DataCubes Completes Plug and Play Tech Accelerator Program
Insurtech Startup Empowers Commercial P&C Insurers to Increase Underwriting Productivity 10x
Schaumburg, IL — DataCubes, a leading data science startup whose solutions improve commercial underwriting productivity by up to 10x, today announced its completion of the Plug and Play tech accelerator program. During a three-month period, DataCubes benefited from expert advice, exposure to investors and connection with the 61 insurance companies affiliated with the program. DataCubes is now well-positioned to continue to help commercial P&C insurers provide a world-class customer experience while becoming an order of magnitude more efficient in underwriting.
“Plug and Play was an excellent experience to get more exposure as we work towards our vision of enabling commercial underwriting with as little information as possible,” said Kuldeep Malik, DataCubes cofounder and CEO. “I would highly recommend Plug and Play for other insurtech startups that have formed a solid vision and could use the resources of the program to help them reach their full potential.”
“At Plug and Play, we connect the best technology startups with the world’s largest corporations,” said Ali Safavi, Global Head of Insurtech at Plug and Play. “DataCubes is a great example of how an insurtech startup can use our program to help accelerate their growth.”
Since joining Plug and Play in February, DataCubes has had the opportunity to connect with the insurance companies affiliated with the program, participate in demo days with investors and forge solid relationships with other insurtech companies. During this time, DataCubes was also able to stay focused on evolving its products, onboarding new customers and assisting prospects with determining how its solutions fit into their strategies.
DataCubes is the first data science platform for commercial underwriting. We help carriers improve customer engagement, underwriting productivity, and profitability. Our platform uses data science to eliminate paperwork, provide a holistic view of risks by analyzing a broad array of internal and external data sources, and score and prioritize commercial risks. To learn more, visit www.datacubes.com.
About Plug and Play
Plug and Play is a global innovation platform. Headquartered in Silicon Valley, we have built accelerator programs, corporate innovation services, and an in-house VC to make technological advancement progress faster than ever before. Since inception in 2006, our programs have expanded worldwide to include a presence in over 20 locations globally giving startups the necessary resources to succeed in Silicon Valley and beyond. With over 6,000 startups and 220 official corporate partners, we have created the ultimate startup ecosystem in many industries. We provide active investments with 200 leading Silicon Valley VCs, and host more than 700 networking events per year. Companies in our community have raised over $7 billion in funding, with successful portfolio exits including Danger, Dropbox, Lending Club, PayPal, SoundHound, and Zoosk. For more information, visit www.plugandplaytechcenter.com.