Comulate builds software that helps insurance companies manage billing and revenue operations. Its core product automates billing workflows, reduces manual processes, and applies machine learning and AI tooling for analytics and speed. The startup says it has saved customers roughly 260,000 hours of work. Customers named in the article include brokers such as the Baldwin Group, IMA Financial, Risk Strategies, and The Hilb Group. In 2024 the company tripled revenues and said those revenues are in the tens of millions, and inbound demand from large firms led it to skip a Series A and go straight to a Series B. Comulate plans to use new funding to expand its tech stack to cover more functions and to scale operations.

Total raised

$20M

Funding rounds

1

Latest round

Series B

Latest activity

Feb 2025