ManageMy has announced a fresh $45 million in funding, including $20 million from a Series B round. The company aims to expand its AI-powered insurance platform that helps streamline insurance operations. This new investment signals strong confidence from existing and new investors as ManageMy looks to grow its presence globally.

Strategic Investment to Drive Growth

The Series B funding was co-led by Ventura Capital and OCVC, with additional support from BNF and several strategic leaders from both traditional insurance and InsurTech sectors. This follows earlier backing from Ventura and OCVC, who also led the company’s Series A. While the valuation has not been disclosed, the continued involvement of current investors shows they believe in ManageMy’s future.

ManageMy is building a modern alternative to legacy insurance portals and point solutions. Its platform offers an integrated front-end and decision layer, making insurance operations more efficient. Currently, over 45 major insurance carriers and broker groups in North America rely on ManageMy’s platform to support life, health, and property and casualty lines.

Modernizing the Insurance Industry

The insurance industry is under pressure to move faster, cut costs, and improve customer experience across sales, underwriting, and claims. Many carriers still use fragmented systems that slow decision-making and create operational friction. ManageMy’s platform aims to solve these issues by providing a unified operating system that enhances decisioning and automation.

Stephen Collins, CEO and Co-Founder, said the funding validates their vision of creating a smarter, more integrated insurance operating model. He explained that ManageMy was designed to grow with insurers, offering scalable features that add value over time. The company plans to focus on expanding product offerings, increasing distribution, and turning client success into steady recurring revenue.

Plans for International Expansion and Innovation

ManageMy intends to strengthen its footprint in North America while expanding into Asia Pacific and Europe. International markets are a key focus as insurers seek scalable digital solutions. The company will also invest heavily in AI development — including workflows that can act on agent input, explainable decision systems, and automation in underwriting processes.

Product development will focus on enhancing existing services and adding industry-specific modules. To support this growth, ManageMy will scale its sales, engineering, and customer success teams. Hiring will prioritize engineers, implementation specialists, and client success managers to support enterprise clients and build long-term relationships.

Founded by Sean O’Connor, a co-founder of the FinTech unicorn Zilch, ManageMy is building what it calls a “Deep Front-End” category — a comprehensive platform that reimagines insurance operations with AI and modern tech. The company aims to become a key infrastructure partner for the global insurance industry, helping carriers modernize and compete in a digital-first world.

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• https://justainews.com/companies/funding-news/managemy-raises-45m-in-series-b-funding/