Overview
Strala is a claims technology platform for carriers and MGAs that automates end-to-end claims processing using large language models and machine learning. The platform handles the full claims lifecycle -- from first notice of loss through settlement and subrogation -- within a single integrated system, replacing the fragmented point solutions typical of legacy claims operations.
The platform is delivered as a technology-enabled TPA service, meaning Strala not only provides the software infrastructure but also executes the claims work on behalf of clients. The system integrates AI automation with human oversight to handle coverage verification, fraud investigation, reserve setting, and resolution management. Strala reports outcomes including one percentage point improvement in loss ratios, faster cycle times, and significantly higher claims data visibility for client carriers.
Founded in 2024 by Timon Gregg (CEO) and Armando Schmid (CTO), Strala raised a USD 3.8M seed round from Founders Fund and Emergence Capital, reaching six-figure ARR within its first three months. In April 2026, the company raised a USD 51.3M Series B, bringing total funding to USD 55.3M, and serves 26 US-based clients.
Products & Services
Claims Platform
Strala's end-to-end claims platform automates the full claims lifecycle using LLM-driven workflows combined with human claims professionals. The platform is designed for carriers and MGAs seeking to outsource claims operations without losing visibility or control.
Key Features
- AI FNOL intake with automated first notice of loss processing
- Coverage verification and policy eligibility checks
- Investigation and fraud detection using AI-powered risk assessment
- Claims file setup, triage, and intelligent prioritization
- Estimating and adjustment with damage assessment and reserve setting
- Resolution management including settlement processing and closure
- Subrogation and third-party recovery services
- QA and oversight with quality assurance monitoring and human review
Target Users: P&C carriers, MGAs, and TPAs seeking to reduce claims costs and improve cycle times
At a Glance
- Founded
- 2024
- Headquarters
- San Francisco, CA, USA
- Employees
- 11-50
- Funding
- Series B
Category & Focus
- Category
- Claims Technology
- Subcategories
- Claims Automation FNOL Fraud Detection Subrogation Third-Party Administration
- Insurance Verticals
- P&C Commercial P&C Personal Specialty/E&S
- Target Customers
- Carriers, MGAs/MGUs, TPAs
Customers
- 26 US-based carrier and MGA clients (as of 2026)
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Last updated: 2026-05-18