Insuranse AI firm ManageMy raises $45m in funding round
ManageMy said the funding will accelerate its AI-driven insurance platform and expansion.
ManageMy, an AI start-up in the insurance space, announced it has raised $45 million to accelerate development of its intelligence orchestration platform and expand commercial activity.
The company, in the announcement, said that $20 million of the total was secured in a recent Series B round co‑led by Ventura Capital and OCVC, with backing from BNF and a consortium of strategic insurance and InsurTech partners. It added that ManageMy was founded by Sean O’Connor, Co‑Founder of the FinTech unicorn Zilch, through his investment operator vehicle OCVC.com, alongside a team led by Co‑Founder and CEO Stephen Collins.
"This funding marks a major milestone for ManageMy and validates our vision of a more intelligent, integrated, and adaptable insurance operating model," Collins said.
ManageMy describes itself as providing a modular, composable platform that covers customer engagement, automated underwriting, and intelligent claims decisioning. It says it supports enterprise digital journeys across life, health, and P&C lines for over 45 major carriers and broker groups in North America.
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The start-up said the funding will be used to strengthen its North American presence and build on traction in Asia Pacific and Europe; invest in AI, including agentic workflows, explainable decisioning, and data‑driven underwriting automation; expand product capabilities and industry modules; scale go‑to‑market efforts; and grow engineering, implementation, and customer success teams.
Over the past 24 months since its Series A, also led by Ventura and OCVC, ManageMy said it has gained commercial momentum and that its solutions are increasingly adopted as a front‑end and decision layer alternative to traditional portals.
The Recap
- ManageMy raised $45 million to expand its platform globally.
- Series B secured $20 million led by Ventura and OCVC.
- Plans include North American expansion and AI product investment.
