Anthony R. O’Donnell // February 19, 2026 
(Image credit: Andreas Hundt/Pixabay.)
Qumis (Chicago) has raised $4.3 million in an oversubscribed seed round led by MTech Capital, with participation from new strategic investor American Family Ventures and existing investors, bringing total funding to $6.75 million.
Dan Schuleman, co-founder and CEO, Qumis.
Qumis has developed an attorney-trained artificial intelligence platform designed to analyze commercial insurance policy language and deliver structured, citation-backed coverage insights for brokers, underwriters and claims professionals.
“The gold standard for coverage analysis