Latest round

Series B

Last raised

May 2026

Total raised

$51M

Investors

5

About Pace

Pace was founded in 2024 in New York, US, focusing on AI solutions for the insurance industry.Pace specializes in providing AI-driven operational solutions tailored for the insurance sector. Their core offering integrates seamlessly with existing back-office systems, enabling businesses to automate the collection, processing, and management of vast amounts of data efficiently. Key functionalities include the ability to read emails and documents at high speeds, apply specific business rules, and take necessary actions through web interfaces or APIs. By streamlining complex tasks related to policy servicing, endorsements, audits, and claims management, Pace enhances productivity and accelerates business processes.Pace generates revenue through a performance-based pricing model, allowing clients to pay only for the results delivered by its AI solutions. Transactions typically occur through partnerships with insurance companies, where clients subscribe to Pace's services for operational support. The engagement structure is designed to be flexible, enabling businesses to scale their usage without incurring unnecessary overhead costs. While specific pricing plans are not disclosed, the company's flagship product leverages advanced AI capabilities to provide significant operational improvements, thereby enhancing the overall client experience in their insurance processes.

Who invested in Pace

5 investors across 2 rounds

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Funding rounds

  1. Series B

    May 27, 2026

    Amount

    $41M

    Investors

    Locked

  2. Series A

    Jan 27, 2026

    Amount

    $10M

    Investors

    Locked

Questions about Pace

Who invested in Pace?

Pace has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Pace raised?

Pace has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Pace last raise money?

Pace's most recent round on record is a Series B, in May 2026.

What does Pace do?

Pace was founded in 2024 in New York, US, focusing on AI solutions for the insurance industry.

Where is Pace headquartered?

Pace is headquartered in New York, US.

Which VCs invest in companies like Pace?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Pace's stage. Their profiles are linked below.

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