Outmarket AI raises $34.5M for insurance workflows

Outmarket AI raised $34.5 million in Series B funding, taking its total raised to $56.5 million, as the company’s financing announcement says its insurance workflow platform has passed 10,000 active users and serves more than 300 agencies. Its new certificates workflow reads contracts, checks policy requirements, and drafts ACORD certificates. Insurance builders should read the round as a vertical-data signal, not a generic chatbot win: test review time, coverage accuracy, and E&O controls against the archive’s human-review benchmark for AI-assisted risk workflows.