Reserv Announces $125 Million Series C Financing

Reserv raised a $125 million Series C led by KKR, with participation from Bain Capital Ventures, Flourish Ventures, and other strategic investors.

The company says it now serves nearly 200 insurers and related clients and has reached $100 million in annual recurring revenue.

The new capital will support the expansion of Reserv’s AI-native insurance claims administration and technology platform, signaling strong investor confidence in the business.