Pace builds AI agents that automate insurance back-office work. The agents autonomously perform end-to-end tasks such as submission intake, policy servicing, and claims handling (including First Notice of Loss) by navigating internal applications, interpreting documents, and even making phone calls. Their platform integrates with legacy systems, mainframes, and desktop apps so automation can span existing workflows. Unlike vendors that sell standalone software, Pace offers end-to-end outcomes with pricing based on successful transactions, targeting the sizable BPO spend in insurance and financial services and replacing manual or offshore workflows with AI-driven processes. The company aims to help insurers achieve faster, more accurate, and scalable operations by embedding AI agents into daily operations and outsourcing-like workflows.
Company Size
51-200
Company Stage
Series B
Total Funding
$46M
Headquarters
New York City, New York
Founded
2024
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