Qumis

Qumis develops an AI-powered coverage intelligence platform for the insurance industry that provides attorney-grade analysis of insurance policies, enabling brokers, producers, claims investigators, carriers, MGAs, and TPAs to analyze, compare, and decide on complex coverage questions with cited, confidence-scored outputs. Founded by a coverage attorney and built with practicing counsel, Qumis is a purpose-built system for coverage analysis rather than a thin wrapper on a chat model, featuring a Coverage Ontology that represents coverage as objects and relationships rather than text, configured to each firm's playbooks, panels, and house style. The platform deploys Certified Agents, sixteen specialist AI agents at launch with one for every major line of business, that run long parallel analyses in the background to handle tasks including policy analysis, quote comparison, renewal review, coverage determination, claims advocacy, contract compliance, and proactive discovery. Every analysis draws on the coverage graph and every reviewed decision enriches it, compounding the firm's judgment over time. Qumis delivers attorney-grade outputs including comparisons, checklists, opinions, and client-ready deliverables cited to the page and clause, with SOC 2 Type 1 compliance, isolated compute per session, no training on client data, and human review paths by design. Independent surveys show 73% of users caught a material coverage issue they would have missed, 64% won or retained a client, and 92% would be disappointed to lose access. Founded in 2022 and headquartered in Chicago, United States, Qumis has raised approximately $6.8 million at the Seed stage from investors including Armory Square Ventures, MTech Capital, Grand Ventures, Alumni Ventures, BrokerTech Ventures, and American Family Ventures.