Today in company updates: Flipp partners with non-profits, Symbility partners with Deeplearni.ng

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This week, several Canadian startups have made announcements, launching new products, partnerships, and more. Here’s the latest on Canada’s movers and shakers.

Symbility partners with Toronto-based DeepLearni.ng

Insurance software company Symbility has partnered with Toronto-based DeepLearni.ng to introduce artificial intelligence into its technology stack.

“Symbility is very focused on a new suite of self-service products for policyholders that leverage the data from the millions of property insurance claims we have processed over the years,” said James Swayze, CEO of Symbility Solutions. “We were impressed with the 40 percent efficiencies DeepLearni.ng generated for one of the world’s largest banks while maintaining rigorous security and compliance requirements and wanted to incorporate their models into our applications. Having operated a cloud-based platform since our inception, we have every dataset on our servers and are excited to leverage artificial intelligence in the creation of a new product portfolio.”

DeepLearni.ng works with enterprises to introduce deep learning into their processes. Some projects that the two companies have been working on include using AI to assist in property claims, using AI to automate business performance reports, and personalizing each customer’s experience through automated reporting systems.

“The insurance industry is the perfect space for AI right now with all the resources required to get machine learning projects off the ground: lots of context-rich data and interesting use cases,” said DeepLearni.ng’s co-founder Stephen Piron. “Getting to the bottom of Symbility’s data assets and organizational context proved this for us. From the start of our partnership, we immediately saw Symbility’s potential for artificial intelligence applications. Having such a volume of structured, formatted and indexed data allows us to accelerate our modelling with confidence over the accuracy of the results.”

The two companies will work on building and deploying the company’s first artificial intelligence solution.

Flipp awarding $1,000 to teachers for back-to-school supplies

Flipp has partnered with non-profits in the US and Canada to provide fifteen teachers with $1,000 to buy back-to-school supplies for their classes.

Flipp, which provides customers with access to digital coupons, has partnered with AdoptAClassroom.org in the US and My Class Needs in Canada. According to AdoptAClassroom.org, one in five teachers spend $1,000 or more of their own personal income on school supplies for their classroom.

“It’s common knowledge that the back-to-school season can be a stressful and expensive time for parents looking to find all of the items their kids need while staying on budget,” said Charmaine D’Silva, VP of Marketing Communications at Flipp. “However, what many people don’t realize is that this time of year can be equally stressful for teachers who are tasked with setting up safe and stocked classrooms for their incoming students – often on their own dime. Flipp wants to help out.”

Photo via Unsplash

Jessica Galang

Jessica Galang

Jessica Galang is BetaKit's News Editor.