Tech Company Financing Transactions
Qumis Funding Round
Qumis, based in Chicago, secured $4.3 million in investment from MTech Capital, American Family Ventures and private investors.
Transaction Overview
Company Name
Announced On
2/19/2026
Transaction Type
Venture Equity
Amount
$4,300,000
Round
Seed
Investors
MTech Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand its go-to-market team and product capabilities as demand grows from large brokers, carriers, and coverage-focused law firms.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Undisclosed
Chicago, IL Undisclosed
USA
Chicago, IL Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
We elevate coverage knowledge to help insurance experts make better, faster decisions. Qumis harnesses the power of AI to empower insurance professionals to do what they do best: their job.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Dan Schuleman
Chief Technical Officer
Shiv Sinha
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Where The Data Comes From
Our team works diligently to record every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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