Outmarket AI, an intelligence platform transforming commercial 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 accelerate strategic partnerships with top brokers and carriers.
Bringing AI-Driven Efficiency to Commercial Insurance
Insurance is the backbone of business, yet outdated workflows and manual processes cost brokers and carriers billions in lost productivity every year. 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%, commercial insurance still heavily relies on PDFs, emails, and data entry, leading to inefficiencies and missed revenue opportunities. Outmarket AI is here to change that.
“Brokers and carriers know they need to unlock the power of their data to stay competitive, but legacy systems slow them down,” said Vishal Sankhla, Co-Founder and CEO of Outmarket AI. “Outmarket is the missing intelligence layer that modernizes commercial insurance instantly. With AI-powered insights and automation, we help insurance professionals work smarter, win more deals, and grow revenue—fast.”
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 new revenue opportunities, Outmarket streamlines operations and helps brokers and carriers optimize their strategies.
The Outmarket Blueprint: A New Era of Intelligent Insurance
Unlike previous insurtech solutions that focused on mere digitization, Outmarket AI pioneers agentic automation, where AI acts as a true partner to brokers by handling complex tasks instantly.
Key Features of Outmarket AI:
- AI-Driven Risk Analysis: Understands risk and appetite across thousands of carriers in real time.Automated Submissions: Pulls in necessary data from emails, agency management systems, and PDFs.Growth & Cross-Sell Insights: Continuously analyzes business books to surface opportunities.End-to-End Workflow Automation: Moves beyond isolated tasks to streamline full processes.
“The insurance professionals of tomorrow won’t be buried in spreadsheets and PDFs,” said Anshu Jain, Co-Founder and CTO of Outmarket AI. “Instead, they’ll be empowered by AI agents that anticipate their needs, automate workflows, and unlock hidden revenue opportunities.”
Built by Industry Leaders, Backed by Visionary Investors
Outmarket AI was founded by AI and insurtech veterans with deep expertise in commercial 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 companies.
“The Outmarket team combines deep AI expertise with firsthand industry knowledge,” said TX Zhuo, Managing Partner at Fika Ventures. “They’re not just building another insurance tool—they’re creating the intelligence layer that will power commercial insurance for the next decade and beyond.”
Real-World Impact: Transforming Insurance Workflows
Outmarket AI is already making waves among early adopters, including top 100 commercial brokers, MGAs, and wholesalers. Customers have reported slashing quote comparison and policy review times by up to 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 identify cross-selling potential, optimize carrier placements, and maximize profitability at speeds never seen before.
Looking Ahead: The Future of AI in Insurance
Outmarket AI is not here to make small improvements—it is here to fundamentally redefine how insurance operates. By shifting from static, manual processes to AI-driven decision-making, Outmarket AI is paving the way for the next generation of intelligent insurance solutions.
“Brokers and agents are the backbone of the insurance industry. AI isn’t here to replace them—it’s here to supercharge their efficiency and success,” said Jain. “Our vision is to empower every insurance professional with real-time intelligence at their fingertips. And we’re just getting started.”
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