Tech Company Financing Transactions
Qumis Funding Round
Qumis, based in Chicago, secured $2.2 million in funding from Armory Square Ventures, Alumni Ventures and BrokerTech Ventures.
Transaction Overview
Company Name
Announced On
1/21/2025
Transaction Type
Venture Equity
Amount
$2,200,000
Round
Seed
Investors
Armory Square Ventures (Lead Investor)
private investors (Sean Harper)
private investors (Tom Schaaf)
Proceeds Purpose
The company intends to use the funds to scale its AI capabilities, accelerate product development, and expand its customer base.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Undisclosed
Chicago, IL Undisclosed
USA
Chicago, IL Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
We elevate coverage knowledge to help insurance experts make better, faster decisions. Qumis harnesses the power of AI to empower insurance professionals to do what they do best: their job.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Dan Schuleman
Chief Technical Officer
Shiv Sinha
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Where The Data Comes From
Our team works diligently to record every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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