When was Pace founded?

Pace was founded in 2024 and raised its 1st funding round 2 years after it was founded.

Where is Pace located?

Pace is headquartered in New York City, United States.

Is Pace a funded company?

Pace is a funded company, having raised a total of $56M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jan 28, 2026.

When was the latest funding round of Pace?

Pace's latest funding was a $***** Series B round on May 27, 2026, with participation from 4 investors. Its primary sector is Insurance IT. In United States, the Insurance IT sector has seen $1.09B in funding in 2026 to date.

Where does Pace rank among its competitors?

Pace ranks 2nd amongst 33 active competitors, of which 7 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Pace, which secured $46M in May, 2026.

Who are the top competitors of Pace?

Pace's top competitors include Simple, CambioML and Attributum. Among them, Pace secured the most recent funding round in May, 2026.

Pace - 2026 Company Profile, Team, Funding & Competitors

Pace is a series B company based in New York City (United States), founded in 2024 by Jamie Cuffe. It operates as a Provider of AI operations to reshape insurance processes and workflows. Pace has raised $56M in funding from Sequoia Capital and Thrive Capital. The company has 33 active competitors, including 7 that are funded. Its top competitors include companies like Simple, CambioML and Attributum.

Company Details

Provider of AI operations to reshape insurance processes and workflows. It offers AI agents that can handle tasks like submission intake, policy servicing, and first notice of loss. The AI integrates with existing back-office systems. It automates processes such as reading emails and documents, applying business rules, and taking actions via web or APIs.

Key Metrics

Founded Year

2024

Location

New York City, United States

Stage

Series B

Total Funding

$56M in 2 rounds

Latest Funding Round

Series B, May 27, 2026, $*****

Investors

Sequoia Capital & 3 more

Ranked

2^nd among 33 active competitors

Similar Companies

Simple & 27 more

View Pace's full profile

Pace has raised a total funding of $56M over 2 rounds. Its first funding round was on Jan 28, 2026. Its latest funding round was a Series B round on May 27, 2026 for $*****. 4 investors participated in its latest round. Pace has 4 institutional investors.

Here is the list of recent funding rounds of Pace:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 27, 2026	2575022	Series B	4953328	3839157	1152431	1181070
Jan 28, 2026	3760694	Series A	2267300	7109484	8875166	Sequoia Capital

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View details of Pace's funding rounds and investors

The founders of Pace is Jamie Cuffe.

Here are the details of Pace's key team members:

Jamie Cuffe: Founder of Pace.
Contact Info: 1 email address

View details of Pace's Founder profiles and Board Members

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Top competitors of Pace include Simple, CambioML and Attributum. Here is the list of Top 10 competitors of Pace, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Simple 2015, Paris (France), Series C	Provider of bot-based insurance policy management solutions	$123M	Idinvest Partners, KKR & 7 others	45/100
2nd	Pace 2024, New York City (United States), Series B	Provider of AI operations to reshape insurance processes and workflows	$56M	Emergence Capital, Thrive Capital & 2 others	38/100
3rd	CambioML 2023, San Jose (United States), Seed	Developer of artificial intelligence software for automating insurance document processing	$500K	Y Combinator, Agile Angel	31/100
4th	Attributum 2021, Mumbai (India), Unfunded	Insurtech company offering insurance process automation	-	-	31/100
5th	Tesora 2025, San Francisco (United States), Unfunded	Provider of AI-native software for automating and streamlining actuarial and underwriting workflows in the insurance industry	-	-	26/100
6th	AirPay 2022, New York City (United States), Seed	Provider of dental insurance verification solutions	-	Revere Partners	26/100
7th	Portage AI 2024, New York (United States), Unfunded	Provider of automated data processing software for financial services firms	-	-	25/100
8th	DataBraid 2025, Toronto (Canada), Seed	Developer of software automating data synchronization between insurance carrier portals	$1.9M	Koru	25/100
9th	AgentAI Accelerator 2009, Bellingham (United States), Unfunded	Home - AgentAI Accelerator	-	-	24/100
10th	Robocote 2020, Florianopolis (Brazil), Unfunded	Inicio - Robocote Tecnology Ai	-	-	24/100