The problem
Insurers' claims run on slow manual work, so cycle times and overpayments stay high
What they do
AI-native third-party administrator that handles P&C insurance claims end to end
Traction Multi-seven-figure ARR in under a year; 40+ enterprise customers, 9 of top 25 carriers
Hiring trend
- Open roles
- 8
- Ops roles
- 2
- Headcount
- ~65
~25 staff (Apr 2026, Coverager) to ~65 (Harmonic/PitchBook, Oct 2026)
Hiring in
- San Francisco
- Remote (US)
Funding
- Last round
- $51.3M
- Stage
- Series A
- Date
- Mar 2026
Led by Not disclosed (backers incl. Founders Fund, Emergence)
- Hiring+18 open roles on the live job board (3–9 roles = +1)
- Funding recency+1Series A · $51.3M, Mar 2026 (7 months ago): 6–12 months = +1
- Traction+1.5Strong growth: Multi-seven-figure ARR in under a year; 40+ enterprise customers, 9 of top 25 carriers
- Red flags0None found in the last 24 months
- Total3.51 + 1 + 1.5 − 0 = 3.5 → Tempo (3.5–4.24)
Distance (10K) is a separate read on how long the lead can last. It doesn't change the score.
Distance
10K · edge: hard to leave
40+ insurers and multi-seven-figure ARR, against Sedgwick's $5B+ claims business.
Sources: Strala: company page ↗ · Altis: Strala research summary (Sep 2026) ↗ · Business Insurance: largest TPAs by 2025 revenue (2026) ↗
Open ops roles · 2
Last checked Oct 25, 2026