# Elysian Insurance Services

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/elysian-insurance-services

- Industry: Insurance
- Headquarters: Nashville, US
- Website: www.elysian.is/
- Total disclosed funding: $6M
- Latest round: Seed (Jul 8, 2025)
- Investors on record: 3

## About

Elysian Insurance Services, Inc. is a Nashville-based firm specializing in AI-enhanced claims management for commercial insurance, aiming to improve operational efficiency and accuracy for insurance providers across North America.Founded in 2024 and headquartered in Nashville, Tennessee, Elysian Insurance Services, Inc. operates as an AI-native Third Party Administrator (TPA) focusing on commercial insurance claims. In July 2025, Elysian Insurance Services, Inc. raised USD 6 million in seed funding led by new investor Portage Ventures, with participation from other new investors American Family Ventures and TenOneTen Ventures. Elysian operates as an AI-native Third Party Administrator (TPA) specializing in commercial insurance claims. The company provides comprehensive claim management for various exposure types, including general liability, commercial auto, and commercial property. Elysian integrates advanced AI technology with human adjuster expertise to enhance the accuracy and efficiency of its claim handling processes. Core offerings include End-to-End Claim Handling, covering the entire claims process from First Notice of Loss (FNOL) to closure, and Dynamic Claim Review (DCR), which audits up to 100% of a client’s portfolio in real-time to detect performance gaps and leakage. Elysian serves a diverse clientele, including insurance carriers and program managers across North America, delivering tailored solutions to meet specific market needs.Elysian generates revenue through specialized claims management services provided to businesses in the insurance sector, primarily engaging in B2B transactions. The company partners with insurance carriers and program managers, utilizing its AI-enhanced claims services to optimize their operations. The transaction structure includes service fees based on claims handling, potentially featuring performance-based pricing models tied to outcomes achieved through Elysian's interventions. Elysian's proprietary systems, such as the Elysian Claim System (ECS) and Dynamic Claim Review, streamline processes and improve operational efficiencies for clients, contributing to its revenue generation. Elysian plans to leverage its recent seed funding of USD 6.00 mn, raised on July 8, 2025, to accelerate its market entry, onboard new clients, and enhance both delivery operations and its technology platform. The company aims to roll out new product offerings designed to strengthen its service capabilities, with specific timelines yet to be disclosed. Additionally, Elysian is exploring expansion into new geographic markets, with specific targets and timelines to be defined as it utilizes its newly acquired funding to support these growth initiatives.

## Funding rounds

- Seed, Jul 8, 2025, $6M — TenOneTen Ventures, American Family Ventures, Portage Ventures

## Investors

- TenOneTen Ventures (https://capitalatlas.ai/funds/tenoneten-ventures) — Seed
- American Family Ventures (https://capitalatlas.ai/funds/american-family-ventures) — Seed
- Portage Ventures (https://capitalatlas.ai/funds/portage-ventures) — Seed