# Qumis

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

- Industry: Software
- Headquarters: Chicago, US
- Website: www.qumis.ai/
- Total disclosed funding: $6.8M
- Latest round: Seed (Feb 20, 2026)
- Investors on record: 6

## About

Based in Illinois, US, and founded in 2022, Qumis Inc. operates as a provider of artificial intelligence-based solutions for insurance and legal. In February 2026, Qumis Inc. raised USD 4.3 million in seed funding led by MTech Capital, with participation from American Family Ventures.

Qumis Inc. has created an advanced legal and insurance application that uses artificial intelligence to alter knowledge work in the insurance industry. The company's technology provides AI-powered insurance claim document research, insights, and analysis. It also allows clients to compare policies to a private database of public court records, allowing them to save money and reduce their reliance on panel counsel.

The company plan to use the February 2026 funding to expand its go-to-market efforts and further develop its attorney-trained artificial intelligence platform.

## Funding rounds

- Seed, Feb 20, 2026, $4.3M — American Family Ventures, MTech Capital
- Seed, Dec 20, 2024, $2.5M — Armory Square Ventures, Alumni Ventures Group, Grand Ventures, MTech Capital, BrokerTech Ventures

## Investors

- Armory Square Ventures (https://capitalatlas.ai/funds/armory-square-ventures) — Seed
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Seed
- Grand Ventures — Seed
- MTech Capital (https://capitalatlas.ai/funds/mtech-capital) — Seed
- BrokerTech Ventures (https://capitalatlas.ai/funds/brokertech-ventures) — Seed
- American Family Ventures (https://capitalatlas.ai/funds/american-family-ventures) — Seed