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StitchStudio Raises $8M to Take Insurance AI From Production to Scale

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StitchStudio Raises $8M to Take Insurance AI From Production to Scale

StitchStudio, the AI platform built to operationalize insurance work, announced an $8 million financing round led by Voyager Capital, with participation from Lookout Ventures and Grit Capital Partners, continued investment from ManchesterStory and BrokerTech Fund, and investment from insurance veterans.

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We look for markets at an inflection point and founders who are uniquely suited to them. StitchStudio has both.”

StitchStudio’s AI agents run in the daily operations of carriers and brokers, driving measurable results at scale. The round comes as insurers move AI from pilots to production. Insurance operations run on systems of different vintages, product and state rules that change constantly, and procedures that differ from one organization to the next. That fingerprint makes rigid automation and generic AI tools hard to deploy, and it leaves teams re-keying the same data across disconnected systems.

Today, M3 Insurance, Heffernan Insurance Brokers, Fidelity Life, InstaBrain, Frank Winston Crum Insurance, and other industry leaders run quote comparison, producer onboarding, eligibility, billing reconciliation, and benefits quoting on StitchStudio’s purpose-built insurance AI platform.

StitchStudio customers are already seeing results, including producer contracting cut from more than 23 days to same day, proposal turnaround cut from 90 minutes to 15 with more than 5,000 hours saved, and over 75% of RFP processing automated.

“Every carrier we talk to has a drawer full of AI pilots. Getting a workflow into production takes unglamorous work. It must fit the systems and rules the company already runs, and someone in compliance must be able to sign off on it,” said Karan Mishra, CEO, StitchStudio.


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