Pace Raises $46M Series B

Pace, an AI operations partner for insurers based in the United States, has raised $46 million in Series B funding to expand its agentic workforce across insurance operations. The company aims to grow its international presence and scale its AI platform globally.

Investors

This round was co-led by Thrive Capital and Sequoia Capital, with participation from Emergence Capital and Pruven Capital.

Pace Use of Funds

The company plans to use the new capital to scale AI agent capabilities across the U.S., Europe, and additional international markets to target tens of millions of operations tasks annually.

About Pace

Founded in 2025, Pace was founded by Jamie Cuffe. The company provides an AI-native operations platform that builds autonomous agents to handle complex insurance tasks, including submission intake, policy servicing, claims handling, and renewals.

Funding Details

Company: Pace
Raised: $46M
Round: Series B
Funding Date: June 5, 2026
Lead Investor: Thrive Capital, Sequoia Capital
Additional Investors: Emergence Capital, Pruven Capital
Software Category: Insurtech
Company Website: https://withpace.com
Source: https://fundraiseinsider.com/blog/pace-raises-46m-series-b-for-ai-insurance-operations/