AI firm Pace raises $46M Series B at $375M valuation

By PulseAugur Editorial · [1 sources] · 2026-05-27 17:34

Pace, an AI company focused on automating insurance operations, has secured $46 million in Series B funding led by Thrive and Sequoia, reaching a $375 million valuation. The funding round highlights significant activity across the AI sector, including Robinhood's new autonomous trading feature using AI agents, and major market cap milestones for memory chip manufacturers Micron and SK Hynix due to AI demand. Additionally, Cognition AI raised $1 billion at a $26 billion valuation, and ElevenLabs released its Music v2 model. AI

IMPACT Accelerates AI adoption in insurance and highlights broad AI investment trends across various sectors.

RANK_REASON The cluster contains a significant funding round for an AI company and other notable AI industry developments. [lever_c_demoted from significant: ic=1 ai=0.7]

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Mastodon — mastodon.social TIER_1 English(EN) · [email protected] · 2026-05-27 17:34

qwant news | NYC-based Pace, whose AI agents automate back-office operations for insurance companies, raised a $46M series B led by Thrive and Sequoia at a $375

qwant news | NYC-based Pace, whose AI agents automate back-office operations for insurance companies, raised a $46M series B led by Thrive and Sequoia at a $375M valuation AI generated summary, Read the full article for complete information. Robinhood announced a new feature that…

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qwant news | NYC-based Pace, whose AI agents automate back-office operations for insurance companies, raised a $46M series B led by Thrive and Sequoia at a $375

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