Kay.ai, a Brooklyn, NY-based AI-powered co-worker designed to eliminate manual data entry for insurance brokers and agencies, has raised $3 million in funding.
Investors
The round was led by Wing VC, with participation from South Park Commons, 101 Weston Labs, and several angel investors.
Wing Venture Capital is an early-stage VC firm based in Palo Alto, California, focused on AI-first technology startups. Founded in 2013, it has invested in companies such as Cohesity, Gong, Pinecone, and Snowflake. Beyond funding, Wing offers the Founder Success Platform, which provides strategic support in hiring, partnerships, and customer introductions.
Kay.ai Use of Funds
The company plans to use the funding to expand its team and extend automation beyond quoting to a broader range of servicing workflows for insurance brokers, Managing General Agents (MGAs), and carriers.
About Kay.ai
Founded by Vishal Rohra and Achyut Joshi, Kay.ai is an AI-powered co-worker designed to automate manual data entry and streamline back-office insurance operations. It eliminates tedious, repetitive tasks such as data extraction, form filling, and quoting, allowing insurance professionals to focus on high-value work. Its early clients include insurance agencies and brokers such as Johnson Insurance, The Fidella Agency, and Weed Ross Insurance.
Funding Details
Company: Kay.ai
Raised: $3.0M
Round: Unknown
Funding Date: March 2025
Lead Investor: Wing VC
Additional Investors: South Park Commons, 101 Weston Labs, angel investors
Company Website: https://www.kay.ai/
Software Category: AI & Automation for Insurance
Source: https://www.businesswire.com/news/home/20250328107164/en/