# Adaptive insurance funding: rounds and investors

> Adaptive insurance has raised $10M across 2 rounds since 2025. Investors include Congruent Ventures, Connecticut Innovations and Seraphim Space.

Source: https://millionrounds.com/company/adaptive-insurance (Millionrounds; every figure on the page links to its filing or article)

United States · [Seed startup](https://millionrounds.com/companies)

# Who invested in *Adaptive insurance*

2 rounds we have observed, with the 3 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Insurtech

Raised 4 months ago

Funding summary Updated 26 Oct 2026

**$10M** raised across 2 rounds since 2025, from 2 sources

**$5.0M** Seed **$5.0M** Seed

- **Latest round:** Seed, $5.0M Jul 2026
- **Investors:** 3

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2025 2026

**$5.0M** Seed

**$5.0M** Seed

- **First round:** Seed, $5.0M
- **Biggest round:** $5.0M
- **Between rounds:** 17 months

## The rounds

- **Jul 2026** Seed **$5.0M** *2 new* *1 returning* [Connecticut Innovations](https://millionrounds.com/fund/connecticut-innovations) [Seraphim Space](https://millionrounds.com/fund/seraphim-space) [Congruent Ventures](https://millionrounds.com/fund/congruent-ventures) Source recorded
- **Feb 2025** Seed **$5.0M** *1 new* [Congruent Ventures](https://millionrounds.com/fund/congruent-ventures) Source recorded

## Founders and team

From Adaptive insurance's own website: 2 founders, 6 on the team.

**Mike Gulla** CEO and Co-Founder

**Arik Yelovitch** CTO and Co-Founder

- **Gusty Clarke** Chief of Staff
- **Ann Byington** Head of Marketing
- **Brett Sobol** Head of Business Development
- **Jessie Zhu** Head of Data Science
- **Devin Gray** Insurance Operations Lead
- **Jack Rollins** Agency Success Lead

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2025 **Seed** 2026 [Congruent Ventures](https://millionrounds.com/fund/congruent-ventures) [Connecticut Innovations](https://millionrounds.com/fund/connecticut-innovations) [Seraphim Space](https://millionrounds.com/fund/seraphim-space)

## Everyone who backed them

[Congruent Ventures](https://millionrounds.com/fund/congruent-ventures) VC firm **2** rounds

[Connecticut Innovations](https://millionrounds.com/fund/connecticut-innovations) Government **1** round

[Seraphim Space](https://millionrounds.com/fund/seraphim-space) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=adaptive-insurance).

## Also claim to have backed them

These 4 firms list Adaptive insurance as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Sunna Ventures](https://millionrounds.com/fund/sunna-ventures) VC firm Per its own site

[Generation Space](https://millionrounds.com/fund/generation-space) VC firm Per its own site

[Montauk Capital](https://millionrounds.com/fund/montauk-capital) Venture studio Per its own site

[Montauk Climate](https://millionrounds.com/fund/montauk-climate) Incubator Per its own site

## Quick answers about Adaptive insurance

### Who invested in Adaptive insurance?

Adaptive insurance's investors include Congruent Ventures, Connecticut Innovations and Seraphim Space.

### How much has Adaptive insurance raised?

Adaptive insurance has raised $10M across 2 rounds since 2025.

### When did Adaptive insurance last raise?

Adaptive insurance's most recent round was a Seed of $5.0M in Jul 2026.

### What was Adaptive insurance's biggest round?

Its most recent round, $5.0M in Jul 2026, is also its largest on record.

### Who backed Adaptive insurance first?

Adaptive insurance's first round on record, in Feb 2025, was backed by Congruent Ventures.

### What stage is Adaptive insurance at?

Adaptive insurance's latest named round is a Seed, in Jul 2026.

### Where is Adaptive insurance based?

Adaptive insurance is based in the United States.

## Companies like Adaptive insurance

In the same sector, and raised in the last eighteen months.

[**Stand** $105M · Oct 2026](https://millionrounds.com/company/stand)[**Ledgebrook** $265M · Oct 2026](https://millionrounds.com/company/ledgebrook)[**Charter Space** $5.0M · Oct 2026](https://millionrounds.com/company/charter-space)[**Beagle Labs** $7.8M · Sept 2026](https://millionrounds.com/company/beagle-labs)[**Angle Health** $1.2B · Sept 2026](https://millionrounds.com/company/angle-health)[**Corridor** $25M · Sept 2026](https://millionrounds.com/company/corridor)

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