Inc. 5000 List Recognizes Sure and Klear AI as Fastest-Growing Private Companies in America

Sure featured on the 2024 Inc. 5000 as one of America's fastest-growing private companies

Second consecutive year of recognition follows launch of Anywhere Insurance and exciting new partnerships LOS ANGELES, Aug. 13, 2024 /PRNewswire/ -- Sure, the insurance technology leader that unlocks the potential of digital insurance, today announced it has been recognized on the 2024 Inc. 5000, an annual list of the fastest-growing private companies in America. This is the second consecutive year Sure has made the prestigious list that provides a data-driven look at the most successful companies within the American economy's most dynamic segment -- its independent, entrepreneurial businesses. "We're taking an ecosystem approach to connect two sides of a market that's been bogged down by legacy players, and the acute problem we are solving for is what has enabled us to thrive," said Wayne Slavin, co-founder and CEO of Sure. "We're honored to be included in the Inc. 5000 for the second consecutive year, and there's so much to be excited about on the road ahead for us as we build the rails of digital insurance." The Inc. 5000 class of 2024 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year's top 500 companies, the average median three-year revenue growth rate is 1,637 percent. In all, this year's Inc. 5000 companies have added 874,458 jobs to the economy over the past three years. In addition to its impressive revenue growth over the last three years, Sure recently released several innovative products to solve the complex problem of offering insurance digitally. Earlier this year, Sure launched Anywhere Insurance to liberate the insurance industry from the control of incumbent rate service organizations (RSOs) and legacy insurance product filings. Anywhere provides first-of-its-kind insurance programs designed for carriers, MGAs, and global brands that want unique, customizable, go-to-market ready insurance products paired with end-to-end SaaS technology and APIs that can scale to hundreds of millions of customers. Sure has also racked up numerous awards and accolades, including most recently landing on the Forbes Fintech 50 list in February. "One of the greatest joys of my job is going through the Inc. 5000 list," says Mike Hofman, who recently joined Inc. as editor-in-chief. "To see all of the intriguing and surprising ways that companies are transforming sectors, from health care and AI to apparel and pet food, is fascinating for me as a journalist and storyteller. Congratulations to this year's honorees, as well, for growing their businesses fast despite the economic disruption we all faced over the past three years, from supply chain woes to inflation to changes in the workforce." Methodology Companies on the 2024 Inc. 5000 are ranked according to percentage revenue growth from 2020 to 2023. To qualify, companies must have been founded and generating revenue by March 31, 2020. They must be U.S.-based, privately held, for-profit, and independent -- not subsidiaries or divisions of other companies -- as of December 31, 2023. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2023 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places. About Sure Sure is the global insurance technology leader that unlocks the potential of digital insurance. Global brands and market-leading insurance carriers from the Fortune 500 build and launch sophisticated embedded insurance products on Sure's SaaS infrastructure to distribute, service, and scale digital insurance. Sure's insurance expertise combined with its technology increases revenue streams and accelerates market growth while revolutionizing the customer experience. Visit sureapp.com and follow us on LinkedIn and Twitter. About Inc. Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.'s award-winning work achieves a monthly brand footprint of more than 40 million across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since its launch as the Inc. 100 in 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com. Jess Hair Senior Manager, Communications [email protected] View original content to download multimedia:https://www.prnewswire.com/news-releases/sure-featured-on-the-2024-inc-5000-as-one-of-americas-fastest-growing-private-companies-302217310.html SOURCE Sure Market News and Data brought to you by Benzinga APIs

Klear.ai Honored on the 2024 Inc. 5000 List of America's Fastest-Growing Private Companies

CYPRESS, Calif., Aug. 13, 2024 /PRNewswire/ -- Klear.ai, a trailblazer in Native AI-driven risk and claims management solutions, is proud to announce its inclusion in the 2024 Inc. 5000 list of the fastest-growing private companies in America. Klear.ai has officially ranked 162nd among all software companies and 1324 overall on the Inc. 5000 list. This prestigious recognition underscores Klear.ai's unwavering commitment to innovation, excellence, and sustained growth in the dynamic landscape of risk and claims management. The Inc. 5000 list is a prestigious ranking of the nation's most successful private companies and has become a hallmark of entrepreneurial success. Klear.ai's inclusion in this list reflects its rapid growth, robust technological advancements, and its pivotal role in transforming the risk management sector with its cutting-edge solutions. Brij Kumar, Chief Executive Officer, Klear.ai: "We are incredibly honored to be recognized on the Inc. 5000 list. This achievement is a testament to the hard work and dedication of our entire team and the strong market embrace of our product vision. At Klear.ai, we are committed to pushing the boundaries of what's possible in risk and claims management with our Native AI solutions. Our growth is driven by our unwavering focus on delivering exceptional value to our clients, and this recognition inspires us to continue innovating and leading in our industry." Klear.ai provides a comprehensive suite of products and services that revolutionize risk and claims management, including advanced analytics, end-to-end claims administration, configurable automation, and a robust auditing platform. Leveraging Native AI and generative AI integrations, Klear.ai's solutions empower organizations to enhance efficiency, reduce costs, and make informed decisions through predictive insights and real-time data analysis. Recognized on the 2024 Inc. 5000 List of America's Fastest-Growing Private Companies, Klear.ai has also been honored as the "Most Innovative Claims & Risk Management Software Firm 2024 - USA," one of the "Top 10 Audit Management Solution Providers 2024," and "2024 RMIS Report Innovator," underscoring its industry leadership. About Klear.ai: Klear.ai is at the forefront of redefining risk and claims management practices through its innovative Native AI-driven analytics. The company's comprehensive suite of products includes advanced analytics, comprehensive auditing, integrated automation, and a modern end-to-end claims administration system. Klear.ai offers sophisticated, secure, and user-friendly solutions that empower organizations to navigate risks with foresight and precision. For more information about Klear.ai's groundbreaking solutions, visit www.klearai.com. Media Contact: Shiv Bansal Phone: +1 (619) 343-6260 Email: [email protected] Website: www.klearai.com Klear.ai 5252 Orange Ave. Suite 208 Cypress, CA 90630 View original content to download multimedia:https://www.prnewswire.com/news-releases/klearai-honored-on-the-2024-inc-5000-list-of-americas-fastest-growing-private-companies-302220968.html SOURCE Klear.ai Market News and Data brought to you by Benzinga APIs