Business · Companies · 4 hrs ago
Guidewire to buy Hyperexponential for $1.7 billion in cash
Insurance technology company Guidewire agreed to buy Hyperexponential for $1.7 billion in cash.
The U.K.-based startup, founded in 2017, makes software used by nearly 600 insurers in 40 countries.
The deal aims to bring AI agents into insurance work, helping people assess risks, analyze information and set prices.
Hyperexponential focuses on underwriting, the process insurers use to decide whether to cover a risk and at what price.
The cash deal is valued at about $2 billion overall, including $400 million that Guidewire has reserved if certain revenue targets are met.
The acquisition is expected to close next year, though the companies have not given a specific date.
Guidewire announced it will acquire insurance technology company Hyperexponential for $1.7 billion in cash.
The deal is expected to close next year.
Guidewire says the acquisition will help bring AI agents into underwriting, analysis and pricing work alongside humans.
The deal could be worth around $2 billion if certain revenue targets are met.
Hyperexponential says nearly 600 insurers in 40 countries use its software.
- Who
- Guidewire is acquiring Hyperexponential, an insurance technology company.
- What
- Guidewire announced a $1.7 billion cash acquisition, with up to $400 million in additional capital tied to revenue targets.
- When
- Announced Tuesday, October 27, 2026. The deal is expected to close next year.
- Where
- Hyperexponential is based in the U.K.
- Why
- The acquisition is intended to bring AI agents into work alongside humans on underwriting, analysis and pricing decisions.
This story does not have two clearly opposing sides.
Hyperexponential was founded.
Guidewire announced the acquisition.
The deal is expected to close.
- Cash price
- $1.7 billion
- Potential total value
- Around $2 billion, including $400 million in additional capital if certain revenue targets are met
- Hyperexponential founded
- 2017
- Insurer users
- Nearly 600 across 40 countries