address the retiring risk engineer workforce.

Ownership category

akta.pro rank

Product category

Insurance Risk Assessment Software

NAICS

Information (51)

SIC

Services-Prepackaged Software (7372)

akta.pro industry

PRIMARYFSAGAGAE

Data, Analytics & AI for Insurance (Risk, Pricing, Personalization)

Financial & Insurance/Financial Technology (Fintech)/Insurtech Platforms (Digital Insurance Enablement)

Keywords

• Commercial insurance software
• Risk assessment platform
• Insurtech solutions
• Underwriting technology
• Property risk engineering

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations

Revenue model

1. SaaS Platform Subscription: Annual SaaS subscription model for commercial insurers accessing the AI-powered risk assessment platform. Revenue generated from enterprise licensing with six-figure annual revenue and seven-figure active pipeline.

Go-to-market motion3 records

Distribution channels2 records

Marketing channels6 records

Core offering

Nettle provides an AI-powered, agentic risk assessment platform for commercial insurers that combines remote risk identification, bespoke inspection guides, a mobile application for on-site evidence capture (photographs, voice notes, documents), and instant AI-generated inspection reports. It enables underwriters and risk engineers to complete desktop risk assessments and on-site commercial property inspections up to 5x faster, producing structured risk scores and same-day underwriting guidance.

Product overview

nettle is a unified AI-powered risk assessment platform for commercial insurers, consisting of a core platform with integrated mobile application and multiple feature modules. The platform combines AI-powered risk assessment and report generation, featuring team analytics, client improvement tracking, evidence manager, instant regulatory checks, report versioning, Nat-Cat risk analysis, third-party data integration, smart prioritisation, project dashboard, and calendar and scheduling tools. The platform enables underwriters and risk engineers to assess more risks in greater detail through a seamless workflow from desktop submission through on-site inspection to underwriter decision.

Differentiator

Problem solved

Functional benefit

Products and services

• Nettle AI Risk Assessment Platform An agentic AI-powered SaaS platform for commercial insurers that combines remote risk identification, bespoke inspection guides, evidence analysis, and one-click generation of structured inspection reports, risk scores, and underwriting guidance; designed for commercial P&C underwriters and risk engineering teams.
• Nettle Mobile Application Mobile application for risk engineers to capture photographs, documents, and audio notes during on-site property inspections, with AI analysis of all captured inputs to automatically generate structured inspection reports and risk scores delivered on the same day.

Quantifiable outcome

• Property inspections completed up to 3x faster than previous processes
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability11 records

Feature8 records

Partnerships

Three partnerships are on record, tiered core and flagship.

• 7AnalyticscoreTechnology or Integration · 13 October 2025Integration partnership bringing high-resolution flood hazard data into the Nettle platform for commercial insurers. 7Analytics provides pluvial, fluvial, and coastal flood hazard insights at 1x1m resolution, trained on real flood claims data. This enables more accurate risk selection, pricing, and preventive measures investment decisions.
• alkazarcoreTechnology or Integration · 7 October 2025Partnership integrating alkazar's UrClimate Score natural catastrophe exposure data into the Nettle platform. Provides high-resolution hazard insights across Turkey, UK, and Germany, enabling insurers to instantly understand NatCat exposures for any commercial property assessed through Nettle.
• GuidewireflagshipGTM or Marketing Partner · 16 July 2025Nettle joined Guidewire's Insurtech Vanguards program, a community of select startups bringing novel solutions to the P&C industry. Guidewire provides strategic guidance, advocates for participating insurtechs, and connects them with Guidewire's P&C customers. Nettle also won InsurPitch 2025 London competition sponsored by PwC.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Cytora: Cytora is a London-based AI risk assessment platform for commercial insurers, digitizing and automating underwriting workflows. Directly comparable to Nettle in target customer (commercial P&C insurers), geography (UK/global), and core use case (AI-driven risk data extraction and decisioning).
• Cape Analytics: Cape Analytics applies AI to geospatial and property imagery to generate instant building and risk attributes for insurance carriers. Closely comparable to Nettle's property intelligence and risk-scoring layer for commercial property underwriting.
• Flyreel: Flyreel provides AI-powered property inspection via a mobile app for insurance carriers, using computer vision to capture and analyze on-site evidence. Directly comparable to Nettle's mobile evidence analysis and automated inspection workflow for commercial property.
• Arturo: Arturo is an AI property intelligence platform delivering structured property and risk data to insurance carriers from aerial imagery and other sources. Comparable to Nettle in serving commercial property underwriting with AI-derived risk attributes.
• Betterview: Betterview (acquired by Nearmap) provides property risk analytics and inspection intelligence for insurance carriers using aerial imagery and AI. Comparable to Nettle's property risk assessment and AI-driven inspection scoring workflow.

Emerging players

• Chisel AI: Chisel AI (now part of Zywave) offers AI-powered document extraction and submission intelligence for commercial insurance. Partial overlap with Nettle's NLP-driven risk data enrichment and underwriting intelligence workflow.
• Roots Automation: Roots Automation builds AI-powered digital coworkers for insurance operations including underwriting and claims. Adjacent to Nettle in applying agentic AI to insurance workflows, with partial overlap in underwriting automation.

Broad incumbents

• Tractable: Tractable applies AI vision to property and auto insurance, primarily for claims and damage assessment. Adjacent to Nettle in AI-for-insurance vision capabilities but focused on claims rather than risk engineering/underwriting.
• Verisk: Verisk is a major insurance analytics and data provider serving commercial P&C carriers with property data, risk scoring, and underwriting analytics. Comparable to Nettle at the analytics/risk-data layer but as a broad incumbent across the insurance value chain.

Others

• Guidewire: Guidewire is a leading core systems platform for P&C insurers and Nettle's strategic Insurtech Vanguards partner. Connected to Nettle as a distribution channel and ecosystem enabler rather than a direct competitor, though Guidewire's own AI roadmap could overlap with Nettle's value proposition.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds2 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nettle