Pace raises $10 million

Pace, a NY-based AI company for insurance, announced $10 million in funding led by Sequoia Capital.

Founded in 2024 and launched in 2025, Pace offers AI agents that can navigate internal apps, reason across documents and make phone calls to automate tasks traditionally handled by business process outsourcers. Last month, the startup announced a partnership with Prudential, which is using the solution to streamline policy service and perform other quality assurance tasks within its Individual Life Insurance business.

Pace says that beyond Prudential, it also works with The Mutual Group, Newfront, and others.