StitchStudio raises $8 million
StitchStudio, a startup helping insurance companies deploy AI agents, announced an $8 million financing round led by Voyager Capital, with participation from Lookout Ventures and Grit Capital Partners, continued investment from ManchesterStory and BrokerTech Fund, and investment from insurance veterans.
Founded in 2024, StitchStudio builds AI agents on an insurance-specific model of products, rules and documents, then configures them to each organization’s procedures and data. The agents work inside existing systems through APIs and file exchange, so customers keep their core systems, and every agent action is explainable and auditable.
M3 Insurance, Heffernan Insurance Brokers, Fidelity Life, InstaBrain, Frank Winston Crum Insurance, and others run quote comparison, producer onboarding, eligibility, billing reconciliation, and benefits quoting on StitchStudio’s AI platform.
StitchStudio will use the funding to expand its product suite in employee benefits, life and annuity, and commercial P&C; grow its customer success team; and scale self-service tools for customers and partners.
“Every carrier we talk to has a drawer full of AI pilots. Getting a workflow into production takes unglamorous work. It must fit the systems and rules the company already runs, and someone in compliance must be able to sign off on it. Our customers got their first workflows live and came back to expand across the enterprise. This round helps us get them there faster.” – Karan Mishra, CEO, StitchStudio.
“We look for markets at an inflection point and founders who are uniquely suited to them. StitchStudio has both. Insurance is at the moment where AI is finally moving into core operations. By targeting the high-volume, manual workflows that slow carriers and brokers down, StitchStudio delivers measurable ROI in weeks, not years. Its founders have spent their careers inside these operations, and every customer we spoke with was already lining up their next workflow.” – Austin Guyette, partner at Voyager Capital.
