Lazarus AI, a Cambridge, MA-based company providing AI solutions for regulated industries such as insurance, healthcare and banking, received a financing from AllegisNL Capital.
The amount of the deal was not disclosed.
The company intends to use the funds to further expand its reach into the Japanese insurance market.
Led by CEO Ariel Elizarov, Lazarus AI provides foundation AI models developed with required for the operations of the insurance, financial services, defense, and healthcare industries. Its flagship models, including RikAI and ATLS, are designed to empower organizations by transforming data into actionable insights.
AllegisNL Capital is a venture capital fund supported by Nippon Life Group. Lazarus AI has been in a service partnership agreement with Nippon Life Group since 2023.
FinSMEs
27/03/2025