Outmarket, which uses AI to help insurance agencies and brokers automate their tedious paperwork, raised a $34.5M Series B, a source says at a $335M valuation (Marina Temkin/TechCrunch)

Outmarket’s $34.5M Series B underscores continued investor confidence in vertical AI tools that can remove high-cost, manual work from regulated industries like insurance. For CIOs and technology leaders, the bigger signal is that document-heavy workflows are becoming prime candidates for automation, with potential gains in throughput, accuracy, and operating margin if these tools can integrate cleanly with existing systems and compliance controls.