Lawyer-developed AI-powered platform for commercial insurance coverage intelligence, announced a $4.3 million oversubscribed seed round led by MTech Capital, with participation from new strategic investor American Family Ventures and all previous investors. Total funding reached $6.75 million.
Chicago-based Insurtech said it will deploy the capital to expand its go-to-market team and deepen product capabilities as demand increases from large brokers, carriers, and coverage-focused law firms.
Qubis’ platform combines proprietary document processing with multi-stage legal reasoning trained on thousands of real-world coverage analyses.
Quamis had previously raised $2.2 million in pre-seed funding.
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