Soteris
- Company typePrivate
- Founded2018
- HeadquartersSan Francisco, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
Soteris firmographics
Firmographics- Name
- Soteris
- Website
- https://soteris.co/
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Soteris industry classification
Industry- Product category
- Insurance Underwriting and Pricing Software
- NAICS
- Software Publishers (513210)
- SIC
- Services-Computer Programming Services (7371)
- akta.pro primary industry
- Policy Administration, Underwriting & Rating Platforms (Core Insurance SaaS) (FSAGAGAB)
Keywords
Where Soteris is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Markets served
Soteris business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations
Revenue model
- SaaS Platform Subscription: B2B SaaS platform providing AI-powered underwriting and pricing intelligence to P&C insurers on a subscription basis. The platform is implemented through a 3-month ROI unlock process connecting to customer's portfolio, claims, and exposure data.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
Soteris product offering
Product offeringCore offering
Soteris sells a B2B SaaS Precision AI Platform that delivers AI-powered, policy-level underwriting and pricing intelligence for property and casualty (P&C) insurance carriers. The platform connects to a carrier's portfolio, claims, and exposure data to surface rate inadequacy at the individual policy level, embedding real-time pricing and underwriting decisions directly into quoting, renewal, and endorsement workflows. Implementation is structured as a 3-month ROI unlock process, with use cases spanning soft market growth, hard market discipline, specialty and E&S execution, and portfolio control.
Product overview
Soteris offers a unified Precision AI Platform for P&C insurance underwriting and pricing. The platform comprises six integrated modules: Portfolio Intelligence for portfolio-level risk visibility, AI Actuary Copilot for actuarial support, AI Underwriting & Sales Decision for real-time underwriting guidance, E&S Pricing Engine for surplus lines pricing, and Claims & Risk Integrity for post-policy profitability protection. These modules share a common API-ready infrastructure connecting to policy admin systems, rating engines, claims platforms, and quoting workflows, enabling insurers to achieve policy-level pricing precision across soft and hard market conditions.
Differentiator
Problem solved
Functional benefit
Products and services
- Precision AI Platform Core AI-driven SaaS platform providing policy-level pricing precision for P&C insurance carriers, enabling real-time risk assessment, profitability analysis, and underwriting decision support across quoting, renewal, and endorsement workflows. Soldsubcription as the company's primary offering, delivered through a structured 3-month ROI unlock implementation.
Quantifiable outcome
- 2.9x volume increase with 3-point loss ratio improvement in soft market conditions
- +2 more outcomes
Companies that use Soteris
Customer profileSegments1 record
Ideal customer profiles1 record
Soteris technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability4 records
Feature6 records
Soteris partnerships and signals
Strategic signalScale indicators3 records
Recent moves5 records
Expansion highlights4 records
Soteris competitors and assessment
Company assessmentDirect peers
- Earnix: Earnix provides AI-driven pricing, rating, and underwriting optimization for P&C and other insurance lines. It is the closest direct competitor to Soteris, offering policy-level pricing analytics integrated with carriers' rating engines.
- Shift Technology: Shift Technology applies AI across the insurance lifecycle including underwriting, claims, and fraud detection for P&C carriers. It directly competes with Soteris in the AI-driven P&C underwriting space.
- Cytora: Cytora builds AI-powered commercial underwriting workflows for P&C insurers, focusing on risk selection and pricing at the submission level. It overlaps with Soteris's policy-level underwriting decision support offering.
- Planck: Planck uses AI to automate commercial insurance underwriting and pricing from raw business data. It competes with Soteris in delivering AI-augmented underwriting precision for P&C carriers.
- Atidot: Atidot provides AI-based predictive analytics and decisioning tools for life and P&C insurers, including pricing and risk optimization — adjacent overlap with Soteris's actuarial and pricing AI capabilities.
Broad incumbents
- Duck Creek Technologies: Duck Creek is an established core systems provider for P&C insurers (policy admin, billing, rating). As a broader incumbent, it embeds rating/underwriting capabilities that intersect with Soteris's pricing precision platform.
- Guidewire Software: Guidewire is the dominant core systems vendor for P&C carriers and is investing in AI-driven underwriting and rating capabilities. It represents the largest incumbent threat to Soteris in P&C underwriting.
- Verisk Analytics: Verisk provides industry-standard insurance analytics, rating bureau data, and predictive models used by P&C carriers. As a broad analytics incumbent, it competes in pricing intelligence and risk selection.
Emerging players
- Tractable: Tractable applies AI to insurance claims and property damage assessment. It is an emerging player in insurance AI with overlap to Soteris in AI-driven insurance decisioning, though focused on claims rather than underwriting.
- Spiritt.ai: Spiritt.ai offers AI-powered commercial P&C underwriting workflows, including submission ingestion and risk evaluation. As a smaller emerging player, it competes in similar use cases to Soteris's underwriting decision support.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Soteris social profiles
Digital presenceSoteris financial estimates
Financial estimateRevenue estimate
Valuation estimate
Soteris leadership team
Management profileNumber of profiles
Profiles1 record
Soteris funding detail
Funding detailFunding overview
Funding rounds3 records
Investors8 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Soteris M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Soteris
What does Soteris do?
Soteris sells a B2B SaaS Precision AI Platform that delivers AI-powered, policy-level underwriting and pricing intelligence for property and casualty (P&C) insurance carriers. The platform connects to a carrier's portfolio, claims, and exposure data to surface rate inadequacy at the individual policy level, embedding real-time pricing and underwriting decisions directly into quoting, renewal, and endorsement workflows. Implementation is structured as a 3-month ROI unlock process, with use cases spanning soft market growth, hard market discipline, specialty and E&S execution, and portfolio control.
Is Soteris a public or private company?
Soteris is a private company. It is classified as venture growth investor backed and is currently operating.
When was Soteris founded?
Soteris was founded in 2018. It employs 11 to 50 people.
Where is Soteris based?
Soteris is headquartered in San Francisco, United States, in the North America region.
How does Soteris make money?
One revenue line is on record: saaS Platform Subscription.
Who are Soteris's main competitors?
Direct peers on record are Earnix, Shift Technology, Cytora, Planck and Atidot. Broad incumbents are Duck Creek Technologies, Guidewire Software and Verisk Analytics. Emerging players are Tractable and Spiritt.ai.
Does Soteris have an API?
No public API is recorded for Soteris.
What industry is Soteris in?
Soteris's product category is Insurance Underwriting and Pricing Software. Its primary akta.pro industry code is FSAGAGAB, Policy Administration, Underwriting & Rating Platforms (Core Insurance SaaS). Its NAICS code is 513210 and its SIC code is 7371.