Outmarket AI Secures $34.5M Series B to Scale Insurance Automation Platform
By Lauren Towner · 28 September 2026
In brief: Outmarket AI raised $34.5M in Series B funding led by SignalFire, valuing the insurtech at $335M. The platform now serves 10,000+ users and 300+ agencies with AI-driven insurance workflows.
| Funding Amount | $34.5 Million |
|---|---|
| Valuation | $335 Million |
| Active Users | 10,000+ |
| Agency Customers | 300+ |
| Lead Investor | SignalFire |
Outmarket, the leading AI platform for insurance, has announced a $34.5 million Series B funding round led by SignalFire, bringing the company’s valuation to $335 million. This investment comes just four months after a $17 million Series A, bringing the company's total funding to $56.5 million.
The company is experiencing rapid growth, recently surpassing 10,000 active users. The platform is currently utilized by over 300 agency customers, including more than 25% of the Top 100 insurance agencies in the market.
Alongside the funding, Outmarket has released a new Certificates of Insurance workflow. This AI-driven tool reads client contracts, extracts requirements, identifies coverage gaps, and generates completed certificates. This marks the company's fifth product launch since mid-June.
Full details on the platform and its capabilities can be found at outmarket.ai.
Frequently asked questions
How much did Outmarket AI raise in its Series B?
Outmarket AI raised $34.5 million in its Series B funding round. This investment was led by SignalFire and brings the company's total funding to $56.5 million, following a $17 million Series A round completed just four months prior.
What is the current valuation of Outmarket AI?
Following the $34.5 million Series B round, Outmarket AI is now valued at $335 million. This valuation reflects the company's rapid growth and its position as a leading AI platform for the insurance industry.
Which agencies are currently using the Outmarket AI platform?
The platform is utilized by over 300 agency customers. Notably, this includes more than 25% of the Top 100 insurance agencies, demonstrating significant market penetration among the industry's largest players.
About the companies
Companies in this story: Outmarket
People in this story: Vishal Sankhla