Indemn AI - About the company
Indemn AI is a seed company based in New York City (United States), founded in 2021 by Patrick Daly and Kyle Geoghan. It operates as a Developer of insurance-native AI platform for automating policy sales and service. Indemn AI has raised $1.9M in funding from Markd. The company has 310 active competitors, including 49 funded and 53 that have exited. Its top competitors include companies like Guidewire, Bestow and Insurity.
Company Details
Developer of insurance-native AI platform for automating policy sales and service. This platform deploys AI agents to automate complex workflows, including customer acquisition, policy issuance, and routine service requests. It facilitates omnichannel distribution, enabling conversational interactions across various channels like web, SMS, and voice. The architecture is designed specifically for insurance operations, incorporating compliance frameworks and human-in-the-loop design for oversight and escalation. The goal is to enhance revenue capacity, operational efficiency, customer retention, and strategic control for insurance carriers, agencies, and distribution organizations.
Key Metrics
Founded Year
2021
Location
New York City, United States
Stage
Seed
Total Funding
$1.9M in 1 round
Latest Funding Round
Ranked
51st among 310 active competitors
Employee Count
12 as on Sep 30, 2026
Legal entities associated with Indemn AI
Indemn AI is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
INDEMN, INC. CIN: 6025396 , United States, Active | Jun 01, 2021 | - | - | - |
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Indemn AI's funding and investors
Indemn AI has raised a total funding of $1.9M over 1 round. Its latest funding round was a Seed round on Jan 31, 2024 for $*****. 3 investors participated in its latest round. Indemn AI has 4 institutional investors.
Here is the list of recent funding rounds of Indemn AI:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 31, 2024 | 4021553 | Seed | 2259784 | 4231327 | 1864348 | 5583294 |
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Indemn AI's founders and board of directors
Founder? Claim ProfileHere are the details of Indemn AI's key team members:
- Patrick Daly: Co-Founder, CTO of Indemn AI.
- Kyle Geoghan: Co-Founder & CEO of Indemn AI. Contact Info: 1 email address
View details of Indemn AI's Founder profiles and Board Members
Indemn AI's employee count trend
Indemn AI has 12 employees as of Sep 26. Here is Indemn AI's employee count trend over the years:
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Indemn AI's Competitors and alternates
Top competitors of Indemn AI include Guidewire, Bestow and Insurity. Here is the list of Top 10 competitors of Indemn AI, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Guidewire 2001, San Mateo (United States), Public | Developer of software platforms for property and casualty insurance operations | - | 78/100 | |
2nd | Bestow 2016, Dallas (United States), Series D | Developer of life insurance new business and administration software platform solutions | $216M | 70/100 | |
3rd | Insurity 1985, Hartford (United States), Acquired | AI and cloud-based policy management and claims administration solutions | $57M | 69/100 | |
4th | FurtherAI 2023, San Francisco (United States), Series A | AI-powered automation platform for insurance industry tasks | $35.6M | 69/100 | |
5th | Bold Penguin 2016, Columbus (United States), Acquired | Software suite for the commercial insurance industry | $50.1M | 69/100 | |
6th | Duck Creek 2000, Boston (United States), Acquired | Provider of cloud-based solutions for property and casualty and general insurance | $350M | 67/100 | |
7th | iPipeline 1995, Exton (United States), Acquired | Cloud-based software suite for life insurance and financial services industry | $104M | 66/100 | |
8th | Applied 1983, University Park (United States), Acquired | Provider of a cloud-based software suite for P&C insurers, MGA and agents | - | 66/100 | |
9th | Provider of a platform for AI decision-making in banking and insurance | $97.5M | 65/100 | ||
10th |  Socotra 2014, San Francisco (United States), Series C | Cloud-based policy management and underwriting solutions for the insurance industry | $98M | 65/100 | |
51st |  Indemn AI 2021, New York City (United States), Seed | Developer of insurance-native AI platform for automating policy sales and service | $1.9M | 48/100 |
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Indemn AI's Investments and acquisitions
Indemn AI has made no investments or acquisitions yet.
Reports related to Indemn AI
Here is the latest report on Indemn AI's sector:
News related to Indemn AI
Media has covered Indemn AI for 1 event in last 1 year.
•
Jewelers Mutual® Group Acquires EventGuardPR Newswire•Jan 09, 2026•Indemn AI, Jewelers Mutual, EventGuard
•
Millennial Shift Technologies Strengthens Platform with Indemn AIPR Newswire•Apr 23, 2025•Mshift Tech, Indemn AI
•
Millennial Shift Technologies Strengthens Platform with Indemn AI, Driving Insurance AIGlobal Fintech Series•Apr 23, 2025•Mshift Tech, Indemn AI
•
Indemn Launches First AI Agent Copilot for Insurance Sales and ServiceGlobal Fintech Series•Jun 07, 2024•Indemn AI
•
AI-Driven Insurance Platform Indemn Raises $1.9 MillionInsurance Journal•Feb 01, 2024•Indemn AI, Markd, AfterWork Ventures, Everywhere
•
Indemn Implements Joshu Platform for Policy Management and DistributionIireporter•Jul 15, 2023•Indemn AI, Joshu
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