Founded in 2023, Indigo offers vertically integrated medical malpractice insurance that pairs deep domain expertise with its proprietary AI platform, Lux. Lux applies advanced machine-learning models to automate traditionally manual underwriting workflows, enabling faster, more precise coverage decisions for physicians and their brokers. In less than two years the company has grown to insure nearly 1,000 providers nationwide and has written over $10 million in premium, with 20 % of submissions already fully underwritten automatically. This technology-led approach both increases underwriting throughput and maintains disciplined risk selection, driving strong broker satisfaction. Indigo’s business model emphasizes reduced administrative overhead and improved pricing accuracy, which it believes will ultimately lower premiums for high-quality medical groups. The company plans to use fresh capital to expand R&D, enhance product capabilities, grow distribution partnerships, and scale operations. Backed by healthcare-focused investors, Indigo aims to redefine medical malpractice insurance through vertical AI and continued automation of complex specialty risk.

Total raised

$50M

Funding rounds

1

Latest round

Series B

Latest activity

Jan 2026