Outmarket AI Raises $34.5 Million for Insurance Automation

Sep 28, 2026
Outmarket AI raised $34.5 million in Series B funding led by SignalFire, bringing its total funding to $56.5 million.

Outmarket AI announced in a press release that it raised $34.5 million in Series B funding led by SignalFire. Fika Ventures, Permanent Capital Ventures, TTV Capital and Dash Fund also participated, bringing the insurance software company's total funding to $56.5 million.

Outmarket says its platform has more than 10,000 active users and over 300 agency customers, including more than 25% of the 100 largest insurance agencies. The platform connects with agency management systems and automates workflows for commercial insurance, employee benefits, personal insurance and specialty insurance.

The company also introduced a Certificates of Insurance workflow. It extracts requirements from contracts and leases, compares them with policies, identifies coverage gaps and generates completed ACORD certificates. Outmarket plans to extend its software to insurance carriers later this year.

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