Tech Company Financing Transactions

Cara Funding Round

Cara, operating out of New York, secured $8 million in funding from private investors.

Transaction Overview

Company Name

Cara

Announced On

3/31/2026

Transaction Type

Venture Equity

Amount

$8,000,000

Round

Seed

Investors

private investors (Claire Johnson)

private investors (Colin Evans)

private investors (Kevin Mahaffey)

private investors (Sam Hodges)

Proceeds Purpose

The company intends to use the funds to further enhance its insurance-specific AI research and product development, improve integrations with agency management and CRM systems and team growth.

Company Information

Company Status

Private & Independent

Industry

InsureTech

Mailing Address

276 Fifth Ave, PMB 146 704
New York, NY 10001
USA

Phone

Undisclosed

Website

www.getcara.ai

Email Address

[email protected]

Overview

Our Mission: Cara was founded by a team of insurance agents and AI engineers, combining real industry experience with cutting-edge technology -- built by insurance agents for insurance agents. We believe the future of insurance is shaped by the blend of strong human relationships and modern innovation. We partner with leading insurance agencies and brokerages to move the industry forward with domain-specific AI.

Profile

Social Media

Company News

Facebook

YouTube

Management Team

Title

Name

Email & Social

Founder

Nikhil Kansal

Founder

Jonathan Patel

Founder

Vic Yeh

Browse more venture capital transactions:

Prev: 3/31/2026: Saronic Technologies venture capital transaction
Next: 3/31/2026: Jimini Health venture capital transaction

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