What it sells
An AI insurance clearinghouse that verifies insurance policies through one API across fragmented carrier systems, replacing faxes and phone calls.
Business model breakdown
Buyer: who owns the budget?
Operations/risk teams at lenders, rental and auto companies
Trigger: what makes them buy now?
Manual proof-of-insurance verification by fax and phone
Workflow: what inputs become what output?
Insurance policy verification
Economics: what it saves and how it charges
Claims customers recovered $220M in losses
Distribution: how it reaches customers
Direct sales; single API
Funding history and coverage
| Round date | Stage | Amount | Investors | Source |
|---|---|---|---|---|
| 2026-08-11 | Series A | $17.5M | Base10 Partners (lead), Y Combinator, Gradient Ventures, Stage 2 Capital, angels | techfundingnews.com |
| — | Y Combinator Summer 2022 | — | Y Combinator | ycombinator.com |
Profiles summarize public reporting and company websites. Business-model notes are MaxBC's reading of that material, not confirmed facts; unknowns are left blank rather than guessed. Updated 2026-10-11.