Matcha
AI-powered platform for sponsoring and administering captive insurance companies and Risk Retention Groups.
Overview
Matcha is a captive insurance administration platform for mid-market organizations, trade associations, and vertical SaaS companies. The platform handles the full operational lifecycle of captive insurance programs and Risk Retention Groups (RRGs), including onboarding, policy administration, claims processing, compliance reporting, and data quality management. By combining insurance domain expertise with AI-driven automation, Matcha enables organizations to operate their own insurance entities without the traditional overhead.
The platform is delivered as a SaaS solution built on Agentic AI and large language models. Core capabilities include automated workflow engines for policy and claims administration, real-time risk analytics with live dashboards, compliance reporting automation, and secure integrations with existing captive service providers and third-party vendor systems.
Founded in 2025, Matcha closed a USD 2M seed round in October 2025 and onboarded its first customers through pilot programs by early 2026. The company had approximately 15 employees as of Q1 2026 and has attracted press coverage for its AI-led approach to making captive insurance more accessible to mid-market companies.
Products & Services
AI-Led Captives Administration Platform
A comprehensive SaaS platform for sponsoring and administering captive insurance companies and Risk Retention Groups. The platform automates key operational workflows using Agentic AI and integrates with existing captive service providers.
Key Features
- Onboarding automation for new captive program participants
- End-to-end policy lifecycle management with AI assistance
- Automated claims processing and workflow management
- Compliance and regulatory reporting automation
- Real-time risk analytics with live dashboards and automated alerts
- Secure collaboration and integrations with third-party systems and vendors
Target Users: Trade associations, vertical SaaS platforms, and mid-market companies operating captive insurance programs or RRGs
At a Glance
- Founded
- 2025
- Headquarters
- San Francisco, California
- Employees
- 11-50
- Funding
- Seed
Category & Focus
- Category
- Core Administration
- Subcategories
- Captive Insurance Administration Claims Workflows Compliance Reporting Risk Analytics
- Insurance Verticals
- Specialty/E&S
- Target Customers
- Employers, MGAs/MGUs, Carriers
Links
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Last updated: 2026-06-15