Counterpart Raises $50M Series C

Counterpart, a US-based specialty InsurTech firm, has secured $50m in a Series C funding round. The company pioneers Agentic Insurance for the AI era, building an AI-driven underwriting and risk platform that offers improved management and professional liability solutions. This latest investment brings Counterpart's cumulative total funding to $106m.

Investors

Valor Equity Partners led the investment. Vy Capital, an existing shareholder, also participated in the round.

Counterpart Use of Funds

Counterpart plans to deploy the capital across four strategic areas. These include introducing new specialty insurance products, developing industry-specific programmes, enhancing claims and risk management services, and capitalising Counterpart Insurance Company. Capitalising the insurance company will enable it to retain risk and more closely align incentives with its partners across the value chain.

About Counterpart

Counterpart has dedicated over five years to building the underwriting expertise, proprietary data, and technology infrastructure necessary to price and manage risks with a precision not offered by the traditional insurance market. The company offers its Agentic Insurance, which integrates deep insurance expertise with modern AI. Through this offering, clients can access enhanced management and professional liability solutions for underwriting, risk management, and claims resolution. To date, Counterpart has processed over 250,000 applications and written more than 35,000 policies through a network of 2,800 brokers and four A-rated carriers.

Funding Details

Company: Counterpart
Raised: $50M
Round: Series C
Funding Date: April 2026
Lead Investor: Valor Equity Partners
Additional Investors: Vy Capital
Software Category: InsurTech, AI, Underwriting Platform
Company Website: https://yourcounterpart.com
Source: https://fintech.global/2026/05/05/global-insurtech-funding-extends-decline-as-investment-falls-50-in-april/