Reserv, the parent company of Reserv Claims Analysis, LLC- the Property and Casualty (P&C) Insurance industry's largest AI-native third-party administrator and Reserv Technologies, LLC- a claims intelligence provider- announced a $125 million Series C funding round led by KKR, with participation from existing investors including Bain Capital Ventures and Flourish Ventures, as well as select strategic partners and clients.

Founded in 2022, Reserv provides TPA services and technology to nearly 200 insurers, corporate captives, MGAs, and brokers. The company has achieved strong commercial traction, with annual recurring revenue (ARR) reaching $100 million and rapid year-on-year growth as it scales its platform.