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AI insurance startup Pace raises $46 million Series B to scale back-office AI agents

Its agents autonomously resolve 90% of policy servicing cases.

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Today, Pace has raised a $46 million Series B, co-led by @ThriveCapital and @Sequoia, with participation from @emergencecap and @pruvencapital, to help our customers insure more of the world’s risk. @pacecom agents have completed more than 250,000 critical insurance operations, growing 3x every quarter. The world’s leading insurers, like Prudential, WTW and Convex, trust Pace to scale back-office operations. 60% of the world's losses last year went uninsured. Closing this $9 trillion protection gap starts with AI-native operations.

6:46 AM · May 27, 2026 View on X