Greater Than raises SEK 136 million to scale its AI technology
Greater Than AB has completed a directed share issue of approximately 136 million SEK and has gained a new, active and long-term shareholder. The share issue has been subscribed in its entirety by Cuarto AB, a subsidiary in the Nidoco group owned by Alexander and Albert Ehrnrooth.Greater Than is a leading Insurtech providing a new actuarial pricing and risk predictions model, based on Artificial Intelligence. The advantage with our AI solution is; simplicity and cost of usage, accuracy and individualization of risk, as it predicts the loss cost per car, rather than for a large pool. On top