Notch Raises $30 Million in Series A Funding
Notch, a company specializing in deploying AI agents for insurance and finance with built-in governance, has successfully raised $30 million in a Series A funding round. The investment, announced on March 25, 2026, was led by Headline Management Company, with participation from Lightspeed Venture Partners LP, Jibe Ventures, Illuminate Financial Management, and Phoenix Insurance.
Company Background and Offerings
Founded in 2021 by Elool Jacoby and Rafael Broshi, Notch initially started as a specialty insurer aiming to harness AI to improve customer service and operational efficiency. The company identified that existing AI tools were often opaque and unsuitable for industries with stringent regulatory frameworks. This led to the development of their own AI operating system, designed to provide the necessary controls, transparency, and reliability for regulated businesses.
Notch's platform automates processes such as claims, customer support, and back-office operations. It supports conversational workflows, allowing professionals like adjusters and underwriters to query complex documents in natural language and receive structured, traceable responses. The system also automates high-volume tasks by processing documents, extracting data, and prioritizing time-sensitive requests.
Use of Funds
The newly acquired funds will be directed towards expanding Notch's AI operating system within the U.S. market and further developing its platform. Co-founder and CEO Rafael Broshi noted, "The insurance industry is beginning to understand the full potential of agentic AI."
Leadership Team
The company is led by co-founders Elool Jacoby, who serves as Chief Product Officer, and Rafael Broshi, the Chief Executive Officer. Their leadership has been pivotal in steering Notch towards creating a robust AI solution tailored for the stringent requirements of regulated industries.
Investor Involvement
Headline Management Company spearheaded the funding round, joined by notable investors such as Lightspeed Venture Partners LP, Jibe Ventures, Illuminate Financial Management, and Phoenix Insurance. These investors bring a wealth of experience and resources that will aid Notch in its growth trajectory.
With this fresh capital injection, Notch is well-positioned to advance its mission of transforming operational workflows in regulated sectors through compliant, scalable AI solutions.