Tagged: insurance
30 results
Equal Parts
Equal Parts is an Austin-based insurance company that acquires established independent insurance agencies and equips them with shared infrastructure and AI-driven automation. Founded in March 2025 by Mike Witte, Graham Yennie and Mike Meller, it positions itself as a growth network - preserving each agency's identity and local relationships while standardizing back-office workflows so agents can focus on clients. The company raised a $23M Series A led by Inspired Capital in February 2026 and aims to become a top-5 insurance distributor by acquiring 25 agencies in 2026 and reaching $1B in premiums.
FlowX.AI
FlowX.AI is an AI-native platform that helps large banks, insurers and other regulated enterprises deploy production-grade AI agents on top of their existing legacy systems - without ripping out core infrastructure. Founded in 2021 by Ioan Iacob, Radu Cautis and Serban Chiricescu, the company pairs a Delaware headquarters with an engineering base in Bucharest, Romania. It offers 140+ ready-made agents across lending, onboarding, claims and compliance, and in 2023 raised a $35M Series A led by Dawn Capital - reported as Romania's largest Series A at the time.
Straterix
Straterix is a New Jersey-based fintech that builds AI-driven scenario generation and stress-testing software for banks, insurers, pension funds, corporates and regulators. Founded in 2015 by Alla Gil, Joseph Dafni and Dan Galai, its platform uses machine learning and data mining to generate thousands of forward-looking economic scenarios, letting institutions run reverse stress tests, optimize capital and liquidity, and turn regulatory compliance exercises into strategic planning tools.
Ascend
Ascend is a San Francisco-based financial operations platform purpose-built for the insurance industry. It automates the money workflows brokers, agencies, wholesalers, MGAs and carriers deal with every day - billing and invoicing, premium collection and financing, cash application, commission reconciliation and carrier payables - so businesses close their books faster and cut manual accounting work. Founded in 2021 by Andrew Wynn and Praveen Chekuri, the company is trusted by more than 4,000 insurance businesses, including over half of the 50 largest brokers in the US, and in 2026 agreed to merge with premium finance firm Honor Capital to form what the companies describe as insurance's first fully vertically integrated, AI-powered financial operations platform.
Comulate
Comulate builds AI-powered accounting automation and revenue-intelligence software for large insurance brokers. Its platform handles the industry's most manual, error-prone back-office work - direct billing, cash application, carrier payables and revenue integrity - by extracting data from disparate sources, reconciling it against policy systems, and flagging discrepancies. Founded in 2022 by former Asana and Brex operators Jordan Katz and Michael Mattheakis, the San Francisco company scaled to eight-figure revenue in under three years and raised a $20M Series B led by BOND and Workday Ventures in February 2025.
GeoX
GeoX is an Israeli-founded geospatial AI company that turns aerial imagery, satellite data and ground-level images into detailed 3D models of individual buildings. Insurers, reinsurers, banks and public agencies use its property database - covering roughly 160 million US properties and expanding across Europe, Japan and Australia - to assess roof condition, elevation and exposure to fires, floods and storms without sending anyone into the field. The company raised a $19M Series A in 2024 (led by Flashpoint), bringing total funding to $23M.
Goodcover
Goodcover is a San Francisco insurtech offering cooperative renters insurance built around a member-first model. Founded in 2017 and launched out of Y Combinator, it operates as a Managing General Agent that pools members' premiums, takes a fixed fee, pays claims, and returns leftover premium to members as an Annual Member Dividend. The pitch: renters insurance for roughly half the price of legacy carriers, with a fully digital sign-up, human support, and a structure that aligns the company's incentives with its members rather than with retaining unclaimed premium as profit.
VOOM Insurance
VOOM Insurance is an insurtech company building usage-based, telematics-driven insurance for underserved mobility segments - motorcycles, drones, e-bikes, light aircraft and gig drivers. Founded in 2016 by Tomer Kashi and Ori Blumenthal, VOOM launched the world's first pay-per-mile motorcycle insurance and, through its SkyWatch division, became the leading digital drone insurance product in North America. The company charges customers based on actual usage rather than flat annual premiums, aiming to make coverage fairer for people whose vehicles sit idle for much of the year.
Max Brenner
Max Brenner is co-founder and CEO of WithCoverage, an AI-enabled risk management and insurance platform based in New York that raised a $42M Series B in January 2026, led by Sequoia and Khosla Ventures. He was part of the founding team at Compound, the wealth management platform, where he helped scale to its first $1B in AUM before starting WithCoverage with Opendoor co-founder JD Ross to rebuild the commercial insurance broker from scratch.
Michael Witte
Mike Witte is co-founder and CEO of Equal Parts, an Austin-based insurance platform that acquires independent agencies and layers AI automation on top of the humans who already sell the policies. In February 2026 the company closed a $23M Series A led by Inspired Capital, bringing total acquisition capital to $50M. Before Equal Parts, Witte co-founded RigUp (later Workrise) and helped scale it to a reported $3B valuation.
Mike Greene
Mike Greene is the CEO and co-founder of Hi Marley, a Boston-based insurtech company building an intelligent SMS communication platform for property and casualty insurance carriers. A repeat founder who previously built and sold Futurity Group to Aon, Greene has spent his career trying to make insurance communication less frustrating and more human, working with 13 of the top 30 P&C carriers.
Natan Wise
Natan Wise is the co-founder and CEO of Conduit Health, a New York based company that helps Medicare and Medicaid patients get insurance-covered medical supplies. In March 2026 the company raised a $17 million Series A led by Drive Capital, bringing total funding to $22 million. Before Conduit, Wise was Chief of Staff at Branded, held expansion and strategy roles at Candid Care, and was on the founding team at ConsenSys Ventures, where he worked on early seed checks into BlockFi, Starkware, and Quantstamp.
Noah Kotlove
Noah Kotlove is the co-founder and CEO of Berry Street, a New York-based telehealth platform that connects patients with insurance-covered registered dietitians and gives independent RDs the software to run their practices. He launched Berry Street in 2023 with Jesse Rose after his own experience with a dietitian led to sustained results where fad diets had not. Before Berry Street, Kotlove built Sobrietysoft, an addiction recovery app that grew to more than six million users, and worked as a senior innovation consultant at Accenture after graduating from Wharton. In February 2025 Berry Street raised a $50M Series B led by Northzone, with Sofina, FJ Labs, the founder of Revolut, the co-founders of Spring Health and Grow Therapy, and the CEO of Found also participating.
Zaya Care
Zaya Care is a New York-based healthcare company building the largest network of in-network maternal and wellness specialists in the United States. It negotiates insurance contracts on behalf of independent practitioners - pelvic floor therapists, lactation consultants, dietitians, mental health therapists and acupuncturists - and handles credentialing, eligibility and billing so those providers can accept insurance without the administrative burden or financial risk of doing it alone. Inspired by the comprehensive European model of maternity care, Zaya gives small practices the leverage and efficiency of a large health system while letting them stay independent, and gives patients affordable, whole-person care beyond the standard OB-GYN visit.
Re
Re is a blockchain-powered reinsurance protocol - often described as a decentralized Lloyd's of London - that connects alternative capital to regulated insurance risk. Built originally on Avalanche, Re lets stablecoin depositors back baskets of real reinsurance treaties and earn premium-driven yield, while the on-chain design brings transparency and auditability to a historically opaque, intermediary-heavy market. Founded in 2022 by former Cover CEO Karn Saroya, Re has grown to roughly half a billion dollars in total value locked and launched its $RE governance token in June 2026.
Sensible
Sensible is a developer-first platform that turns any document - PDFs, scans, emails, images - into structured, verifiable JSON. It pairs LLM-based extraction with deterministic, layout-based rules written in its own configuration language, SenseML, and ships 150+ prebuilt parsers plus confidence scores, source coordinates, and human-review workflows. Founded in 2020 and backed by Craft Ventures, Sensible is used by companies across insurance, proptech, financial services, logistics, and healthcare to automate document-heavy operations.
Waterlily
Waterlily is a San Francisco-based startup that uses AI and more than 500 million data points to predict when and how a person will need long-term care, what it will cost, and how to pay for it. Built primarily for financial advisors and insurance carriers, its software turns one of retirement planning's most avoided questions into a concrete, personalized plan - from care projections to matching families with optimal long-term care insurance policies in under a second.
Rashmi Melgiri
Rashmi 'Rush' Melgiri is the co-founder and CEO of Functional Finance, a San Francisco insurtech building the financial operations platform that automates billing, premium collection, reconciliation, and money movement for insurance operators. An MIT-trained economist, she previously co-founded and ran operations at CoverWallet, the commercial insurance startup acquired by Aon in 2020. She started Functional Finance in 2021 after living the pain of chasing money across email chains inside the insurance back office, and has since raised $36M, including a $20M Series A led by Walkabout Ventures, while growing premium payment volume more than 2,500% year over year.
Karan Aneja
Karan Aneja is the co-founder and CEO of Reframe Financial, a Los Angeles insurtech building digital-first hybrid insurance products that combine indexed universal life with long-term care benefits. A serial entrepreneur and UC Berkeley alum, he previously co-founded Portea Medical (Southeast Asia's largest home healthcare company) and Vetted PetCare (a venture-backed in-home veterinary service). His pattern: build companies that bring professional care into living rooms.
Friendly
Friendly is a San Francisco-based AI company building an infrastructure layer for insurance decisioning. Its platform digitizes complex medical, financial and legal documents, summarizes records, automates underwriting and claims adjudication, and analyzes reinsurance treaties - turning unstructured paperwork into auditable, decision-ready insights for carriers, reinsurers and TPAs.
Fulcrum
Fulcrum is a San Francisco AI platform that automates the unglamorous backbone of insurance brokerages - policy checking, proposal generation, certificate issuance and carrier sales prep - so account managers can scale their books of business without scaling headcount. Founded in 2023 by Arjun Mangla and Sambhav Anand, it raised $25M in combined Seed and Series A led by CRV in January 2026 and is in use at nearly half of the top 50 U.S. brokerages.
Vesta
Vesta is a San Francisco-based B2B SaaS company building the next-generation loan origination system (LOS) for the mortgage industry. Founded in 2020 by ex-Blend engineers Mike Yu and Devon Yang, Vesta replaces legacy mortgage software with a cloud-native, open, rules-driven platform that lets lenders configure workflows, automate compliance checks, and integrate with 40+ ecosystem partners - all without custom code. Backed by Andreessen Horowitz and Pennymac, Vesta tripled its loan volume and customer count year-over-year through 2025.
Neel Shah
Neel Shah is a New York-based healthcare-fintech operator and the chief executive of Zaya Care, a startup that helps independently-owned practices accept insurance profitably. Before Zaya, he ran commercial and product finance at Cedar, the healthcare billing and payments company. His work sits at the unglamorous seam of American medicine - the paperwork, reimbursement and revenue plumbing that decides whether a solo dietitian, physical therapist or acupuncturist can afford to take insurance at all. Zaya, which began by importing a European-style model of maternal care and negotiating coverage with major payers, now pitches itself as the financial leverage of a large medical group for providers who want to stay independent.
Heka Global
Heka Global is a New York and Tel Aviv based fintech that turns scattered public web signals into structured, explainable consumer profiles for financial institutions. Its AI-driven web intelligence engine helps banks, insurers and pension providers detect fraud, verify identities, reconnect dormant accounts and underwrite thin-file customers - using a proprietary database of millions of records plus live open-web data. Heka raised a $14M Series A in July 2025 led by Windare Ventures with participation from Barclays and Corn`er Banca.
MGT Insurance
MGT Insurance is a vertically AI-native neo-insurer rebuilding commercial property and casualty insurance for the roughly 35 million small businesses in the United States and the brokers who serve them. Founded in 2022 by brothers Graham and Michael Topol, MGT owns the full stack - intake, underwriting, distribution, policy delivery and servicing - on a modern technology platform, letting agents quote and often bind Business Owner Policies in minutes rather than days or weeks. The company writes BOP in 42-plus states and D.C., serves nearly 30,000 customers, holds an A- (Excellent) rating from AM Best, and closed an oversubscribed $21.6M Series B in October 2025 led by Mubadala Capital.
ScoreData Corporation
ScoreData Corporation is a Palo Alto-based AI/ML company that helps consumer-facing businesses turn legacy and external data into real-time predictive decisions. Its ScoreFast platform builds and continuously updates machine learning models with minimal manual work, powering omni-channel customer engagement, caller-to-agent mapping, fraud detection, churn management and cross-sell for financial services, insurance and healthcare contact centers.
Avantos
Avantos is an AI-native operating system for client management in financial services. Built on a knowledge graph that connects client data, products, teams, and work, its AI agents power onboarding, servicing, and growth while fitting into existing tech stacks. Founded in 2024 in New York by Bassam Chaptini and Rabih Ramadi, the company launched with Mercer Advisors and raised a $25M Series A led by Bessemer Venture Partners in February 2026, bringing total funding to $35M.
Functional Finance
Functional Finance is a San Francisco-based insurtech building the financial operations (FinOps) platform for the insurance industry. Its API-driven software automates billing, invoicing, premium collection, premium finance, payables, commissions, treasury and reconciliation for managing general agents (MGAs), wholesalers and carriers - replacing spreadsheets and manual data entry with near real-time, policy-aware money movement. Founded in 2021 by CoverWallet alumni, the company raised a $20M Series A in 2024 on the back of a 2,500% year-over-year jump in premium payment volume.
Riders Share
Riders Share is the largest peer-to-peer motorcycle rental marketplace in the U.S., connecting motorcycle owners with vetted riders. Founded by Guillermo Cornejo after a costly crash left him unable to afford a new bike, the Austin-based platform turns underused garages full of Harleys, Ducatis and BMWs into income for owners and affordable rides for the 20+ million ex-riders who want to get back on two wheels. It layers machine-learning rider screening, proprietary insurance backed by Lloyd's of London, and roadside assistance on top of a simple Airbnb-for-motorcycles model.
Spark Advisors
Spark Advisors is a New York-based technology-enabled Medicare brokerage that builds an all-in-one platform for independent agents, agency principals, and call centers. It combines an agency management system, a Medicare-specific CRM, back-office services, and AI-powered tools to help brokers grow their books of business and keep clients enrolled. The company supports more than 10,000 brokers and powered roughly 250,000 Medicare enrollments in 2025.