KKR leads Reserv USD 125 million Series C financing round

KKR & Co

KKR & Co

KKR

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  • KKR led Reserv $125 million Series C financing to accelerate AI-driven automation in property and casualty insurance claims.
  • Reserv, founded in 2022, operates an AI-native third-party administrator business through Reserv Claims Analysis, with Reserv Technologies providing claims intelligence.
  • Company provides TPA services and technology to nearly 200 insurers, MGAs, brokers, corporate captives.
  • Annual recurring revenue reached $100 million, with more than 500 claims adjusters on staff.
  • Funding earmarked to scale annual complex claims capacity from 500,000 to 30 million over next four years, targeting automation of a large share of non-field-based commercial P&C claims.


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