Outmarket in California AI Raises $34.5M Series B

San Francisco-based Outmarket AI announced it has raised $34.5 million in Series B funding.

The round was led by SignalFire, with participation from Fika Ventures, Permanent Capital Ventures, TTV Capital and Dash Fund. The funding comes months after the company announced a $17 million Series A. The latest round brings Outmarket’s total funding to $56.5 million.

Outmarket says its recently surpassed 10,000 active users, including more than 300 agency customers.

Outmarket’s platform connects directly to agency management systems automating processes across commercial, benefits, personal lines and specialty insurance.

Outmarket is an AI platform for insurance brokerages and agencies.