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Coverager reports Polygrade’s $6.3 million raise
Coverager, an insurance and insurtech news site, reports Polygrade’s $6.3 million raise and its AI agents for warranty claims.
Toronto
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Coverager, which covers insurance and insurtech, reported Polygrade’s $6.3 million raise on October 7, 2026.
The item explains how Polygrade, starting with home warranty, uses AI agents to perform claims work, from triage and authorization to parts sourcing and contractor payment. It notes that Polygrade is already in production with enterprise warranty companies and works with a network of parts suppliers.
It includes a quote from David Steckel, founder and CEO of Polygrade, on why warranty never got its modern software moment and what changes when AI can understand a claim and act on it.
About Polygrade
Polygrade is an AI-native claims management platform for the warranty industry. Polygrade uses specialized AI agents across the claims lifecycle, from first notice of loss through contractor payment. Founded in 2025 by veterans of Sears Home Services, Thumbtack and Setter, Polygrade has offices in Toronto, St. George, Utah and Austin, Texas, and serves warranty companies, suppliers and service providers across the United States. For more information, visit polygrade.com.
Media contact
Jess Poindexter
jess@polygrade.com
