Outmarket Secures $34.5 Million In Series B Funding Led By SignalFire At $335 Million Valuation

Outmarket, an AI-powered insurance technology company, raised $34.5 million in Series B funding at a $335 million valuation, just four months after its $17 million Series A. Led by SignalFire, the round brings the company’s total funding to $51.5 million. Founded by former Ethos product leader Vishal Sankhla, Outmarket uses AI to automate paperwork and administrative work for commercial insurance agencies and brokers. The company has more than 300 insurance agencies as customers, including 25% of the top 100 agencies. FOUNDER: Vishal Sankhla INVESTORS: SignalFire, Fika Ventures, Permanent Capital Ventures, TTV Capital & Dash Fund ROUND: Series B AMOUNT: $34,500,000 VALUATION: $335,000,000 #VentureCapital #Outmarket #Insurtech #AI #TradedVC