AI Software Engineer Intern
About the job
- Pursuing or recently completed a CS or related degree.
- Solid programming fundamentals (Python and/or JavaScript/TypeScript).
- Genuine curiosity about applied AI and a strong learning mindset.
- Build and test features that use LLMs, structured data, and document processing.
- Pair with engineers to take tasks from idea to shipped.
- Investigate real customer data problems and turn them into product improvements.
- Personal/academic projects with LLMs or data pipelines.
- Exposure to React, SQL, or cloud tooling.
About the company
Outmarket AI builds an intelligence and automation platform for the commercial insurance sector. It acts as a connectivity layer that brings together data from multiple sources used by retail agencies, wholesalers, and carriers, including emails, PDFs, and agency management systems. The platform uses natural language processing, machine learning, and knowledge graphs to turn scattered information into actionable insights and to automate workflows such as submissions intake, quote comparison, policy review, and proposal generation. This helps speed up processing times and uncover revenue opportunities like cross-sell and market analysis. Data stays private and secure: all client data is fully encrypted, and it is not used to train the underlying AI models. The company’s goal is to modernize and streamline commercial insurance operations by providing a single access point for client data while improving efficiency and profitability.
Company Size
51-200
Company Stage
Series B
Total Funding
$56.2M
Headquarters
Walnut Creek, California
Founded
2023
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Simplify's Take
What believers are saying
- September 2026 Series B from SignalFire valued Outmarket around $335 million.
- Over 300 agency customers and 10,000 active users validate rapid broker adoption.
- Certificates, loss runs, and benefits modules expand usage across high-volume daily workflows.
What critics are saying
- Insurance incumbents like Applied Systems can replicate features and squeeze Outmarket by 2027.
- Carrier integrations create dependency on counterparties that control data access, pricing, and distribution.
- OpenAI-native competitors can undercut point solutions, making Outmarket a feature inside broker software.
What makes Outmarket AI unique
- Applied Systems certification gives Outmarket privileged Epic integration and trusted workflow access.
- Outmarket spans commercial, benefits, personal lines, and specialty workflows across one platform.
- Each data point is source-linked, single-tenant, and SOC 2 Type II secured.
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Benefits
Remote Work Options
Company Equity
Growth & Insights and Company News
6 month growth
↓ -3%1 year growth
↓ -3%2 year growth
↓ -3%Outmarket AI raises $34.5M Series B. Outmarket AI raises $34.5M Series B led by SignalFire to expand its AI-powered insurance workflow automation platform for agencies. Updated September 28, 2026 Outmarket AI, based in San Francisco, California, is an AI platform designed for the insurance industry. The company recently announced it has raised $34.5 million in Series B funding, bringing its total funding to $56.5 million. Investors. The funding round was led by SignalFire, an investment firm, with participation from Fika Ventures, Permanent Capital Ventures, TTV Capital, and Dash Fund. Outmarket AI use of funds. Outmarket AI plans to use the new capital to accelerate its product roadmap, expand its team across engineering, insurance operations, and customer success, and extend its platform capabilities to insurance carriers. About Outmarket AI. Founded by Vishal Sankhla and Anshu Jain, Outmarket AI provides an intelligence layer purpose-built for insurance agencies. The company's platform integrates with agency management systems to automate complex workflows across commercial, benefits, personal, and specialty insurance lines to improve operational efficiency and reduce manual data entry. Funding details. Company: Outmarket AI Raised: $34.5M Round: Series B Funding Date: September 25, 2026 Lead Investor: SignalFire Additional Investors: Fika Ventures, Permanent Capital Ventures, TTV Capital, Dash Fund Company Website: https://outmarket.ai/ Software Category: Insurance Technology Updated September 28, 2026
/PRNewswire/ -- Outmarket AI, the leading AI platform purpose-built for insurance, today announced it has raised $34.5 million in Series B funding. The round...
Outmarket, an AI startup automating paperwork for insurance agencies and brokers, has raised $34.5 million in Series B funding led by SignalFire. The round, coming just four months after a $17 million Series A, valued the company at $355 million. Founded in late 2023 by former Ethos executive Vishal Sankhala, Outmarket focuses on commercial insurance, where businesses navigate complex coverage options across more than 250 different types of policies. The AI platform helps brokers quickly evaluate and recommend policies by automating time-consuming administrative tasks. Since launching its product 14 months ago, Outmarket has attracted over 300 insurance agencies as customers, including 25% of the top 100. Fika Ventures, Permanent Capital Ventures, TTV Capital, and Dash Fund participated in the funding round.
Outmarket Raises $34.5 Million Series B, Four Months After Announcing Its Series A
Outmarket AI has launched an Employee Benefits module designed to automate administrative workflows for insurance brokers. The AI-native platform extracts and structures data from carrier documents, census files, and bills. Key features include automated plan comparisons across multiple carriers, cost and contribution analysis for up to 10 carriers, billing reconciliation that flags discrepancies, and census formatting tools. The system also generates broker of record letters and open enrolment guides. The platform allows brokers to export outputs to branded Excel or PDF files, custom templates, or agency management systems. Outmarket maintains accuracy through continuous model evaluation and cross-validation, with extracted data points linking back to source documents for verification. Over 250 brokerages currently use Outmarket's AI platform across commercial, benefits, personal lines, and speciality insurance workflows. The San Francisco-based company aims to reduce manual work and E&O exposure for insurance agencies.