Key facts
- Ownership: Thomas H. Lee Partners made a majority growth investment in the company in April 2022.
- Brand: Carpe Data renamed itself Carpe in July 2026.
- Offices: Carpe has its headquarters in Santa Barbara, California, and engineering and operations teams in Lisbon, Portugal.
- Scale: More than 40 insurance carriers run Carpe in production, including nine of the top 20 US property and casualty carriers.
- Leadership: Co-founder Max Drucker is chief executive and president, and co-founder Geoff Andrews is chief operating officer.
Focus areas
About
Carpe, known as Carpe Data until July 2026, builds AI products for property and casualty insurers. Its software reads online and third-party data to give claims and underwriting teams signals on injuries, fraud, severity and risk. More than 40 carriers run Carpe in production, including nine of the top 20 US P&C carriers, and customers include Farmers Insurance, Zurich, The Hanover and Vermont Mutual. Max Drucker and Geoff Andrews founded the company in 2016 in Santa Barbara, California, and it has engineering and operations in Lisbon. Thomas H. Lee Partners has been majority owner since April 2022.
How they use AI
Carpe runs two AI reasoning engines. The Claims Reasoning Engine powers the Carpe Claims suite, which monitors online and public data during a claim to flag injury activity, possible fraud and severity changes for adjusters. The Minerva Reasoning Engine, launched in August 2026, applies reasoning models to unstructured data so insurers can answer underwriting and risk questions about a business or person with cited evidence. Online Injury Alerts monitor open injury claims from first notice of loss and send adjusters prioritised alerts with reason codes when online activity contradicts a reported injury. Minerva responses come with reason codes and public-source evidence. Results reach carriers through Verisk ClaimSearch and Guidewire, or by API and SFTP.
Products and services
- Claims Reasoning Engine — AI engine behind the Carpe Claims suite for injury, fraud and severity signals
- Minerva Reasoning Engine — Reasoning engine for underwriting and risk questions with cited evidence
- Online Injury Alerts — Alerts adjusters to online activity that conflicts with reported injuries
- Carpe Claims — Claims suite combining monitoring, alerts and investigation support
Notable customers / partners
- Farmers Insurance
- Zurich
- The Hanover
- Vermont Mutual
Key people
- Max Drucker — Co-Founder, Chief Executive Officer and President
- Geoff Andrews — Co-Founder and Chief Operating Officer
- Andrew Arrastia — Chief Financial Officer
- Scot Barton — Chief Product Officer
- Mike Nichols — Chief Information Security Officer
Investors
- Thomas H. Lee Partners
