Tech News
← Home  ·  All topics

Insurtech

2 GoKawiil briefs on this topic

Outmarket raises $34.5M Series B led by SignalFire

Outmarket, an AI startup that automates paperwork for commercial insurance brokers, has raised a $34.5 million Series B round led by SignalFire, with participation from Fika Ventures, Permanent Capital Ventures, TTV Capital and Dash Fund. The company, founded by former Ethos product lead Vishal Sankhala in late 2023, says it now works with over 300 insurance agencies, including a quarter of the top 100, since launching its current product 14 months ago.

Corgi Insurance lays off staff and scraps plan for 100 24/7 cafes

AI-focused insurance startup Corgi Insurance has laid off employees who were building out a chain of company-branded coffee shops in San Francisco, according to the San Francisco Chronicle. The move follows the shutdown of one of its two existing cafe locations after city officials found it operating without a required permit, and comes as Corgi originally aimed to open 100 cafes within six months.