signalTechCrunch AI2026-09-29
Insurtech Outmarket raises $34.5M just months after prior round
Outmarket, founded by Vishal Sankhla, uses AI to automate paperwork for insurance agencies and brokers, focusing on commercial insurance with over 250 coverage types. The startup has attracted over 300 agencies, including 25% of the top 100, and raised a $34.5 million Series B led by SignalFire, four months after a $17 million Series A, at a $335 million valuation.
- for who
- Insurance agencies and brokers seeking to automate administrative tasks and improve policy recommendation efficiency.
- why now
- Outmarket's $34.5M Series B, four months post-Series A, signals fast AI insurtech momentum.
- what changes
- Brokers can shift from tedious paperwork to high-touch customer service, accelerating policy evaluation and recommendation workflows.
- to do
- Adopt Outmarket's AI platform to automate insurance application and document processes, enabling faster and smarter agency operations.
key points
- Outmarket raised $34.5M Series B led by SignalFire
- Founded by ex-Ethos exec Vishal Sankhla, focuses on commercial insurance
- Over 300 agencies use it, including 25% of top 100
#insurtech#AI automation#funding
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