# Palomar funding: rounds and investors

> Palomar has raised $450M across 1 round since 2026. Investors include JP Morgan and JP Morgan Chase. Every round with its source.

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

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

# Who invested in *Palomar*

One round we have observed, with the 2 investors named in it. 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 9 months ago

Funding summary Updated 26 Oct 2026

**$450M** raised across 1 round since 2026, from 1 source

- **Latest round:** Debt, $450M Feb 2026
- **Investors:** 2

See who backed them

## The rounds

- **Feb 2026** Debt **$450M** [JP Morgan](https://millionrounds.com/fund/jpmorgan) [JP Morgan Chase](https://millionrounds.com/fund/j-p-morgan-chase) Source recorded

## Founders and team

From Palomar's own website: 11 on the team.

- **Mac Armstrong** President
- **Angela Grant** Chief Risk Officer
- **Chris Uchida** Chief Legal Officer
- **James Long** Chief Actuarial Officer
- **Jon Christianson** Chief Financial Officer
- **Jon Knutzen** Chief Underwriting Officer
- **Robert Beyerle** Chief Operating Officer
- **Rudy Hervé** Deputy Chief Risk Officer
- **Sheri Scott** Chief People Officer
- **Tim Carter** Chief Strategy Officer
- **Elizabeth Seitz** Head of AI

## Everyone who backed them

[JP Morgan](https://millionrounds.com/fund/jpmorgan) Investment bank **1** round

[JP Morgan Chase](https://millionrounds.com/fund/j-p-morgan-chase) Corporate VC **1** round

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

## Quick answers about Palomar

### Who invested in Palomar?

Palomar's investors include JP Morgan and JP Morgan Chase.

### How much has Palomar raised?

Palomar has raised $450M across 1 round since 2026.

### When did Palomar last raise?

Palomar's most recent round was a Debt of $450M in Feb 2026.

### What was Palomar's biggest round?

Its most recent round, $450M in Feb 2026, is also its largest on record.

### Who backed Palomar first?

Palomar's first round on record, in Feb 2026, was backed by JP Morgan and JP Morgan Chase.

### What stage is Palomar at?

Palomar's latest named round is a Debt, in Feb 2026.

### Where is Palomar based?

Palomar is based in the United States.

## Companies like Palomar

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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