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Reserv

Weston, US · Founded 2021 · 593 employees on LinkedIn · 7 known investors

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Reserv is a third-party claims administrator (TPA) that processes property and casualty insurance claims using AI-powered technology and modern digital workflows. The company serves insurers, managing general agents, and self-insured organizations across North America, the United Kingdom, and the EU to improve claims efficiency and customer experience.

AI & Machine LearningEnterprise SoftwareInsurTech

Founders & leadership

Reserv was founded in 2021 by CJ Przybyl.

CPCJ Przybyl
CJ PrzybylFounder · Chief Executive OfficerCJ Przybyl co-founded Snapsheet, a technology-enabled claims processing company that grew to over 400 employees and served more than 100 insurance carriers, after leading BodyShopBids' transition into a B2B insurtech business. He previously worked in the semiconductor industry on IoT and mobile sensor technologies, and currently leads Reserv, a digitally native third-party claims administrator.
MD
Martha DreilingFounder

Board

LO
llichev OlegBoard director

Investors · 7

Altai Ventureslisted by Altai VenturesWestport

How we know: a partner's Signal profile · Not right? Tell us

Anthemis Venturelisted by Anthemis VentureNew York · $500K – $7M

How we know: open dataset · 5k.vc investor directory · Not right? Tell us

Bain Capital Ventureslisted by Bain Capital VenturesBoston · $1M – $100M

How we know: a partner's Signal profile · baincapitalventures.com · open dataset · 5k.vc investor directory · Not right? Tell us

Flourish VenturesreportedSan Francisco · $100K – $5M

How we know: a partner's Signal profile · Not right? Tell us

Goodwater CapitalreportedBurlingame · $5M – $50M

How we know: a partner's Signal profile · Not right? Tell us

Also in the syndicate · 1

KKRlead

Funding

SEC filings, press & company announcements

$148.7M disclosed across 3 rounds · 2021–2026

  • $125MSeries CMay 2026 · 5 sources

    KKR (lead)

    Source ↗
▶$15.1MraisedJul 2023 · 12 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Oleg IlichevDirector
  • Jeff RadkeDirector
  • CJ PrzybylExecutive Officer, Director
  • Noah BreslowDirector
Offering amount
$20M
Amount sold
$15.1M
First sale
Jun 2023
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$8.6MraisedSep 2022 · 24 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • llichev OlegExecutive Officer, Promoter
Amount sold
$8.6M
First sale
Oct 2021
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Founder mafia

2 people who came through Reserv went on to found or lead other companies.

Noah BreslowBoard MemberFounded RevecoreCJ PrzybylFounderFounded Snapsheet

Related companies · 4

AnthemisAnthemis is a venture capital firm focused on financial services, investing in founders building companies at the intersection of finance and technology. Its team is composed of founders, operators, investors and industry experts.
AccentureAccenture is a global professional services company providing consulting, technology, and outsourcing services, including AI adoption, cloud, cybersecurity, and digital transformation for enterprises across industries. It also offers Accenture Edge to help mid-market companies adopt AI through pre-built solutions and specialist teams.
SedgwickSedgwick provides product recall management and incident response services across 150 countries, leveraging three decades of experience to help manufacturers navigate product safety crises through planning, customer notification, logistics, and remediation.
AccelerantAccelerant is a data-driven marketplace that connects specialty insurance underwriters with capital providers through proprietary AI and analytics. The platform ingests and transforms insurance data to enable automated portfolio monitoring, refined underwriting decisions, and improved pricing for its members.

Companies working in the same space as Reserv.

In the news

Reserv raises $125m Series C led by KKRfintech.global · May 2026Reserv Raises $125M in Series C Fundingfinsmes.com · May 2026

Frequently asked questions

What does Reserv do?
Reserv is a third-party claims administrator (TPA) that processes property and casualty insurance claims using AI-powered technology and modern digital workflows. The company serves insurers, managing general agents, and self-insured organizations across North America, the United Kingdom, and the EU to improve claims efficiency and customer experience.
Who founded Reserv?
Reserv was founded by CJ Przybyl in 2021.
Who are Reserv's investors?
Reserv's investors include 8VC, Altai Ventures, Anthemis Venture, Bain Capital Ventures, Flourish Ventures, Goodwater Capital.
How much funding has Reserv raised?
Reserv has disclosed $148.7M raised across 3 rounds.
Where is Reserv headquartered?
Reserv is headquartered in Weston, US.