Korr builds a cloud-native core operating system for insurance carriers, focused on reducing switching costs and enabling migration of historical data to the cloud. The company was founded in 2021 by Gregory Ritchie, who serves as CEO. Korr is currently undertaking a large transformation initiative, including a system replacement for a TPA in the U.S. insurance market using its proprietary technology. The startup intends to use the seed funds to expand operations and accelerate development efforts. Korr positions itself as a vendor for carriers and TPAs undergoing legacy-to-cloud transitions. The company is headquartered in New York City.

Total raised

$3M

Funding rounds

1

Latest round

Seed

Latest activity

Jan 2024