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Outmarket AI

Founded 2023 · 52 employees on LinkedIn · 6 known investors

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Outmarket is an AI platform for commercial insurance agencies that automates document-heavy workflows such as comparing carrier quotes, reviewing policies, and generating proposals and forms. It offers a library of over 20 workflows built to extract, normalize, and analyze insurance documents.

AI & Machine LearningInsurTechSaaS

Founders & leadership

Outmarket AI was founded in 2023 by Vishal Sankhla and Anshu Jain.

VSVishal Sankhla
Vishal SankhlaCo-founder & CEOVishal Sankhla previously worked at Uber optimizing large-scale data systems, at Meta leading ads optimization with significant revenue impact, and at Ethos where he led product teams for both consumer and enterprise segments. He is now co-founder and CEO of Outmarket, an AI platform for insurance agencies that automates document-heavy workflows.
AJAnshu Jain
Anshu JainFounderAnshu Jain spent 13 years at IBM Research and IBM Watson on NLP, text analytics, and knowledge graphs, progressing to department manager, then held platform product and analytics roles at EthosLife, a Series-D life insurance startup, and led solution engineering for Meta's entertainment and telco business supporting a $3B portfolio. He is now CTO and co-founder of Outmarket, an AI platform automating document workflows for commercial insurance agencies.
APAlpesh Patel
Alpesh PatelChief Revenue OfficerAlpesh Patel has spent over 20 years in enterprise go-to-market roles, leading sales and business development at Salesforce, DocuSign, and H1 with a focus on regulated industries including insurance and financial services. At Salesforce he led the Enterprise Insurance sales team, and at DocuSign he built the Enterprise Insurance business and scaled Financial Services and Insurance verticals.

Investors · 6

Fikalisted by FikaCulver City · $1M – $10M

How we know: Fika's portfolio page · a partner's Signal profile · the VCSheet dataset · Not right? Tell us

Permanent Capital Ventureslisted by Permanent Capital VenturesChicago

How we know: funding news · ideas.everywhere.vc · Not right? Tell us

SignalFirelisted by SignalFireSan Francisco · $250K – $15M

How we know: funding news · ideas.everywhere.vc · clairezau.substack.com · open dataset · 5k.vc investor directory · Not right? Tell us

Dash FundreportedNew York · $200K – $400K

How we know: funding news · ideas.everywhere.vc · Not right? Tell us

Fika VenturesreportedCulver City · $250K – $2M

How we know: funding news · ideas.everywhere.vc · Not right? Tell us

TTV CapitalreportedAtlanta · $250K – $7M

How we know: funding news · ideas.everywhere.vc · Not right? Tell us

Funding

SEC filings, press & company announcements

$17M disclosed across 1 of 3 rounds · 2026

Source: company announcements and press reports — follow each round's link for the claim.

Valuation · disclosed

Disclosed events
$335Mvaluation at Series BSep 2026
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

In the news

Insurtech Outmarket raises $34.5M just months after prior round | TechCrunchtechcrunch.com · Sep 2026Outmarket AI Launches Data Intelligence Platform, Giving Insurance Agencies One Source of Truth and the Power to Ask It Anythingprnewswire.com · Jul 2026Outmarket AI Raises $17M to Expand AI Platform Purpose-Built for Insuranceideas.everywhere.vc · May 2026Outmarket AI Raises $17M Series A to Power the Intelligence Era of Insurancefinance.yahoo.com · May 2026Outmarket AI Raises $17M in Series A Fundingfinsmes.com · May 2026Outmarket AI Raises $4.7M to Bring AI-Powered Intelligence to Commercial Insuranceideas.everywhere.vc · Mar 2025

Frequently asked questions

What does Outmarket AI do?
Outmarket is an AI platform for commercial insurance agencies that automates document-heavy workflows such as comparing carrier quotes, reviewing policies, and generating proposals and forms. It offers a library of over 20 workflows built to extract, normalize, and analyze insurance documents.
Who founded Outmarket AI?
Outmarket AI was founded by Vishal Sankhla, Anshu Jain in 2023.
Who are Outmarket AI's investors?
Outmarket AI's investors include Fika, Permanent Capital Ventures, SignalFire, Dash Fund, Fika Ventures, TTV Capital.
How much funding has Outmarket AI raised?
Outmarket AI has disclosed $17M raised across 1 of its 3 known rounds.