Insurance

Armilla AI

Website
Founded 2020Origin source ↗Checked 2026-09-15

Overview

Armilla AI (YC W22) is the first YC-backed MGA and Lloyd's Coverholder dedicated to insuring AI-related risks. Armilla's insurance policies cover developers and deployers of generative AI and AI agents for performance and liability -- from errors and hallucinations, to incorrect decisions, data leakage, regulatory violations and more.

Company description As recorded 2026-11-08
LinkedIn About
InsuranceBusinessesEnterpriseTransaction fee

Founders & team

Karthik Ramakrishnan

Founder

Karthik is the President and Chief Business Officer for Armilla AI. He previously led go-to-market teams at Element AI as VP. He led the AI solutions and strategy for financial institutions and regulators globally. Previously he co-founded Blu Trumpet (CTO) and Gallop Labs (CEO). At Deloitte, he helped set up the global product factory and AI offerings. He has authored and published one of the widely cited whitepapers on Fairness evaluation of AI models and AI Enterprise strategy.

LinkedIn X
Founder profile As recorded 2026-09-15
14team members reported
Source-reported As recorded 2026-09-15

Founded 2020 · Source

News & product activity

Sources & observations

Y Combinator

Profile depthverified profile
Website observationwebsite reachable
Last website check2026-11-11
Location · source statedToronto, ON, Canada
Pricing evidenceNo pricing page confirmed
Maturity: Not assessed · 3 of 6 areas documented

Source-based assessment · automated evidence rules

The retained text does not establish product availability or customer use.

Maturity is an evidence-based assessment, not a success rating. It may understate the current stage where evidence is limited. Coverage records documented areas, not a complete or independently audited company history.

Stage definitions
independent websitesource corroborationreachable websitedescriptive evidenceclassified market and modelsourced peoplesourced founding year
startup.observe Directory coverage · Sources & method