In an effort to feature more insurtechs, Digital Insurance has modified the format of our Meet the insurtech series.
Bobbie Shrivastav, CEO and co-founder of Solvrays, shared responses about the company and the technology it's using. Responses have been lightly edited.
What's the origin story of the company?
Solvrays was born from decades in insurance operations where we watched smart people waste hours on manual tasks across legacy systems. After scaling prior startups and advising carriers, our founders set out to build an agentic AI "command center" that turns messy back-office work into clean, orchestrated workflows—without the need to rip-and-replace core systems. The founders are on a mission to modernize legacy processes, improve outcomes, and build category-defining solutions that work for the people behind the process with their agentic-AI and business process management for the life and P&C markets.
When was it founded and/or when was the product launched?
The company formed on December 11, 2024. The minimum viable product (MVP) was launched at the ILTCI (Inspire, Lead, Trust, Collaborate, Innovate) conference in March 2025.
Can you tell me about the founders/founding team?
Bobbie Shrivastav, CEO, is a three-time founder, insurance and digital transformation expert, author, podcaster and industry speaker. She has led large digital transformations in her career. Her journey started with Docsmore, a workflow-driven, document-automation platform born from a deep personal experience—fighting through a mess of paperwork while trying to access maternity benefits after her daughter was born.
Outside of Solvrays, Shrivastav is the co-author of "Momentum: Makers & Builders" with Renu Ann Joseph—highlighting women and diverse innovators transforming insurance and tech. She is a co-host of Insurance Sync podcast with Laurel Jordan, where they dig into what's working, and what's not, across the insurance industry. Shrivastav is a fierce advocate for women in insurance and insurtech and has started many groups and events to bring women together. She is a member of
Soven Shrivastav, CTO, is also a three-time founder, enterprise architecture and AI/automation leader who has built scaled, secure platforms for carriers. He is deeply committed to pioneering fintech and insurtech solutions to solve real problems in respective organizations. With Solvrays, he is on a mission to propel workflow innovation, providing a blueprint for the industry's future.
Other early team members include a platform/product manager, full-stack and front-end engineers, and go-to-market partners across the ecosystem.
Any meaning behind the company name?
Solvrays comes from two words: to "solve" real problems and "rays" to shine light through operational chaos—turning dark corners of manual work into clear, automated paths.
How many employees?
A lean core team of 12, plus advisors and implementation partners such as Inforce Technologies.
Where is the company based?
Headquartered in Winston-Salem, North Carolina (Delaware Inc.).
What pain points is the technology trying to solve?
So much of existing back-office technology are legacy systems, lacking any AI capabilities. These legacy stacks are fragmented with limited APIs. The systems leverage RPA which is brittle and continuously failing. Insurers are dealing with most back-office tasks still being handled manually with rekeying, triage, exceptions. These legacy systems consist of slow, services-heavy automation that doesn't scale and lacks compliance and auditability, resulting in latency in decisions.
Solvrays unifies the back-office with agentic AI work flows–
What funding rounds has the company had?
Currently raising a $1.5M SAFE.
What's ahead?
Solvrays objectives are clear. We are focused on closing pre-seed and converting pilots to production across L&A and P&C lines of business. We continue to invest in expanding our "Genes" (PulseGene, DeskGene, DocuGene, ScribeGene, CalcGene) and our partner marketplace. We are also working closely with our current clients and POCs on delivering measurable outcomes such as reducing cycle time, exception rates, and cost per transaction reduction. Solvrays is excited to help the insurance industry leverage agentic AI to fine-tune chaotic workflows into intelligent orchestration.
