Lazarus AI has raised $43 million in new funding. The Boston company develops AI systems for enterprises and governments. Investors include QBE, Mucker Capital, Motivate Ventures, State Farm Ventures, and others.
Funding plans
The new capital will expand strategic partnerships. It will also support research and development. Lazarus plans to bring new products to market.
Company reach
Lazarus serves insurers, government agencies, and technology companies. Its customers operate across North America, Asia-Pacific, and Europe. The company works with some of the world's largest regulated organizations.
AI products
Its Applied Intelligence System explains complex documents and cites findings to source pages. Clearwing finds source code vulnerabilities, grades evidence, and proposes fixes. Constructor recovers logic from older systems and generates modern code, now in pilots with two large mainframe makers.
The platform runs on-premises, in sovereign environments, or in a customer's cloud. It has no per-token charges. Customers keep control of data, models, deployment, and economics.