StitchStudio raises $8M to expand AI automation for insurance workflows
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What happened
StitchStudio announced on November 11, 2026, that it raised $8 million in a funding round led by Voyager Capital. The company plans to use the funds to expand its AI-powered tools for insurance carriers and brokers, focusing on automating administrative tasks and improving customer support. The AI agents are designed to work with existing insurance systems to handle processes such as quote comparisons and billing checks. Several insurance companies are already using StitchStudio’s platform for various workflow automations.
Key details
- $8 million raised in the latest funding round
- Voyager Capital led the investment, with participation from Lookout Ventures, Grit Capital Partners, ManchesterStory, and BrokerTech Fund
- AI agents automate tasks in employee benefits, life, annuity, and commercial insurance
- Reported reduction in proposal turnaround time from 90 to 15 minutes and over 5,000 hours saved
- Heffernan Insurance Brokers and InstaBrain are among the current users of the platform
Why it matters
Insurance carriers and brokers using StitchStudio’s platform can reduce manual work and speed up processes, which can lower operational costs and improve service delivery. The funding enables StitchStudio to extend these automation capabilities to more insurance products and teams, potentially allowing more organizations to integrate AI without replacing their existing systems. This could help insurance firms handle complex workflows more efficiently while maintaining compliance and oversight.