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 (Anna Tong/Forbes)

<a href="https://www.forbes.com/sites/annatong/2026/05/27/thrive-and-sequoia-back-pace-with-46-million-to-automate-insurances-back-office/"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260527/i34.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260527/p34#a260527p34" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Anna Tong / <a href="http://www.forbes.com/">Forbes</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.forbes.com/sites/annatong/2026/05/27/thrive-and-sequoia-back-pace-with-46-million-to-automate-insurances-back-office/">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</a></b></span>&nbsp; &mdash;&nbsp; The startup says its AI agents can handle the dull work insurers have long shipped to offshore operators.</p>