Counterpart, an insurtech specialist and Agentic Insurance™ pioneer designed for the AI era, has closed a $50 million Series C funding round, bringing total funding to $106 million.
The round was led by Valor Equity Partners, with continued participation from existing investor Vy Capital.
The new capital will be directed toward four strategic priorities: launching new specialty insurance products, building industry-specific programs, expanding claims and risk management capabilities, and leveraging counterpart insurers to retain risk and better align incentives with partners across the value chain.
InsurTech offers Agentic Insurance, which combines deep insurance expertise with the latest AI. This will give customers access to improved management and professional liability solutions for underwriting, risk management and claims resolution.
Counterpart has spent more than five years building the data infrastructure, underwriting capabilities, and technology to price and manage exposures with precision that cannot be replicated in traditional insurance markets. The company has processed more than 250,000 applications and written more than 35,000 policies through its 2,800 broker network and four A-rated carriers, achieving industry-leading loss ratios and helping resolve claims more than twice as quickly with results more than 10% better than industry benchmarks. The business reported that premiums will increase by nearly 175% in 2025.
“We are witnessing generations of small business owners walking unprotected into the most litigious environment in American history,” said Tanner Hackett, CEO and founder of Counterpart.
“AI-related lawsuits have already been filed targeting employment, content creation, and customer service practices. Companies cannot afford to stand still as AI advances, but each step forward introduces new and often unseen risks. We built Counterpart because traditional insurance markets are not equipped to solve these types of challenges on their own, and the costs of inaction are increasing for all stakeholders.”
Jon, Partner at Valor Equity Partners “We look for companies in this category, and Counterpart is doing just that,” said Shulkin. “We have seen that each policy our counterpart writes and each claim it handles informs that model and improves the experience for the next customer.”
Read daily FinTech news
Copyright © 2026 Fintech Global
investor
The following investors are tagged in this article:
