Who are Patra's investors?

Patra's investors include FTV Capital.

How much funding has Patra raised?

Patra has disclosed $40.7M raised across 1 round.

Patra

Founded 2022 · 1 known investors

Patra offers an agentic AI platform purpose-built for insurance operations that reads, structures, compares, checks, and validates work across core workflows such as policy checking, certificate (COI) processing, quote comparison, renewals, and endorsements, with human experts handling judgment and exceptions. It serves insurance organizations (brokers/agencies) through AI-powered managed services, small account management, and virtual assistants.

AI & Machine Learning InsurTech SaaS

Founders & leadership

John SimpsonPresident and Director

Simon DavisVice President and Treasurer

Francis Heffernan IIINamed on SEC filing

Mike VostrizanskyNamed on SEC filing

Brad BernsteinNamed on SEC filing

Eliseo Ruiz IIISecretary

Investors · 1

FTV CapitalNew York · $10M – $30M

Reported raises · per SEC filings

Form D private placements

$40.7M disclosed across 1 round · 2022

▶$40.7MraisedSep 2022 · 35 investors · Other

Rule 506(b)

Officers, directors & promoters on the filing

Francis Heffernan IIIDirector
Mike VostrizanskyDirector
Eliseo Ruiz IIIExecutive Officer
Brad BernsteinDirector
John SimpsonExecutive Officer, Director
Simon DavisExecutive Officer

Amount sold: $40.7M
First sale: Sep 2022
Incorporated: Limited Liability Company, Delaware, 2022
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Frequently asked questions

What does Patra do?: Patra offers an agentic AI platform purpose-built for insurance operations that reads, structures, compares, checks, and validates work across core workflows such as policy checking, certificate (COI) processing, quote comparison, renewals, and endorsements, with human experts handling judgment and exceptions. It serves insurance organizations (brokers/agencies) through AI-powered managed services, small account management, and virtual assistants.
Who are Patra's investors?: Patra's investors include FTV Capital.
How much funding has Patra raised?: Patra has disclosed $40.7M raised across 1 round.