Outmarket AI, an intelligence platform transforming business insurance with cutting-edge AI, has officially launched with $4.7 million in seed funding. The round, led by Fika Ventures with participation from TTV and Dash Fund, will propel Outmarket’s innovation, expand its team, and speed up strategic partnerships with top brokers and carriers.
Bringing AI-Driven Efficiency to Industrial Insurance
Insurance is the backbone of business, yet outdated workflows and manual processes cost brokers and carriers billions in lost productivity yearly. Despite being an industry growing from $776.6 billion in 2024 to $845.28 billion in 2025 at a compound annual growth rate (CAGR) of 8.8%, business insurance still heavily relies on PDFs, emails, and data entry, resulting in inefficiencies and missed revenue opportunities. Outmarket AI is here to vary that.
said Vishal Sankhla, Co-Founder and CEO of Outmarket AI.
Outmarket’s AI-powered platform seamlessly integrates into brokers’ and carriers’ workflows, automating insights and decision-making without disrupting existing operations. From automating submissions and enhancing policy reviews to identifying latest revenue opportunities, Outmarket streamlines operations and helps brokers and carriers optimize their strategies.
The Outmarket Blueprint: A Latest Era of Intelligent Insurance
Unlike previous insurtech solutions that focused on mere digitization, Outmarket AI pioneers agentic automation, where AI acts as a real partner to brokers by handling complex tasks immediately.
Key Features of Outmarket AI:
- AI-Driven Risk Evaluation: Understands risk and appetite across hundreds of carriers in real time.
- Automated Submissions: Pulls in essential data from emails, agency management systems, and PDFs.
- Growth & Cross-Sell Insights: Repeatedly analyzes business books to surface opportunities.
- End-to-End Workflow Automation: Moves beyond isolated tasks to streamline full processes.
said Anshu Jain, Co-Founder and CTO of Outmarket AI.
Built by Industry Leaders, Backed by Visionary Investors
Outmarket AI was founded by AI and insurtech veterans with deep expertise in business insurance and artificial intelligence. Vishal Sankhla and Anshu Jain, who previously worked together at Meta and Ethos, have assembled a world-class team with alumni from IBM Watson, Uber, Adobe, and leading insurance technology firms.
said TX Zhuo, Managing Partner at Fika Ventures.
Real-World Impact: Transforming Insurance Workflows
Outmarket AI is already making waves amongst early adopters, including top 100 business brokers, MGAs, and wholesalers. Customers have reported slashing quote comparison and policy review times by as much as 80%, turning days-long processes into minutes.
Beyond efficiency, Outmarket AI provides brokers and carriers with real-time, AI-powered insights through an intuitive interface. Users can ask natural language questions and receive actionable recommendations—without requiring technical expertise. The platform’s seamless data integration and automation capabilities enable insurance professionals to discover cross-selling potential, optimize carrier placements, and maximize profitability at speeds never seen before.
Looking Ahead: The Way forward for AI in Insurance
Outmarket AI just isn’t here to make small improvements—it’s here to fundamentally redefine how insurance operates. By shifting from static, manual processes to AI-driven decision-making, Outmarket AI is paving the way in which for the following generation of intelligent insurance solutions.
said Jain.
