# Kay.ai

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kay-ai

- Industry: Software
- Headquarters: Brooklyn, US
- Website: www.kay.ai/
- Total disclosed funding: $3M
- Latest round: Seed (Mar 28, 2025)
- Investors on record: 2

## About

Kay.ai is a technology company that provides an AI-driven workforce tailored for the insurance sector, aiming to enhance operational efficiency and streamline repetitive tasks in the industry.Founded in 2024, Kay.ai operates out of Brooklyn, US, focusing on transforming insurance operations through automation. The company has engaged in one notable deal as of March 28, 2025, which raised USD 3 million in funding led by Wing, alongside participation from investors like South Park Commons. The founder has a history of starting innovative tech companies, although specific details about previous ventures are not provided.Kay specializes in providing an AI-driven workforce specifically designed for the insurance sector, focusing on enhancing operational efficiency and minimizing repetitive tasks in submissions, renewals, and servicing. The core offerings include automating data entry across various processes, integrating seamlessly with existing agency management systems (AMS) and customer relationship management (CRM) platforms. The technology is designed to navigate a multitude of carriers and handle complex scenarios, thereby reducing the time spent on quoting and policy servicing by more than an hour per transaction. Its primary customer base consists of insurance agencies and brokerages, including independent insurance agents and networks, predominantly located in the United States. This product is intended to unlock significant operational efficiencies, enabling users to focus on strategic activities rather than mundane tasks.Kay's revenue model is primarily structured around subscription-based services tailored for its B2B clients in the insurance industry. Clients engage with Kay’s offerings through partnerships that facilitate the integration of AI technology into their existing workflows. The business transactions typically involve a recurring fee for access to the AI workforce, which automates tasks such as quoting, policy management, and document processing. While specific pricing plans for individual services are not disclosed, customers can expect to pay for a package that includes comprehensive features such as automation of the entire renewal book and seamless AMS integration. The company has successfully raised USD 3 million in funding, indicating strong investor confidence in its business model and growth potential.In March 2025, Kay.ai raised USD 3 million in venture funding led by Wing, with participation from other investors including South Park Commons. This funding will be utilized to expand its automation capabilities beyond quoting, targeting a broader range of servicing workflows for insurance brokers, MGAs, and carriers. The company is also exploring additional market opportunities to enhance its product offerings and is focused on launching new products designed to further streamline operations in the insurance sector.

## Funding rounds

- Seed, Mar 28, 2025, $3M — Wing, South Park Commons

## Investors

- Wing (https://capitalatlas.ai/funds/wing) — Seed
- South Park Commons (https://capitalatlas.ai/funds/south-park-commons) — Seed