{"id":643327,"date":"2026-10-28T01:32:10","date_gmt":"2026-10-28T01:32:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/643327\/"},"modified":"2026-10-28T01:32:10","modified_gmt":"2026-10-28T01:32:10","slug":"guidewire-buys-hyperexponential-for-1-7b-in-cash","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/643327\/","title":{"rendered":"Guidewire buys Hyperexponential for $1.7B in cash"},"content":{"rendered":"<p id=\"speakable-summary\" class=\"wp-block-paragraph\">Insurance tech company Guidewire announced Tuesday the acquisition of the agentic underwriting insurance company <a href=\"https:\/\/www.guidewire.com\/about\/press-center\/press-releases\/20261027\/guidewire-signs-definitive-agreement-to-acquire-hyperexponential\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Hyperexponential for $1.7 billion<\/a> in cash.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">The deal, <a href=\"https:\/\/www.reuters.com\/legal\/litigation\/guidewire-buy-uk-insurance-ai-firm-hyperexponential-deal-worth-up-21-billion-2026-10-27\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">expected to close sometime next year<\/a>, is to help bring AI agents to work alongside humans to underwrite, analyze, and price decisions. The deal is worth around $2 billion in total, with $400 million in additional capital reserved if certain revenue targets are hit.<\/p>\n<p class=\"wp-block-paragraph\">Backed by Andreessen Horowitz and Battery Ventures, Hyperexponential was founded in 2017 and has raised nearly $90 million to date, according to PitchBook. So this marks a significant return for investors. The U.K.-based AI startup says nearly 600 insurers across 40 different countries use its software.<\/p>\n","protected":false},"excerpt":{"rendered":"Insurance tech company Guidewire announced Tuesday the acquisition of the agentic underwriting insurance company Hyperexponential for $1.7 billion&hellip;\n","protected":false},"author":2,"featured_media":643328,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[365,363,364,315396,315397,5941,111,139,69,145],"class_list":["post-643327","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-guidewire","tag-hyperexponential","tag-in-brief","tag-new-zealand","tag-newzealand","tag-nz","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/643327","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=643327"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/643327\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/643328"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=643327"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=643327"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=643327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}