I always love finding new startups in the Portland area. I usually love finding them before anyone is making much noise about them. But finding them because they just raised some capital is fine too. That’s what happened with Stitch, which just raised a $3 million Seed round.
What sort of solution garners that sort of investment in an incredibly challenging fundraising environment…? I’m glad you asked.
Stitch empowers insurance organizations to build and operationalize an effective AI strategy that creates the organization-wide AI literacy and competency to successfully transform operations and create significant industry-leading advantages in this new era of innovation.
As part of implementing our solution, we work with you and your teams to ensure a fundamental understanding of AI while learning to connect workflows and customize their own embedded AI agents.
“This funding validates that the insurance industry is ready to move from AI experimentation to meaningful production deployments,” said Santoash Rajaram, second-time InsurTech entrepreneur and founder of Stitch. “With Stitch, we’re giving insurers access to insurance-specific AI agents out of the box coupled with full control to build, deploy, and govern agents tailored to their operations without compromising compliance, explainability, or control.”
For more information on the company, visit Stitch.