Agentech Secures $3 Million to Revolutionize Insurance Claims with AI-Driven Workforce
Former WeGoLook and TokenEx founders launch Agentic AI platform to support insurance adjudication process
Agentech, the global AI support workforce for insurance claims, is excited to announce the successful completion of its $3 million seed round in just 30 days, allowing the company to quickly move into P&C, Workers’ Comp, and Travel claims workflows. 
Co-founded by insurtech and fintech veterans Robin Roberson and Alex Pezold, who previously exited tech ventures totaling $182 million, Agentech leverages cutting-edge, multimodal Large Language Model (LLM) capabilities to tackle the labor intensive, subjective, and outdated claims process. The company’s AI-driven ensemble of agents automates the mundane and repetitive tasks typically handled by desk adjusters, allowing carriers to experience a 4x increase in output without incurring additional labor costs (and making the claim handler happier, too!).
With over 100 expertly trained digital Agentic agents supporting a single claim file, desk adjusters receive salient information at key decision points, enabling them to focus on higher-value tasks.
“This successful seed round demonstrates strong investor confidence in our leadership and Agentech’s ability to fundamentally transform the insurance claims process,” said Alex Pezold, Co-Founder and CEO of Agentech. “Our AI solutions are already delivering
measurable results, with design partners seeing an impressive improvement in productivity, cost efficiency, and customer satisfaction.”
Boosting Claim Output and Accuracy with AI-Driven Agentic Solutions Agentech’s AI support workforce integrates seamlessly into insurers’s existing claims management systems, resulting in little to no change management.
By automating routine time-consuming tasks such as document review, compliance checks, and data extraction across multiple platforms and from multiple parties, Agentech reduces claim cycle times, increases accuracy, and allows desk adjusters to focus on high-value decision-making and customer service.
Key benefits of the Agentech platform include:
3-4x increase in claims throughput without added labor
Up to 50% reduction in manual, repetitive tasks
Improved accuracy and compliance
Faster claims processing and enhanced customer satisfaction
Growth and Expansion
With the seed funding secured, Agentech is poised to expand its capabilities within the insurance claims workflow, targeting adjacent processes such as FNOL, reserving, file review, and more. The company plans to build on its initial success, bringing transformative AI-driven solutions to other areas of insurance and claims handling.
“The speed at which we secured funding speaks volumes about the market’s recognition of the problem Agentech is solving,” said Robin Roberson, Co-Founder and President of Agentech. “Our AI agents are doing more than automating processes—they are
empowering claim handlers to work smarter, faster, and more accurately.”
Agentech was founded eleven months ago, focused on providing Agentic Agents within the pet insurance claims process. Attendees at Naphia Engage 2024 this week can meet with Agentech team members to learn more about how AI is reshaping claims processing and to see a live demo of the company’ solutions in action.
About Agentech
Agentech is an AI-driven platform providing a digital support workforce for insurance claims adjusters. Through its advanced AI agentic capabilities, Agentech automates mundane workflows, enabling faster and more accurate claims processing to support the desk adjuster. Co-founded by Robin Roberson and Alex Pezold, Agentech is leading the charge in transforming the claims process for insurers worldwide. For more information, visit www.agentech.com