Tech-Enabled TPA Reserv Raises $125M in Series C Funding
Reserv, a tech-driven third-party administrator (TPA), has raised $125 million in its Series C funding round led by KKR. The company plans to use the funds to scale AI-powered insurance claims processing and expand capacity from handling 500,000 complex claims annually to 30 million over four years.
Tickers: $KRC
Topics: AI fintech insurance TPA services