Reserv raises $25M in Series B funding led by Flourish Ventures to enhance claims automation and develop new modules.
Amount Raised
$25 Million
Round Type
Series B
New YorkInsuranceInvestors
Description
Reserv, a NYC-based tech-enabled third-party administrator (TPA), raised $25M in Series B funding, bringing total funding to $55M. The round was led by Flourish Ventures with participation from BCV, Altai Ventures, and Accenture Ventures. The funds will be used to build enhanced claims automation models and develop new non-claim modules. Founded in 2022, Reserv has grown to over 350 employees in the US and UK.
Quick answer
Reserv raised $25 Million in a Series B round, dated June 4, 2025. Investors: Accenture Ventures, Bcv, Altai Ventures and Flourish Ventures. Reserv is based in New York, New York, United States.
- How much did Reserv raise?
- Reserv raised $25 Million in a Series B round on June 4, 2025.
- Who invested in Reserv?
- Accenture Ventures, Bcv, Altai Ventures and Flourish Ventures are named as investors in this round.
- What does Reserv do?
- Reserv leverages modern systems and creates new cutting-edge solutions to optimize any P&C claim.
- Where is Reserv based and how big is it?
- Reserv is based in New York, New York, United States. Fundz records about 520 employees.
- Who are the decision-makers at Reserv?
- Fundz holds 2 contacts at Reserv, including the Senior Vice President, US Claims. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Insurance around the same time
Companies in the same sectors as Reserv that raised within 45 days of this round, from Fundz verified event records.
- Loro raised $1.1M (Seed) on July 16, 2025.
- High Street Holdco raised $3.8M (Seed) on July 16, 2025.
- Coverflow raised $4.8M (Seed) on July 16, 2025.
- Laka raised $10M (Series B) on July 15, 2025.
- Bang Jamin raised $4M (Pre-Series A) on July 15, 2025.
- Yasmina raised $2M (Seed) on July 14, 2025.
Who to call at Reserv, and when
A new round usually means Reserv is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Reserv raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Reserv, from your own LinkedIn network
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Funding Insights
What this usually meansReserv 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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