Outmarket raises $34.5M Series B at $355M valuation four months after Series A
Insuretech startup Outmarket has raised a $34.5 million Series B round led by SignalFire, with participation from Fika Ventures, Permanent Capital Ventures, TTV Capital and Dash Fund. The round values the company at $355 million, according to a person familiar with the investment, and comes just four months after a $17 million Series A.
Key points
- Series B of $34.5M led by SignalFire values Outmarket at $355M
- Round comes four months after $17M Series A
- Over 300 agencies signed, including 25% of top 100, in 14 months
Founded in late 2023 by former Ethos product lead Vishal Sankhala, Outmarket uses AI to automate paperwork for insurance agencies and brokers, focusing on commercial policies. The company says it has signed over 300 agencies, including 25% of the top 100, since launching its product 14 months ago. Competitors in the space include Fulcrum AI and Further AI.
Insuretech Outmarket raises $34.5M just months after prior round
TechCrunch AI · 28 September 2026
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