When was PCMI founded?

PCMI was founded in 2005 and raised its 1st funding round 16 years after it was founded.

Where is PCMI located?

PCMI is headquartered in Park Ridge, United States. It is registered at Park Ridge, Illinois.

How many employees does PCMI have?

As of Jul 31, 2026, the latest employee count at PCMI is 300.

Is PCMI a funded company?

PCMI is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jan 25, 2021.

When was the latest funding round of PCMI?

PCMI's latest funding was a $***** Series A round on Mar 17, 2025, with participation from 1 investor.

Where does PCMI rank among its competitors?

PCMI ranks 34th amongst 294 active competitors, of which 47 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was FurtherAI, which secured $30M in Oct, 2025.

Who are the top competitors of PCMI?

PCMI's top competitors include Guidewire, Duck Creek and FintechOS. Among them, FurtherAI secured the most recent funding round in October, 2025.

PCMI - 2026 Company Profile, Team, Funding & Competitors

PCMI is a series A company based in Park Ridge (United States), founded in 2005 by Mark Nagelvoort. It operates as a Software solutions for insurance and reinsurance industry. PCMI has raised an undisclosed amount in funding from First Analysis and Equality Asset Management. The company has 294 active competitors, including 47 funded and 53 that have exited. Its top competitors include companies like Guidewire, Duck Creek and FintechOS.

Company Details

PCMI Corporation provides software solutions for insurance and reinsurance industry. It offers solutions for policy administration, claims administration, performance reporting, Reporting etc. It serves insurers, reinsurers, brokers, agents and dealers. They provide risk management tools for offshore reinsurance reporting.

Website: www.pcmicorp.com/
Social
Email ID: *****@pcmicorp.com, *****@pcmicorp.com
Phone Number: +1 **********
Registered Address: Park Ridge, Illinois

Key Metrics

Founded Year

2005

Location

Park Ridge, United States

Stage

Series A

Latest Funding Round

Series A, Mar 17, 2025, $*****

Investors

First Analysis & 3 more

Ranked

34^th among 294 active competitors

Employee Count

300 as on Jul 31, 2026

Similar Companies

FintechOS & 756 more

View PCMI's full profile

PCMI is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PCMI CORPORATION CIN: 203014069 , United States, Active	Dec 31, 1999	-	90 (As on Dec 31, 2024)	-

PCMI has raised funding over 2 rounds. Its first funding round was on Jan 25, 2021. Its latest funding round was a Series A round on Mar 17, 2025 for $*****. 1 investor participated in its latest round. PCMI has 4 institutional investors.

Here is the list of recent funding rounds of PCMI:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 17, 2025	7733412	Series A	7611518	4636753	5945173	2215530
Jan 25, 2021	7756979	Seed	1821221	8900292	Equality Asset Management & 1 more	1735327

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View details of PCMI's funding rounds and investors

The founders of PCMI is Mark Nagelvoort.

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

Mark Nagelvoort: Founder & CEO of PCMI.
Contact Info: 1 email address

View details of PCMI's Founder profiles and Board Members

PCMI's employee count trend

PCMI has 300 employees as of Jul 26. Here is PCMI's employee count trend over the years:

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Top competitors of PCMI include Guidewire, Duck Creek and FintechOS. Here is the list of Top 10 competitors of PCMI, ranked by Tracxn score:

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	-	Battery Ventures, Sprout Capital Partners ... & 7 others	77/100
2nd	Duck Creek 2000, Boston (United States), Acquired	Provider of cloud-based solutions for property and casualty and general insurance	$350M	Dragoneer Investment Group, Temasek & 9 others	71/100
3rd	FintechOS 2017, London (United Kingdom), Series B	Provider of AI-based software suite for the banking and insurance industry	$146M	Gapminder, Cipio Partners & 12 others	68/100
4th	Bestow 2016, Dallas (United States), Series D	Developer of life insurance new business and administration software platform solutions	$216M	Valar Ventures, Goldman Sachs & 11 others	68/100
5th	Insurity 1985, Hartford (United States), Acquired	AI and cloud-based policy management and claims administration solutions	$57M	TA Associates, General Atlantic & 2 others	68/100
6th	Bold Penguin 2016, Columbus (United States), Acquired	Software suite for the commercial insurance industry	$50.1M	Hudson Structured, Pivot Ventures & 8 others	67/100
7th	iPipeline 1995, Exton (United States), Acquired	Cloud-based software suite for life insurance and financial services industry	$104M	TCV, Fidelity Ventures & 3 others	66/100
8th	Bravura Solutions 2004, Edinburgh (United Kingdom), Acquired	Software solutions for life insurance and wealth management	$28.4M	Ironbridge, Herald Investment Management	64/100
9th	FurtherAI 2023, San Francisco (United States), Series A	AI-powered automation platform for insurance industry tasks	$35.6M	Nexus Venture Partners, Y Combinator & 7 others	64/100
10th	Socotra 2014, San Francisco (United States), Series C	Cloud-based policy management and underwriting solutions for the insurance industry	$98M	MS&AD Ventures, Nationwide & 18 others	63/100
34th	PCMI 2005, Park Ridge (United States), Series A	Software solutions for insurance and reinsurance industry	-	Thoma Bravo, First Analysis & 2 others	54/100