Plutus Secures Investment from ServiceNow Ventures to Accelerate Agentic AI Innovation for the Insurance Industry

Plutus, the emerging leader in Agentic AI solutions for the insurance sector, announced an investment from ServiceNow Ventures , joining existing investor Moneta Ventures in backing Plutus' mission to transform insurance carriers and brokers with AI-powered offerings built on the ServiceNow AI Platform.

Founded by former ServiceNow executives Chirag Jindal (CEO) , Kara Anderson (COO) , and Abhishek Bajpai (CTO) , Plutus delivers pre-configured, AI-native solutions to modernize claims, underwriting, and servicing processes for P&C, L&A, and broker ecosystems."Our mission from day one has been to bring purpose-built, industry-specific AI agents to the insurance ecosystem that are built on ServiceNow," said Kara Anderson, COO and Co-founder of Plutus . "With the support of both Moneta Ventures and now ServiceNow Ventures, we're accelerating our roadmap to help carriers and brokers modernize faster and with greater confidence." The investment from ServiceNow Ventures reinforces the strong alignment between Plutus's agentic AI solutions for the insurance industry and ServiceNow's vision for AI-driven innovation for the financial services industry. Built on the ServiceNow AI Platform, Plutus leverages ServiceNow's powerful foundation to accelerate intelligent automation across insurance workflows, driving greater efficiency and smarter decision-making. As part of ServiceNow's expanding partner ecosystem, this collaboration positions Plutus to deliver transformative, AI-powered solutions that redefine the future of insurance operations. "Plutus represents the type of industry-focused, AI-first innovation we want to see thrive in the ServiceNow ecosystem," said Vidya Balakrishnan, VP and GM, Financial Services, ServiceNow. "Built on the ServiceNow AI Platform, their agentic AI solutions have the potential to dramatically simplify and modernize insurance operations. Together, Plutus and ServiceNow are empowering carriers to resolve policyholder issues quickly, transparently, and at scale, and we're excited to support their growth." With enterprise contracts already in motion, Plutus is positioned to become the partner of choice for carriers and brokers looking to unlock the full potential of AI on the ServiceNow AI Platform.