Tech Company Financing Transactions
Pace Funding Round
On 1/27/2026, Pace announced $10 million in Series A financing from Sequoia Capital and private investors.
Transaction Overview
Company Name
Announced On
1/27/2026
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors
Sequoia Capital (Lead Investor) (Bryan Schreier)
Proceeds Purpose
The investment will accelerate Pace's mission to modernize the $70 billion insurance business process outsourcing (BPO) market by replacing legacy manual workflows with autonomous AI agents.
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jamie Cuffe
Browse more venture capital transactions:
Prev: 1/27/2026: Gridline venture capital transaction
Next: 1/27/2026: Navidence venture capital transaction
Share this article
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.
Additional Resources for Entrepreneurs