Guidewire agreed to acquire Hyperexponential, an agentic underwriting and pricing platform for commercial insurance, for a $1.7bn cash base price plus up to $400m tied to revenue targets.
Circuit Mind raised $25m, including an $18.5m Series A led by Norwest, for AI agents that generate and verify electronic circuits to cut prototyping errors.
Easol raised $30m, $20m equity and $10m debt from Viola Credit, to scale Teammates, its AI agents automating sales, support and operations for festivals and experience businesses.
Guidewire to buy Hyperexponential for $1.7bn
Funding and deals
Hyperexponential. Guidewire agreed to buy the agentic commercial insurance underwriting platform for $1.7bn cash plus up to $400m in revenue-linked payments, closing in 2027.
Easol. Festival and experience booking platform raised $30m, $20m equity and $10m Viola Credit debt, to fund its Teammates AI agents.
Circuit Mind. Uses AI agents and physical models to generate and verify electronic circuits, and raised $25m including an $18.5m Norwest-led Series A.
News
Vertical AI gains ground where errors are costly. All three deals involve London companies applying AI to detail-heavy work such as insurance pricing and circuit design. Matteo Ottavi argues sector rules, data and verification make this automation hard for rivals to copy.
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