# Lazarus AI Raises $43M for Independent AI

> Lazarus AI secures $43M funding to build AI for enterprises without data sharing.
- Title: Lazarus AI Raises $43M for Independent AI · AI Insider
- Summary: Lazarus AI secures $43M funding to build AI for enterprises without data sharing.
- Keywords: lazarus ai, funding round, insurers, government agencies, technology firms, document understanding, cybersecurity, legacy modernization, AI Insider
- Source: AI Insider — https://theaiinsider.tech/2026/11/05/lazarus-ai-raises-43m-to-advance-independent-ai
- Author: James Dargan
- Published: 2026-11-05T09:03:30+00:00
- Read time: 1 min
- Topics: lazarus ai, ai, funding round, insurers, government agencies, technology firms, document understanding, cybersecurity, legacy modernization, technology
## Funding Announcement
Lazarus AI raised $43 million from investors including QBE, State Farm Ventures, Mucker Capital, Motivate Ventures, Techstars, and Plug and Play.
## AI Applications
The company runs production AI for insurers, government agencies, and technology firms across document understanding, cybersecurity, and legacy modernization.
## Accuracy and Cost Savings
Document system lifts field-level accuracy 12.5 points over standalone models, cutting annual costs 78% versus pay-per-use models.
## Customer Control
Customers keep sensitive data in-house, approve every model change, and see evidence behind results.
## Key takeaway

Lazarus AI raised $43 million to expand AI for insurers, government, and tech firms while keeping data control.