DataCubes raises $15.2m in Series B funding round

DataCubes, an underwriting decision platform for US commercial property and casualty (P&C) insurers, has closed a $15.2 million funding round led by New York-based venture capital and growth equity fund Palm Drive Capital. The funding will enable the insurtech startup to accelerate the insurance industry’s adoption of its AI-driven underwriting decisioning platform, grow its team and boost R&D.