# Outmarket raises $34.5M Series B at $355M valuation four months after Series A

Digest AI · Business & Funding · published 2026-09-28T14:00:00Z

Canonical: https://digestai.news/story/outmarket-raises-34-5m-series-b-at-355m-valuation-four-months-after-se

## Summary

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.

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.

## 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

## Why it matters

Rapid follow-on funding signals investor confidence in AI automation for the massive, manual commercial insurance brokerage market.

## Sources

1. [Insuretech Outmarket raises $34.5M just months after prior round](https://techcrunch.com/2026/09/28/insuretech-outmarket-raises-34-5m-just-months-after-prior-round) (TechCrunch AI, 2026-09-28)

## Cite

Digest AI, "Outmarket raises $34.5M Series B at $355M valuation four months after Series A", 28 September 2026, https://digestai.news/story/outmarket-raises-34-5m-series-b-at-355m-valuation-four-months-after-se

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