El Dorado Hills insurance BPO and AI firm offering policy checking, quote comparison and data extraction tools for insurers.
Founded in 2005 and headquartered in El Dorado Hills, US, Patra Corporation provides technology-enabled insurance business process outsourcing and AI tools for agencies, wholesalers, managing general agents and carriers. Its Patra AI platform includes Policy Checking AI, Quote Compare AI and Policy Data Extract AI, with clients in the United States, Canada and parts of Asia. In September 2022 FTV Capital invested USD 146 mn in a recapitalization deal, and John Simpson is CEO. It is at Series C stage.
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