Groundspeed was acquired by Insurance Quantified in 2023.
ANN ARBOR, MI and ATLANTA, GA, March 20, 2019 – Groundspeed has been recognized as the 2019 “SmartZone Best Small Business” of the year, an awards program presented by Michigan Celebrates Small Business. Groundspeed will be honored at an awards ceremony during the fifteenth annual Michigan Celebrates Small Business gala event, May 8, 2019 in Lansing, Mich.
Led by insurance and technology industry veterans, Groundspeed is a data science and artificial intelligence (AI) company serving commercial property and casualty insurance carriers, brokers and managing general agents (MGAs). Groundspeed’s solutions unlock the value buried within unstructured information such as loss runs, exposure schedules and policy data to automate core processes and provide powerful predictive risk analytics that improve margins, identify profit pools, and improve customer experience.
“Groundspeed is extremely honored to be the SmartZone Best Small Business of the Year. This recognition could not have been achieved without the work of our outstanding, innovative team as well as the support and resources our community has provided to allow us to grow,” said Jeff Mason, Founder and Co-CEO of Groundspeed.
Companies recognized as a “Best Small Business” through Michigan Celebrates Small Business were selected by their regional SmartZone. The SmartZone Best Small Business honorees were identified by their respective SmartZones based on their demonstration of successful growth and contributions to the economy of Michigan. The SmartZone Best Small Business of the Year was selected among honorees by a panel of judges.
Winners were selected by Michigan-based judges from the banking, economic development, entrepreneurship development, and venture capital communities.
The Best Small Business awards are presented by Michigan Celebrates Small Business. The MCSB awards program received over 600 award nominations in 2019.
Michigan Celebrates Small Business (MCSB) is a collaboration of trusted statewide founding organizations who offer resources for small businesses. Since 2005, Michigan Celebrates Small Business awards gala has placed a spotlight on how small businesses positively impact our communities and state. The MCSB organization is focused on supporting, promoting and celebrating small businesses in Michigan.
The Michigan Small Business Development Center is the managing partner of Michigan Celebrates Small Business in 2019. Michigan Celebrates Small Business was founded by the Michigan Small Business Development Center, Michigan Economic Development Corporation, U.S. Small Business Administration – Michigan, Edward Lowe Foundation, Michigan Business Network, and the Small Business Association of Michigan.
Founding sponsors are the Michigan Economic Development Corporation, PNC Bank, AF Group, and Dynamic Edge, Inc.
Information about Michigan Celebrates Small Business can be found at www.MichiganCelebrates.org.
