Nu Tech

Founded

2025

Headquarters

Campbell, CA · Ulsan, Korea

Stage

Pre-Seed

Nu Tech builds AxP, an AI platform for insurers and other regulated companies whose data cannot leave their own systems. It turns policies and claim files into a searchable knowledge base, makes claim decisions against the customer’s rules, and records an audit trail for each one.

What sets them apart

• Runs inside the customer’s walls: on-premise, private cloud or fully offline, with any AI model.
• Proven accuracy: 95% agreement with expert adjusters on a 250-claim proof of concept, about 3 minutes per claim.
• Audit-ready: every decision is sealed with its evidence, rule version and reviewer.

Traction

• Signed by Korea’s #3 property and casualty insurer after winning a nine-vendor benchmark.
• Proofs of concept with Korea’s #1 life insurer and #4 P&C insurer.
• Copilot running at a U.S. insurance agency; SOC 2 under way.

U.S. focus

U.S. insurance carriers, agencies, MGAs and claims administrators that must keep data private, scaling through TPAs and system integrators.

Recognition

• Winner of a nine-vendor benchmark at Korea’s #3 P&C insurer
• TIPS R&D program

Leadership

• Pranav MistryFounder & Co-CEO
• Namwook KangCo-CEO
• Yongsik KimHead of Research
• Daeeop KimAI PM