SureTech, a Korean startup operating the AI insurtech platform Carsure, has secured Pre-series A funding from Dayli Partners. The funds will be used to expand the market presence of Carsure and enhance system integration with insurance companies.

This investment is particularly meaningful as it comes at a time when early-stage funding in fintech, including insurtech, has generally contracted. It signifies recognition of SureTech’s technological capabilities and performance in the domestic automotive claims sector.

Carsure is a platform that automates the entire insurance claims process—from accident reporting and repair shop matching to cost estimation, settlement, and coordination with relevant institutions. The platform connects insurers and repair shops in real time and is currently fully operational with three insurance companies and mutual aid associations. It has delivered tangible results, such as reducing average claims costs and increasing the rate of vehicle inflow to preferred repair partners. SureTech is also pursuing additional contracts with seven more insurers and associations by the end of this year.

SureTech was founded by the core team behind Rencar (RENCAR), an automated insurance rental car claims platform that successfully integrated with the systems of 16 insurance companies. Rencar revolutionized the rental car business model through digitalization and significantly reduced claim processing time per case for insurers. It is widely regarded as a leading success case in the insurtech industry, having automated matching between insurers and rental car companies and laying the groundwork for automated claims assessment. Leveraging this experience, SureTech plans to use the new investment to take the lead in driving digital transformation in the automotive claims market.

Sung Yong-hoon, Executive Director at Dayli Partners, stated, “SureTech has already proven market demand for automated insurance claims platforms through the success of Rencar. With its extensive industry experience, networks, and technical expertise, the company is well positioned to drive structural innovation in the auto repair segment of the claims process.”

A former analyst and head of strategic investments at Lotte Insurance, Sung added that his deep understanding of the insurance industry enabled him to identify SureTech at an early stage. He further noted, “SureTech has the potential to become the next CCC Intelligence Services—the leading auto insurance claims automation platform in the U.S., valued at approximately USD 5.6 billion (KRW 8 trillion).”

CEO Kwak Kwon-il commented, “We aim to build a claims infrastructure that delivers tangible value to both insurers and repair shops. By leveraging data-driven decision-making and AI automation, we intend to establish a new standard in Korea’s insurtech market.”