Fundraising Fox

Aclaimant

Chicago, US · Founded 2016 · Delaware corporation · 7 known investors

Aclaimant provides risk management software to help organizations identify and actively manage business risks. The platform originated in workers' compensation claim management and serves companies seeking real-time insights to mitigate or reduce loss frequency and severity.

Founders & leadership

Aclaimant was founded in 2016 by Michael Schultz, David Wald, and Jim Farber.

MSMichael Schultz
Michael SchultzCo-founder
DWDavid Wald
David WaldinPresident and Co-Founder
JF
Jim FarberFounder

Board

LBLaura Brady
Laura BradyBoard directorPartner at Royal Street Ventures Management Company, Llc

Investors · 7

Reported raises · per SEC filings

Form D private placements

$21.9M disclosed across 4 rounds · 2017–2022

$2.5MraisedJan 2023 · 20 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Adrian FortinoDirector
  • David WaldExecutive Officer, Director
  • Kathleen BurnsDirector
  • C. Thomas BallDirector
  • Joel FriedmanExecutive Officer
  • Michael SchultzExecutive Officer, Director
Offering amount
$5M
Amount sold
$2.5M
First sale
Dec 2022
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$10.9MraisedMar 2021 · 16 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • David WaldExecutive Officer, Director
  • Michael SchultzExecutive Officer, Director
  • Joel FriedmanExecutive Officer
  • Adrian FortinoDirector
  • C. Thomas BallDirector
  • Kathleen BurnsDirector
Offering amount
$11M
Amount sold
$10.9M
Proceeds to insiders
$700K
First sale
Mar 2021
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$5.6MraisedMar 2020 · 20 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Adrian FortinoDirector
  • Michael SchultzDirector
  • David WaldExecutive Officer, Director
  • Laura BradyDirector
Offering amount
$8.3M
Amount sold
$5.6M
First sale
Mar 2020
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$3MraisedFeb 2017 · 20 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael SchultzExecutive Officer, Director
  • Laura BradyDirector
  • David WaldExecutive Officer, Director
Offering amount
$3.2M
Amount sold
$3M
First sale
Feb 2017
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 5

by search overlap
Riskonnect568 shared keywordsRiskonnect provides integrated risk management software covering governance, risk and compliance (GRC), insurable risk and claims management, and business continuity, with an AI layer for risk prediction and decision support. It serves risk, compliance, claims, safety, and resilience professionals across enterprises.
MetricStream469 shared keywordsMetricStream provides a cloud-based GRC (governance, risk, and compliance) platform with AI-driven capabilities for risk assessment, compliance management, audit, cyber risk, and resilience. The platform serves risk assessors, compliance leaders, auditors, and cyber risk experts across over 1 million professionals in 35+ countries.
SafetyCulture455 shared keywordsSafetyCulture develops a workplace operations platform used by frontline teams to conduct inspections, report issues, and manage safety and quality processes.
V Comply419 shared keywordsVComply is a compliance management platform that automates control tracking, task assignment, evidence capture, and audit reporting through an AI-powered interface. It serves compliance and risk teams across regulated industries including healthcare, finance, energy, and manufacturing.
Netezza291 shared keywordsIBM is a global technology company whose business spans enterprise software (including Red Hat, HashiCorp, and Confluent), IT infrastructure such as mainframes, servers, and storage, and IT consulting services. The company is also investing heavily in quantum computing and AI-based enterprise offerings, including its Lightwell open-source software security clearinghouse and the Anderon quantum wafer foundry.

Companies competing with Aclaimant for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

What does Aclaimant do?
Aclaimant provides risk management software to help organizations identify and actively manage business risks. The platform originated in workers' compensation claim management and serves companies seeking real-time insights to mitigate or reduce loss frequency and severity.
Who founded Aclaimant?
Aclaimant was founded by Michael Schultz, David Wald, Jim Farber in 2016.
Who are Aclaimant's investors?
Aclaimant's investors include Lightbank, Mercury Fund, Moderne Ventures, Next Coast Ventures, Royal Street Ventures Management Company, Llc, RRE Ventures, Urban Capital Network.
How much funding has Aclaimant raised?
Aclaimant has disclosed $21.9M raised across 4 rounds.
Where is Aclaimant headquartered?
Aclaimant is headquartered in Chicago, US.