InsurTech Startups

OSeven provides a device-agnostic telematics platform that analyzes driving behavior data from smartphones, in-vehicle sensors, and IoT devices to deliver real-time and post-trip driver insights and alerts on safe and eco-driving. It is aimed at multinational insurers seeking to shift from risk aggregation to risk prevention in order to reduce accident risk and claims costs.

1 investor

DeepOpinion builds an agentic AI platform aimed at automating the complex, manual work that bridges gaps between enterprise systems. It targets the enterprise software market, positioning its product as a new category of software built on proprietary AI research.

1 investor

Outward VC is a venture capital firm that invests in early-stage startups operating in complex, regulated markets such as financial services, insurance, real estate, and legal and professional services.

1 investor

20tree.ai (operating as Overstory) provides AI-powered vegetation intelligence for electric utilities, combining satellite and aerial imagery with local asset data to optimize vegetation management programs. The platform helps utilities reduce costs, manage risk from tree encroachment and wildfires, and improve grid reliability through data-driven decision-making.

1 investor

OWIT builds an insurance data and process management platform (Insurance Workbench, combining IDM and IPM) that handles bordereaux, policy, claims, and cash data across the insurance program lifecycle. Founded in 2018, it serves insurers and administrators with workflow-driven tools and a built-in AI layer for data quality, compliance, and operational efficiency.

1 investor

Owl Brokers is a licensed Canadian insurance brokerage for group employee benefits, pairing human advisory with a proprietary AI platform that ingests plan documents and processes quotes, renewals, benchmarking, and reporting. It serves organizations of all sizes as well as brokers and cross-border sponsors, handling day-to-day service, renewals, and employee support.

1 investor

Oyen provides pet insurance for cats and dogs in Malaysia, covering vet bills, third-party injury, and farewell costs, with online claims payable to any licensed Malaysian vet clinic. It also offers takaful and travel-related products, acting as an insurance intermediary underwritten by MSIG Insurance (Malaysia).

1 investor

Pace is an AI operations platform for the insurance industry that turns standard operating procedures into agentic workflows executing tasks across documents, systems, and customer channels. It serves carriers, brokers, MGAs, and TPAs to automate operations such as submission intake, quoting, claims processing (FNOL), policy checking, and endorsement handling, with integrations to systems like Guidewire, Duck Creek, and Vertafore.

1 investor

Palomar is a specialty insurer offering coverage for commercial and residential clients across five product categories: earthquake, casualty, inland marine and property, crop, and surety and credit. It focuses on niche and specialty insurance lines.

1 investor

Parasol develops insurance technology software targeting insurance brokers to improve their workflow and operations.

1 investor

ParetoHealth pools small and midsize employers (50–1,000 employees) into a captive community for self-funded health benefits, using group scale to provide stop-loss risk protection and a cost-containment platform. It serves US employers seeking to reduce and stabilize healthcare benefit costs.

1 investor

PartnerRe is a global reinsurance company providing underwriting capacity across geographic markets, business lines and products, backed by $13 billion in total capital. It serves insurance clients seeking protection against a range of risks, including catastrophic events.

1 investor

Pasito builds an AI-native workspace that helps benefits leaders manage the full benefits administration cycle from quoting to claims processing. The platform serves employers and employees seeking to simplify benefits access and management.

1 investor

Pathwork is an AI platform for the distribution side of life and health insurance, automating how policies are sold, placed, and retained. It provides tools for brokers and carriers—including a knowledge assistant, case underwriter, and pre-qualification manager—to prepare, submit, and triage insurance cases across products such as term and permanent life, long-term care, and annuities.

1 investor

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.

1 investor

Paxos Health builds tools that help patients navigate health insurance coverage, denials, and appeals, and works with medical technology companies to improve patient access to their treatments. It also supports patient access teams in getting patients approved for care.

1 investor

PCMI builds PCRS, an F&I (finance and insurance) administration platform that manages the full product lifecycle — contracts, claims, and payments — on a deterministic core with an agentic AI layer for automation and self-service. It also offers TruComply for managing cancellations, refunds, filings, and regulatory compliance, serving third-party administrators, OEMs, and dealers.

1 investor

Pelagos Insurance Capital brings together capital, underwriting expertise, and partners to underwrite specialty risk. It focuses on disciplined underwriting and strategic partnerships across specialty lines of business worldwide.

1 investor

Penseo offers a platform for managing occupational pension plans (betriebliche Altersvorsorge/bAV), enabling brokers and companies to administer existing and new pension contracts. It targets small businesses by pooling their pension arrangements into a collective, and provides interfaces to HR and payroll systems plus chatbot-based self-service for employees.

1 investor

Pensure offers a digital occupational pension (tjänstepension) service for entrepreneurs, companies, and their employees in Sweden, letting users set up and manage pension savings online without insurance fees. The platform targets both self-employed individuals and employers seeking to provide pension benefits to staff.

1 investor

Peoples Bank offers consumer and business banking products including savings accounts, CDs, auto and vehicle loans, mortgages, online banking with eStatements, and merchant services. It also provides insurance coverage, life insurance premium financing, and agency banking for independent insurance agencies, with branches in Kentucky.

1 investor

Performant provides payment integrity services for commercial healthcare and government payers, identifying, preventing, and recovering waste, improper payments, and defaulted assets across Medicare, Medicaid, and commercial health plans. The company offers analytics and workflow technology plus professional services to help payers recover and prevent payment discrepancies.

1 investor

PhonePe is an Indian digital payments app that lets users send money, recharge, pay bills, and make UPI transactions, including cross-border payments at select international merchants. It also offers financial services such as insurance, investments, lending, and digital gold, plus payment acceptance solutions (QR codes, SmartSpeakers, POS/EDC devices) for merchants.

1 investor

Photocert validates the authenticity of photos and digital documents using image analysis technology, serving businesses in insurance, logistics, and real estate to verify visual evidence and detect fraud.

1 investor