Outmarket AI, a startup focused on modernizing commercial insurance operations through artificial intelligence, has successfully closed a $4.7 million seed funding round. The investment was spearheaded by Fika Ventures, with further contributions from TTV and Dash Fund.
Founded in 2023, Outmarket AI currently operates with a team of approximately six individuals. The company is building an intelligence layer designed to serve both insurance brokers and carriers. This AI-driven system aims to streamline key processes, including the intake of submissions, comparative quote analysis, and the review of insurance policies, using AI-powered agents to enhance efficiency.
