EvolutionIQ Clinches Spot on CB Insights’ Esteemed AI 100 List for the Third Consecutive Year

As part of the EvolutionIQ team, we’ve always believed in the power of artificial intelligence to transform industries, make processes more efficient, and unlock new possibilities for businesses and individuals alike. For the third consecutive year, EvolutionIQ has been named to CB Insights’ AI 100 list, a prestigious compilation of the world’s top private AI companies. It is a testament to our hard work, dedication, and vision.

We’re honored to be recognized and awarded this distinction. CB Insights selects the top 100 AI companies worldwide each year, and EvolutionIQ stands out as the only company in the insurtech sector for 2024. Through the selection process, CB Insights factors in criteria such as quality of investors, patent activity, and business partnerships. We’re humbled to be aligned with so many organizations whose momentum is making a lasting impact in the AI industry.

Over 9,000 startups worldwide were considered; 100 companies were selected. The AI sector’s dynamic investment trends and unique ventures are reflected in the evaluation. We believe that our team’s commitment to innovation, the successful launches of key products, and our staunch dedication to actively recruiting the best talent has earned us a place on this list. We are an organization of hard-working individuals that are passionate about claims and the insurance industry. It’s our belief that this sector has the potential to be transformed by artificial intelligence.

Being included among such illustrious company is a testament to our progress estabilishing AI-native Claims Guidance as a trusted platform with major insurance carriers. Our journey has not been easy. We’ve overcome challenges, faced learning experiences and celebrated great triumphs. This accolade comes on the heels of numerous significant achievements for EvolutionIQ, including forging alliances with industry giants like Majesco and Guidewire, securing Series B financing, and marking another year of remarkable revenue growth.Through it all, we remain undeterred by AI’s potential to help insurance carriers help sick and injured workers more quickly recover and return to work. This is at the heart of what we do.

CB Insights AI 100 distinction is not ours alone. It belongs to every member of the EvolutionIQ team, whose ingenuity and perseverance have propelled us forward. It belongs to our clients and partners, who have trusted us to bring AI-driven solutions to their most pressing challenges. And it belongs to the broader community of innovators in AI, whose collective efforts continue to push the boundaries of what is possible.

“Being named to the AI 100 is an honor that reflects our team’s dedication to pushing the boundaries of what’s possible with AI to help more sick and injured workers get back on their feet” said Tom Vykruta, President at EvolutionIQ. “It’s a recognition of not just our technological innovation, but our commitment to applying it in ways that have a real and positive impact for insurance carriers and their customers. Further, our growth and innovation have been exponentially accelerated by recruiting brilliant and inventive minds that believe in our company vision and mission.”

Looking ahead, we‘re inspired to keep pushing the limits of AI. With each breakthrough and innovation, we’re not just achieving milestones we’re paving the way for a future where technology and human insight combine to create smarter, compassionate, and efficient systems.

We’re just getting started. Join us as we continue to revolutionize claims operations, inspire thought leaders, and pave the way in transforming the insurance industry with AI. Discover how you can be part of the team and help shape the future by visiting our careers page.

For more information about the CB Insights AI 100 and to download the report, please visit www.cbinsights.com/learn/ai-100-2024.

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