The round was led by Frontline Ventures with participation from Y Combinator, 1984, Liquid2, and Booom. The capital will be used to hire talent and accelerate product development, expanding beyond bespoke solutions for the Workers Compensation and Automotive insurance categories to offer a comprehensive AI platform for every line of insurance including all Property & Casualty lines, as well as healthcare.

Avallon builds AI agents that automate repetitive insurance claims tasks, helping TPAs, MGAs and carriers overcome staffing challenges and improve operational efficiency. Its platform uses conversational AI and cutting edge machine learning to automate calls, emails, document triage and data entry, seamlessly integrating with existing systems.