Tech Company Financing Transactions
Pace Funding Round
On 5/28/2026, Pace raised $46 million in Series B funding from Sequoia Capital, Thrive Capital and Emergence Capital Partners.
Transaction Overview
Company Name
Announced On
5/28/2026
Transaction Type
Venture Equity
Amount
$46,000,000
Round
Series B
Investors
Sequoia Capital (Lead Investor)
Thrive Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand operations across the US, Europe and globally.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
Undisclosed
New York, NY Undisclosed
USA
New York, NY Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Pace is the agentic workforce for insurance. Pace's AI agents navigate internal apps, reason across documents and make phone calls to automate tasks traditionally handled by business process outsourcers (BPOs). Pace works with leading insurers to handle mission-critical insurance operations like submission intake, policy servicing, claims handling and data entry.
Management Team
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Where The Data Comes From
We record every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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