Fintary raises $10M to automate insurance commissions and bring real-time revenue clarity
SAN FRANCISCO, CA - November 5, 2025 - Fintary, an AI-powered revenue growth platform for insurance organizations, announced a $10M Series A led by Infinity Ventures, with participation from Sierra Ventures and existing investors. This brings total funding to $12.8M and fuels Fintary's push to modernize financial operations across carriers, MGAs, and agencies.
The insurance commission problem, quantified
Commission management still runs on spreadsheets across many organizations. Teams spend 15-40 hours a week on processing, reconciliation, and reporting - time that should be focused on growth and distribution.
The cost of that manual work shows up everywhere: revenue leaks, payout delays, and clogged back-office workflows that slow hiring and onboarding of producers.
What Fintary automates end-to-end
Fintary replaces manual spreadsheets with an AI-powered platform that gives real-time visibility into revenue and agent payouts, while ensuring accuracy and on-time disbursements.
- Supports complex hierarchies and multi-level overrides
- Automates bonuses, splits, and chargebacks
- Delivers live profitability and payout reporting
- Reduces reconciliation from weeks to minutes
"I'll never forget staying up until 2AM on a Sunday, buried in spreadsheets trying to reconcile commissions," said Qiyun Cai, co-founder and CEO of Fintary. "And that's when I realized it had to stop. The industry deserves better."
Why this matters for carriers, MGAs, and agencies
- Cleaner books: fewer discrepancies and faster close
- Happier producers: transparent statements and timely payouts
- Stronger growth: leadership can reallocate time to recruiting and distribution
"Fintary stands out because they understand the insurance world from the inside out," said Jeremy Jonker, Co-Founder and Managing Partner at Infinity Ventures. "Their platform has processed millions in commissions - they know the pain of chargebacks and hierarchy overrides firsthand. That's why they're able to build technology that goes beyond efficiency. Fintary is helping insurers grow faster, operate smarter, and turn financial operations into a competitive advantage."
Who Fintary serves today
Fintary works with insurance organizations across life & annuity, employee benefits, health, and property & casualty. Customers report faster reconciliation, improved accuracy and transparency in commission payouts, and stronger agent satisfaction and retention.
What's next
With the new funding, Fintary will scale its team, expand product capabilities, and extend its AI platform into broader areas of insurance financial management.
Founding story and team
Fintary was founded by Qiyun Cai, who experienced the operational drag of manual commissions early in her career, along with co-founders Yu Chen and Michael Lee. The team blends deep insurance expertise with engineering talent from Google, Microsoft, and successful startups.
About Fintary
Fintary is an AI-powered revenue growth platform that automates commission processing and financial operations for insurance companies, helping them scale efficiently while improving agent satisfaction and loyalty. Founded by Qiyun Cai, Yu Chen, and Michael Lee, Fintary is building the infrastructure to support the next generation of people-powered insurance businesses. Learn more at https://www.fintary.com/.
Media contact
Lauren Gill
Lauren@mooringadvisorygroup.com
978-473-1362
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