Chisel.ai
Chisel.ai is a Toronto-based software company, founded in 2015, that builds an AI-enabled workflow management platform for the commercial insurance industry, serving carriers, brokers, or MGAs with small (11-50 employee) operations led by CEO Jason McDermott.
- Company typePrivate
- Founded2015
- HeadquartersToronto, Canada
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
Chisel.ai firmographics
Firmographics- Name
- Chisel.ai
- Website
- https://chisel.ai
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Chisel.ai is a Toronto-based software company, founded in 2015, that builds an AI-enabled workflow management platform for the commercial insurance industry, serving carriers, brokers, or MGAs with small (11-50 employee) operations led by CEO Jason McDermott.
- Ownership category
- akta.pro rank
Chisel.ai industry classification
Industry- Product category
- Commercial Insurance Workflow Software
- NAICS
- Software Publishers (5132), Computer Systems Design Services (541512)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Document, Workflow & Policy Servicing Automation (RPA/No-Code) (FSAGAGAK)
Keywords
Where Chisel.ai is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Markets served
Chisel.ai business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Chisel.ai product offering
Product offeringCore offering
Chisel.ai develops a commercial insurance workflow management platform that uses artificial intelligence to automate policy checking, submission intake, and underwriting-related processes. The platform is designed for commercial insurance carriers, brokers, and underwriting teams seeking to streamline operations.
Differentiator
Problem solved
Functional benefit
Products and services
- Commercial Insurance Workflow Management Platform AI-powered platform that automates commercial insurance workflow tasks including policy checking, submission intake, and underwriting support, designed for insurance carriers, brokers, and underwriting teams.
Companies that use Chisel.ai
Customer profileIdeal customer profiles1 record
Chisel.ai technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Chisel.ai competitors and assessment
Company assessmentDirect peers
- Encompass Corporation: Insurance data and document automation platform for global insurance carriers and brokers. Directly competes on automated data capture and workflow orchestration for commercial insurance processes.
- Indico Data: AI-based unstructured data and document automation platform specifically targeting insurance underwriting and claims workflows. Closely comparable in applying NLP/AI to insurance document pipelines.
- Planck: AI data platform for commercial insurance that automates underwriting and policy workflows using AI on unstructured business data. Closely comparable product and customer overlap.
- Snapsheet: Digital claims workflow and appraisal platform for insurance carriers. Comparable in workflow automation focus within commercial lines insurance, though centered on claims rather than policy servicing.
- Cytora: AI-powered commercial insurance underwriting workflow platform that digitizes submission intake and risk evaluation. A direct peer in commercial insurance workflow automation.
Broad incumbents
- UiPath: Public RPA and workflow automation platform with extensive insurance-industry customers. Overlaps with Chisel.ai on document and workflow automation, but operates across many verticals and is a much broader incumbent.
- Vertafore: Dominant provider of agency and broker management systems for commercial insurance. Indirectly competes as the incumbent whose workflows Chisel would integrate with or replace.
- Automation Anywhere: Public RPA/workflow automation vendor with insurance vertical solutions. Competes on the same workflow-automation budget pool but across all industries.
Emerging players
- Roots Automation: AI-driven digital coworkers and workflow automation for insurance operations. Comparable in insurtech workflow focus but at smaller scale with a services-plus-software model.
- Hyperscience: AI-native document processing and workflow automation platform with strong insurance customer base. Comparable technology stack (AI on unstructured documents) targeting similar enterprise automation use cases.
Market position
Customer concentration
Chisel.ai social profiles
Digital presenceChisel.ai financial estimates
Financial estimateRevenue estimate
Valuation estimate
Chisel.ai leadership team
Management profileNumber of profiles
Profiles5 records
Chisel.ai funding detail
Funding detailFunding overview
Funding rounds5 records
Investors11 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Chisel.ai 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 Chisel.ai
What does Chisel.ai do?
Chisel.ai develops a commercial insurance workflow management platform that uses artificial intelligence to automate policy checking, submission intake, and underwriting-related processes. The platform is designed for commercial insurance carriers, brokers, and underwriting teams seeking to streamline operations.
When was Chisel.ai founded?
Chisel.ai was founded in 2015. It employs 11 to 50 people.
Where is Chisel.ai based?
Chisel.ai is headquartered in Toronto, Canada, in the North America region.
Who are Chisel.ai's main competitors?
Direct peers on record are Encompass Corporation, Indico Data, Planck, Snapsheet and Cytora. Broad incumbents are UiPath, Vertafore and Automation Anywhere. Emerging players are Roots Automation and Hyperscience.
Does Chisel.ai have an API?
No public API is recorded for Chisel.ai.
What industry is Chisel.ai in?
Chisel.ai's product category is Commercial Insurance Workflow Software. Its primary akta.pro industry code is FSAGAGAK, Document, Workflow & Policy Servicing Automation (RPA/No-Code). Its NAICS code is 5132 and its SIC code is 7372.