Plutus
Category: AI Agents
Plutus provides Agentic AI solutions built on the ServiceNow platform to modernize the insurance industry. Plutus was founded in 2023. The company is led by Chirag Jindal. Based in Chicago, Illinois, USA; Bengaluru, India; London, UK. Team size: 51-100. Total funding raised: Undisclosed. Latest round: Seed. Key investors include Moneta Ventures, ServiceNow Ventures.
- Founded
- 2023
- Headquarters
- Chicago, Illinois, USA; Bengaluru, India; London, UK
- Team size
- 51-100
- Total funding
- Undisclosed
Value proposition
To transform insurance operations by embedding practical, AI-driven automation to accelerate digital transformation and deliver tangible business outcomes.
Products and solutions
Plutus Atlas (insurance-native semantic layer / ontology), Plutus Navigator (agentic orchestration), Plutus Prism (decision visualization), Plutus Agentic Platform for Life & Annuity Operations (6 assists), P&C and Broker Operations agentic assists (incl. RiskReason), Plutus Cortex AI delivery suite, ServiceNow FSO implementation and modernization
Unique value
Plutus is founded by former ServiceNow leaders, giving them deep expertise in the platform. Their exclusive focus on the insurance industry allows them to tailor AI solutions to its specific needs. They emphasize a business-first approach, ensuring technology serves actual industry challenges.
Target customer
Insurance carriers, brokers, and TPAs (P&C, Life & Annuities, and commercial brokerages).
Industries served
Insurance
Technology advantage
Their core advantage is the development of Agentic AI solutions on the ServiceNow platform, which automates complex insurance processes. The founding team's insider knowledge of ServiceNow and the insurance sector provides a significant business advantage in creating practical, effective solutions.
How they differentiate
Plutus differentiates by focusing exclusively on building Agentic AI solutions for the insurance industry on the ServiceNow platform. Its founding team's deep experience as former ServiceNow leaders provides a significant advantage in platform expertise and industry connections.
Main competitors
Large technology consulting firms with ServiceNow practices (e.g., Accenture, Deloitte), Specialized AI solution providers for the insurance industry (e.g., Tractable, Zesty.ai), Other ServiceNow partners targeting the financial services and insurance sectors
Key partnerships
ServiceNow, Moneta Ventures
Notable customers
12 customers across life & annuity, property & casualty, and distribution partners (names mostly anonymized), Production deployments described for national L&A distributors, global brokerages, retirement/benefits providers, and retail P&C brokerages (plutustech.io/customer-stories)
Major milestones
Company launch in 2024 by former ServiceNow leaders., Secured initial Pre-Seed funding from Moneta Ventures., Secured a strategic investment from ServiceNow Ventures to accelerate innovation.
Growth metrics
60+ employees across US, UK, and India; 12 customers in production across L&A, P&C, and distribution; 14 production agentic assists across three operating lines (per company site/CEO, ~Jul–Aug 2026).
Market positioning
Plutus is positioning itself as a specialized, expert partner for insurance carriers and brokers looking to modernize their operations and implement AI-native solutions within the ServiceNow ecosystem. It is an emerging leader in this niche.
Geographic focus
The company is headquartered in Chicago, USA, suggesting an initial focus on the North American market.
Patents and IP
Information not publicly available.
About Chirag Jindal
Former VP & GM at ServiceNow with over 8 years of experience leading go-to-market strategy and business transformation in the financial services and insurance sectors. Holds an MBA from Kellogg School of Management and a B.S. in Computer Engineering from the University of Illinois Urbana-Champaign.
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Official website: https://plutustech.io/