How much funding has Avallon raised?

Avallon has raised $4.6M in total funding. Their latest funding round was Seed. Key investors include Frontline Ventures (lead), Y Combinator, 1984, Liquid2, Booom.

Where is Avallon headquartered?

Avallon is headquartered in New York, NY, USA. The company has a team of 1-10 people.

What does Avallon do?

Avallon operates in the AI Agents sector. Avallon builds AI agents that automate back-office insurance claims operations for carriers and TPAs. AI agents handle routine claims calls, document review, and data entry so human adjusters can resolve cases faster and with fewer errors.

When was Avallon founded?

Avallon was founded in 2025. It is based in New York, NY, USA.

How much funding has Avallon raised?

Avallon has raised $4.6M in total funding. Key investors include Frontline Ventures (lead), Y Combinator, 1984, Liquid2, Booom.

Who is the CEO of Avallon?

Cornelius Schramm is the CEO of Avallon. The company was founded in 2025.

Where is Avallon located?

Avallon is headquartered in New York, NY, USA.

What funding stage is Avallon at?

Avallon is currently at the Seed stage.

How many employees does Avallon have?

Avallon has approximately 1-10 employees.

Avallon

Category: AI Agents

Avallon builds AI agents that automate back-office insurance claims operations for carriers and TPAs. Avallon was founded in 2025. The company is led by Cornelius Schramm. Based in New York, NY, USA. Team size: 1-10. Total funding raised: $4.6M. Latest round: Seed. Key investors include Frontline Ventures (lead), Y Combinator, 1984, Liquid2, Booom.

Founded: 2025
Headquarters: New York, NY, USA
Team size: 1-10
Total funding: $4.6M

Value proposition

AI agents handle routine claims calls, document review, and data entry so human adjusters can resolve cases faster and with fewer errors.

Products and solutions

Claim Intaker (phone/email/file FNOL), Case Status Receptionist (inbound status calls), Third Party Reacher (outbound to employers/providers/injured workers), Case Copilot, Dialer/Orchestrator/Parser document & communication agents

Unique value

Purpose-built multi-agent AI system that plugs directly into existing claims management systems, cutting claims processing time by ~90% based on founder claims.

Target customer

Insurance carriers, MGAs, and TPAs; live across Workers Comp, P&C, and Health lines in the US and Europe.

Industries served

Insurance / InsurTech (Workers Comp, P&C, Health; TPAs, MGAs, carriers)

Technology advantage

Founding team combines direct domain experience (fleet claims ops at FINN) with applied ML research (Cornell) and enterprise product consulting (EY), enabling fast, domain-specific AI agent deployment into legacy claims workflows.

How they differentiate

Focus on full back-office automation (calls, documents, and data entry) as autonomous AI agents rather than single-point analytics tools; founder-market fit from direct fleet claims operations experience.

Main competitors

EvolutionIQ, Five Sigma (Clive AI claims adjuster), other AI claims automation/insurtech platforms

Key partnerships

Integrates with existing claims management systems (CMS) used by carriers/TPAs, backed by Y Combinator (S25 batch).

Notable customers

Athens Administrators (CA multiline/WC TPA), Johnston & Associates (P&C TPA), JAG Source, claimini (German fleet manager)

Major milestones

Founded 2025 by Cornell grad students, joined YC Spring 2025 batch, shipped first product version around Christmas 2024/25, landed first customer weeks later, announced $4.6M seed round in November 2025.

Growth metrics

YC lists team size 7 (NYC); Athens case study: 2,000+ calls/month, 64% auto-resolved, 4.6/5 CSAT; ~90% processing-time cut claimed; seven-figure ARR cited on YC jobs page.

Market positioning

Early-stage challenger automating the labor-intensive back office of insurance claims amid an adjuster staffing shortage, targeting carriers/TPAs directly.

Geographic focus

United States (insurance claims market)

About Cornelius Schramm

Founding U.S. engineer at FINN (car subscription/fleet platform), scaled ops infrastructure from 0 to $15M ARR; witnessed broken fleet claims processes firsthand.

Latest news about Avallon

Avallon secured 4.6 million dollars in seed funding to address the insurance labor crisis, with 400,000 workers leaving by 2026. Their multimodal AI agents automate the full claims lifecycle, from voi

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Official website: https://www.avallon.ai/