Fundz

Pace, an AI startup focused on insurance operations, raised $10 million in Series A funding led by Sequoia Capital to enhance business process outsourcing.

PRIVATEJan 27, 2026

Amount Raised

$10 Million

Round Type

Series A

Artificial IntelligenceInsurance

Investors

Sequoia Capital

Description

Pace, an agentic AI startup founded in 2024 by Jamie Cuffe, has secured $10 million in Series A funding from Sequoia Capital. The funding will be used to improve operations in the business process outsourcing market, which is a significant area in the insurance industry. With clients including Prudential and The Mutual Group, Pace is poised to disrupt the industry. Sequoia partner Bryan Schreier is leading the deal, underscoring the vast opportunities within the insurance operations sector.

Quick answer

Pace raised $10 Million in a Series A round, dated January 27, 2026. Investors: Sequoia Capital.

How much did Pace raise?
Pace raised $10 Million in a Series A round on January 27, 2026.
Who invested in Pace?
Sequoia Capital is named as investors in this round.

Source: Fundz verified event record.

Who else raised in Insurance and Artificial Intelligence around the same time

Companies in the same sectors as Pace that raised within 45 days of this round, from Fundz verified event records.

  • Gradient AI raised an undisclosed amount (Debt Financing) on March 4, 2026.
  • Harper Insure raised $47M (Series A) on March 2, 2026.
  • Harper raised $47M (Series A) on February 25, 2026.
  • mea raised $50M (Funding Round) on February 25, 2026.
  • General Magic raised $7.2M (Funding Round) on February 24, 2026.
  • mea raised $50M (Private Equity) on February 17, 2026.

Who to call at Pace, and when

A new round usually means Pace is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Pace

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Pace raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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