0%

est. 2Y upside i

InsurTechSeries B

Pace is the agentic workforce for insurance. Pace’s AI agents navigate internal apps, reason across documents and make phone calls to automate tasks traditionally handled by business process outsourcers (BPOs). Pace works with leading insurers to handle mission-critical insurance operations like submission intake, policy servicing, claims handling and data entry.

Rank

#2920

Sector

Insurtech

Est. Liquidity

~4Y

Data Quality

Data: Low

Equity upside is highly uncertain due to missing revenue data.

Last updated: July 3, 2026

Bull (10%)0%

Revenue data missing. Assuming optimistic scenario requires 3x+ revenue growth and exit multiple expansion, but insufficient data to quantify.

Base (45%)0%

Revenue data missing. Base case assumes moderate growth and multiple convergence to public comps, but cannot compute without revenue baseline.

Bear (45%)0%

Revenue data missing. Bear case includes preference stack overhang and severe multiple compression; common stock could be worthless if exit below $65M.

Est. time to liquidity~4.0 years

Preference Stack Risk

high

Funding Intensity

17%

Total funding of $65M represents 17.3% of the $375M valuation, creating high preference overhang that could dilute common stock in a downside scenario.

Dilution Risk

moderate

Series B funds likely provide 18-24 months of runway; a subsequent round within 2 years is probable, diluting common equity by an estimated 15-25%.

Secondary Liquidity

none

No secondary market activity reported; equity is illiquid until a liquidity event.

Questions to Ask at the Interview

Strategic questions based on Pace's data — designed to show you've done your homework.

  • 1

    “How do you plan to defend against incumbent BPO giants like Cognizant and Wipro that have existing relationships and scale?”

  • 2

    “What is the current ARR and growth rate, and how does the usage-based pricing model align with customer adoption?”

  • 3

    “What is the expected dilution from future funding rounds, and what is the projected timeline to liquidity (IPO or acquisition)?”

Community

Valuation Sentiment

Our model estimates 0% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.