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Stock impact report

CARA RAISES $8 MILLION TO HELP EVERY INSURANCE BROKERAGE GROW ITS BOOK [Yahoo! Finance]

Blend Labs, Inc. Class A (BLND) 
Company Research Source: Yahoo! Finance
NEW YORK March 31, 2026 /PRNewswire/ -- Cara , the AI platform for insurance brokerages, today announced $8 million in seed funding led by Kearny Jackson, with participation from Claire Hughes Johnson (Former COO, Stripe), Kevin Mahaffey (Founder, SNR), Sam Hodges (CEO, Vouch Insurance), and Colin Evans (Startups and Partnerships, OpenAI) Cara gives insurance brokerages, agencies and wholesalers the AI infrastructure to grow, automating sales and servicing workflows so teams write more business, reduce errors, and keep clients better served. Cara_Logo Cara was founded by Vic Yeh, Nikhil Kansal, and Jonathan Patel, operators from Blend Labs, Stripe, and Strategy&, who built and sold a digital insurance brokerage, created the tools to run it, and are now turning it into a battle-tested product for every insurance professional in the country. "We built Cara because we lived this problem," said Vic Yeh, Co-Founder & CEO of Cara. "As part of a trillion-dollar global insurance indust Show less Read more
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