This AI startup just raised $7.5m to fix commercial insurance for America’s 24m underprotected small businesses
April 18, 2025
1Fort announced today a $7.5 million seed funding round to improve how small businesses obtain commercial insurance through its AI-powered platform. The New York-based startup, which has experienced 200% month-over-month revenue growth in 2024, aims to automate the outdated, manual processes that have left millions of small businesses underinsured.
Bonfire Ventures led the oversubscribed round…