Reserv is positioned as an AI-native TPA and claims platform that goes beyond automation to deliver better outcomes for claimants and customers, with KKR’s investment signaling leadership in next‑gen claims innovation.

KKR partners Patrick Devine and Elliot Bell emphasize Reserv’s differentiated AI-driven approach and its potential to outpace legacy claims models.

Industry voices from KKR and a board member underscore Reserv’s potential to lead the next phase of claims innovation through its AI-powered platform.

Following the funding, Reserv plans to double its capacity annually, targeting rapid scale in the Property and Casualty sector where automation has lagged.

Founded in 2022, Reserv serves nearly 200 insurers, captives, MGAs, and brokers, with about $100 million in ARR and more than 500 claims adjusters on staff.

As of May 2026, Reserv’s client base includes nearly 200 insurers, captives, MGAs, and brokers, positioning itself as a central infrastructure for global claims handling.

Reserv provides AI-enabled TPA services and claims analytics to about 200 clients, with ARR around $100 million and a staff of over 500 claims adjusters.

The round features participation from Bain Capital Ventures, Flourish Ventures, strategic partners, and clients, underscoring strong backing for Reserv’s growth.

Reserv plans to phase out legacy claims systems for clients within weeks and offers configurable automation, ranging from automatic handling to complex case support.

The release references Reserv, KKR, and Global Atlantic Financial Group with links for more information.

Reserv Inc. announced a $125 million Series C led by KKR, with participation from Bain Capital Ventures, Flourish Ventures, and select strategic partners and clients.

The New York‑based insurer‑tech company is financing to deploy an AI-native third‑party administrator platform and replace legacy systems.