TrueNorth Systems
Cargo Claim Management System
Company Overview
Snapshot
Founded in January 2017 by Efrat Ben-Ami and Shlomo Lahav, TrueNorth Systems operates with 1–10 employees. The company secured its seed funding round in March 2017 with participation from AXA Insurance and Kamet Ventures.
Business overview
TrueNorth Systems provides an intelligent, data-driven solution for global insurance, shipping, and logistics companies. The company developed SaaS cargo claim analysis and predictive loss alert platforms, which identify cargo loss patterns, alert cargo carriers about expected loss before the voyage ends, and provide accurate loss surveys. TrueNorth Systems serves clients and partners in the cargo insurance and logistics sectors, operating within the Fintech & Insurtech and Logistics & Transportation Management sectors.
Company Intelligence Q&A
- What is TrueNorth Systems' primary focus?
- TrueNorth Systems focuses on providing an intelligent, data-driven solution for global insurance, shipping, and logistics companies, specializing in cargo claim management.
- When was TrueNorth Systems founded and by whom?
- TrueNorth Systems was founded in January 2017 by co-founders Efrat Ben-Ami and Shlomo Lahav.
- What kind of technology does TrueNorth Systems utilize?
- TrueNorth Systems utilizes artificial intelligence and machine learning to power its SaaS cargo claim analysis and predictive loss alert platforms.
- Which industries does TrueNorth Systems serve?
- TrueNorth Systems serves the cargo insurance and logistics industries, with a focus on maritime and transportation sectors.
- What is the current operational status of TrueNorth Systems?
- TrueNorth Systems ceased to operate in October 2021.