Insurtech TPA Reserv brings Series B to $41 million with QBE-led $16 million investment

Reserv Secures Additional Funding in Series B Round

Insurtech company Reserv, a third-party administrator (TPA), has successfully raised an additional $16 million in its upcoming Series B funding round. This latest investment brings the total raised in this round to $41 million.

Key Players and Investors

The funding was led by QBE Ventures, a prominent venture investment firm within the insurance space. New strategic partners joined the round, which also saw ongoing support from existing investors like Bain Capital Ventures and Flourish Ventures. This diverse group brings a wealth of industry expertise, which could benefit Reserv as it looks to expand its operations.

What This Means for Reserv

With this injection of capital, Reserv plans to enhance its technology and service offerings. The company aims to improve its TPA solutions, which are crucial for helping insurers manage claims and policyholder interactions more effectively. As the insurtech sector continues to evolve, securing funding is vital for maintaining competitive advantages and supporting growth initiatives.

Impact on the Industry

The additional funding not only bolsters Reserv's financial position but also signals confidence in the insurtech sector. As more funds flow into innovative companies like Reserv, it reflects a larger trend of investment in technology-driven solutions to improve efficiency within the insurance industry.

Overall, this funding round marks a significant step for Reserv as it seeks to broaden its reach and enhance its offerings in the commercial insurance landscape.

Original Source: https://www.theinsurer.com/program-manager/news/insurtech-tpa-reserv-brings-series-b-to-41-million-with-qbe-led-16-million-2025-09-16/