Outmarket AI raises $34.5m Series B at $335m valuation
SignalFire led the round, bringing Outmarket’s reported cumulative funding to $56.5m.
Fika Ventures, Permanent Capital Ventures, TTV Capital and Dash Fund also participated.
The Series B follows a separate $17m Series A announced four months earlier. Outmarket plans to expand workflows across commercial, benefits, personal and specialty insurance.
The platform already serves more than 300 agencies. Its connections to agency management systems provide a base for extending automation across additional insurance work.
Use of funds
Expand workflows across commercial, benefits, personal and specialty insurance agencies.