Comulate is a San Francisco-based software company founded in 2022 that specializes in AI-powered accounting automation and revenue intelligence for large insurance brokers and agencies. The company has raised a total of $20.05 million in funding, including a $20 million Series B round led by BOND and Workday Ventures. Comulate has quickly established itself as a core software provider in the insurance industry, addressing manual back-office challenges and automating revenue processes.
The platform offers end-to-end automation for various functions, including direct bill processing, carrier statement reconciliation, cash application, and revenue integrity. It integrates seamlessly with major agency management systems, CRM, and ERP software, enhancing data quality and visibility. Comulate's solutions have saved clients significant time and resources, recovering lost commissions and improving operational efficiency. The company collaborates closely with top insurance firms and has received positive feedback from early adopters, driving continuous development and expansion of its offerings.