Liberate Innovations Raises $50 Million Series B Led by Battery Ventures to Scale AI-Powered Insurance Automation Platform

Liberate Innovations Inc., a San Francisco–based insurtech startup that automates core processes for property & casualty insurance carriers and agencies, has raised US $50 million in its latest Series B funding round. The round was led by Battery Ventures, with participation from new investor Canapi Ventures and returning backers including Redpoint Ventures, Eclipse Ventures, and Commerce Ventures. This raise brings Liberate’s total funding to US $72 million.

Founded in 2022 by Amrish Singh, Ryan Eldridge and Jason St. Pierre, the company offers AI-driven “reasoning agents” that integrate with insurers’ core systems to manage workflows across sales, service, claims, email, voice, SMS and digital channels. The platform aims to resolve entire insurance processes—such as quoting, claims intake, endorsements and servicing—rather than simply automating individual tasks.

The Series B financing comes after an initial seed round of US $7 million which was led by Eclipse and announced in January 2023. That seed investment helped fund the launch of Liberate’s low-code SaaS platform focused on claims and underwriting automation. With the new capital, Liberate now puts a strategic emphasis on scaling its reasoning-AI stack and expanding deployments across major carriers and agencies globally.

Liberate’s pitch to insurers involves embedding its AI agents directly into existing operational systems rather than replacing them entirely. According to company statements, the platform has already achieved measurable impact for early customers, including increases in sales of up to 15% and operational cost reductions of roughly 23%. One cited case reportedly reduced hurricane-claims response time from 30 hours down to 30 seconds.

Battery Ventures’ partner Marcus Ryu will join Liberate’s board as part of the Series B. Ryu commented that Liberate is “delivering enterprise value” by combining voice AI and end-to-end workflow automation in an industry burdened by large legacy systems and high labor costs. The insurtech also recently appeared on Redpoint’s “AI64” list of top emerging enterprise AI companies, underscoring investor confidence in its market positioning.

The timing of the raise aligns with mounting pressure on the insurance industry—global labor costs in P&C operations are estimated in the tens of billions annually. Liberate claims its reasoning-AI agents are designed to navigate regulated insurance conversations and transactions with auditable workflows, providing both cost savings and enhanced customer experience for insurers and their policyholders.

Liberate’s business model focuses on high-value use cases: voice-first intake, first notice of loss (FNOL), claims triage, commercial servicing and renewal workflows where automation can replace large internal teams. The company emphasises its ability to deploy relatively quickly—within weeks rather than months—through pre-built integrations with major carrier core systems and agency management software.

Despite the momentum, Liberate faces challenges typical for enterprise-AI deployments in highly regulated sectors. Scaling across multiple insurance carriers, achieving deep system integrations, maintaining compliance in conversational AI, and demonstrating long-term ROI across diverse geographies and product lines are all key tasks. The company must continue proving its automation at scale and delivering on its promise of high ROI and regulatory safety.

With the US $50 million Series B secured, Liberate plans to accelerate product development of its reasoning-AI agents, broaden its geographic and enterprise footprint, and deepen integration across carriers and agencies. As it moves from early validation into broader rollout, the company aims to further disrupt the insurance operating model by automating complex workflows and reshaping how insurers handle sales, service, and claims.