Outmarket AI Raises $17M in Series A Funding

The company plans to use the funding to support its next stage of growth and continue expanding product development.

Outmarket’s platform connects directly with agency management systems and turns fragmented brokerage data into a unified intelligence layer that supports daily workflows. The platform automates tasks such as policy checking and loss run analysis while developing technology that will shape how brokerages operate in the future.

Since launching in March 2025, Outmarket has seen rapid adoption in the insurance industry. Annual recurring revenue has grown 5x year over year, and more than 250 leading insurance brokerages now use the platform daily. Outmarket processes millions of quotes, policies, applications and loss run documents, helping customers save significant amounts of manual work each month.

The platform also improves accuracy and business performance. Customers have reported up to a 65% reduction in errors and omissions through AI-powered policy comparison and gap detection. Brokerages are also achieving higher win rates and more cross-sell opportunities as Outmarket’s intelligent workflows uncover insights that were previously difficult to identify.

Outmarket combines technical experience from companies such as Uber, IBM, Ethos, and Meta with real insurance industry expertise. This mix has helped drive the platform’s rapid growth. Today, Outmarket provides AI-powered workflows for Commercial Lines, Benefits, and Personal Lines, with integrations for major agency management systems including Applied Epic, AMS360, HawkSoft, and Nexsure. The platform is also built to meet enterprise-level security standards, including SOC 2 Type 2, ISO 27001, and HIPAA compliance.

In December 2025, the company launched its Proposal Builder, a tool that reduces a process that once took hours into one that can be completed in minutes. Looking ahead Outmarket plans to significantly expand its workflow capabilities in 2026, with a roadmap to more than double the features available to customers.

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"Outmarket has cracked the code on applying AI to one of the most complex sectors in financial services," said Jason Duboe, Co Founder, and Managing Partner at Permanent Capital Ventures. "Their obsession with deeply integrated workflows has created a platform that brokers don't just adopt, they depend on. The speed at which Outmarket has built a loyal customer base is a testament to the product and the team behind it. We're proud to lead this round and help scale their vision."

"Insurance is a $6 trillion industry that still runs on manual processes, institutional knowledge, and disconnected tools. We're not building another point solution. We're building the platform that brings it all together," said Vishal Sankhla, CEO and Co-founder of Outmarket AI. "What we've shipped so far is just the beginning. The workflows we're developing next will fundamentally change what's possible for a brokerage. We chose Permanent Capital Ventures to lead this round because they are operators who understand what it takes to build a category-defining company, and that's exactly what we intend to do."

"Outmarket is the best tool we've ever deployed in our agency," said Scott Robinson, CFO of Houchens Insurance Group. "The engagement across our team has been remarkable. Outmarket enables us to deliver a better product to our clients faster. It's changed how we work."

"We built Outmarket from the ground up to understand the language, logic, and relationships that define insurance," said Anshu Jain, CTO, and Co-founder of Outmarket AI. "Our platform connects directly to the systems brokerages already run on, unifying structured and unstructured data into a single intelligence layer. Brokers can ask questions across their entire book of business, search carrier appetites in minutes instead of days, and run workflows grounded in their actual data. That's what makes Outmarket fundamentally different and we are just getting started."

About Outmarket AI

Founded in 2023 by Vishal Sankhla and Anshu Jain, Outmarket is an AI platform built for the insurance industry. The company provides intelligent workflows for commercial, benefits, personal lines, and specialty insurance, helping brokerages turn hours of manual work into minutes. More than 250 leading brokerages use Outmarket to reduce errors and omissions risk, speed up client service and create new revenue opportunities.

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