Guidewire to buy Hyperexponential for $1.7B in cash
Guidewire buys Hyperexponential for $1.7B in cash
AI Overview
Guidewire announced it will acquire UK-based agentic underwriting startup Hyperexponential for $1.7 billion in cash.
Why it matters
The deal terms and earnout structure show how insurers are paying for agentic underwriting software, and the exit gives a16z and Battery Ventures a return on a company that raised about $90M.