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About Reserv
Industries
Data & Analytics
Enterprise Software
Financial Services
Company Size
501-1,000
Company Stage
Series C
Total Funding
$194M
Headquarters
New York City, New York
Founded
2022
Overview
Reserv.com provides a platform for the property and casualty insurance market that streamlines claims processing for MGAs and carriers. Its platform automates routine tasks and offers data dashboards, configurable reporting, and AI tools to support adjusters and underwriters across North America, the UK, and the EU. It processes all types of P&C claims and integrates easily with technology partners to speed up workflows and enable rapid deployment. Reserv aims to improve efficiency and the claimant experience by giving claim teams more time for complex work and better data-driven decision making.
Simplify's Take
What believers are saying
- $125M Series C from KKR fuels scaling from 500,000 to 30 million claims annually by 2030.
- Accenture Ventures investment on June 4, 2025, accelerates AI solutions across P&C ecosystem.
- $100M ARR and 200 clients validate rapid growth serving MGAs, insurers, and brokers.
What critics are saying
- Sedgwick and Crawford launch AI platforms, undercutting Reserv's pricing via carrier ties.
- EU AI Act forces disclosure of Glance's explainable AI models, halting high-risk processing.
- KKR pressures post-Series C trigger price wars and 30% adjuster turnover within 24 months.
What makes Reserv unique
- Reserv's Glance platform uses explainable AI for claims analysis from FNOL to settlement.
- Digital-native TPA without legacy tech debt enables weeks-long migrations from old systems.
- Proprietary data warehouse structures every claims data point for underwriting insights.
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Funding
Total Funding
$194M
Above
Industry Average
Funded Over
4 Rounds
Industry standards
Benefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
401(k) Company Match
Paid Vacation
Family Planning Benefits
Remote Work Options
Home Office Stipend
Growth & Insights and Company News
6 month growth
↓ -2%1 year growth
↑ 0%2 year growth
↑ 1%Reserv, Inc., a tech-enabled third-party administrator (TPA), announced today that its oversubscribed series B round has been extended to accommodate demand,...
Reserv raises additional $16M; brings total Series B to $41M.
Reserv, Inc., a tech-enabled third-party administrator, announced an extension of its oversubscribed Series B funding round, raising an additional $16 million. This brings the total Series B funding to $41 million. The extension was driven by substantial growth, alignment with new strategic investors, and increased customer demand for Reserv products.
Reserv, a tech-enabled third-party administrator, has completed its $25 million Series B funding round.
Flourish has invested in Reserv, a tech-enabled third-party administrator (TPA) focused on transforming insurance claims processing. This investment aligns with Flourish's mission to support entrepreneurs who are rebuilding foundational financial services infrastructure to improve outcomes for users, businesses, and the broader economy.
There are no jobs for Reserv right now.
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About Reserv
Industries
Data & Analytics
Enterprise Software
Financial Services
Company Size
501-1,000
Company Stage
Series C
Total Funding
$194M
Headquarters
New York City, New York
Founded
2022
There are no jobs for Reserv right now.
Find jobs on Simplify and start your career today