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1Fort: AI platform automating commercial insurance underwriting for brokers serving mid-sized businesses, specializing in cyber and specialty lines.
Based in New York City, 1Fort is an AI-powered commercial insurance platform that automates underwriting and quoting processes for independent brokers and mid-sized businesses. The software focuses on cyber and specialty lines, helping enterprises assess security vulnerabilities while enabling brokers to save up to eight hours per week and increase bind rates by 20 percent. The company currently supports hundreds of brokers serving mid-market organizations that generate between $100 million and $2.5 billion in annual revenue. 1Fort has established strategic partnerships with several notable insurance firms, including IMA, INSURICA, and High Street Insurance Partners. The insurtech startup has raised $2 million in pre-seed funding from prominent backers such as Y Combinator and Village Global. 1Fort was founded in 2022 by Anthony Marshi and Toby Hung.
1Fort has raised $9.5M across 2 funding rounds.
1Fort has raised $9.5M in total across 2 funding rounds.
1Fort has raised $9.5M in total across 2 funding rounds.
1Fort's investors include Bonfire Ventures.
1Fort has raised $9.5M across 2 funding rounds. Most recently, it raised $7.5M Other Equity in April 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 17, 2025 | $7.5M Other Equity | Bonfire Ventures | |
| Jun 1, 2023 | $2.0M Pre-Seed |