Anthony R. O’Donnell // April 17, 2025 
(Image source: Pixabay/Shutterstock.)
1Fort (New York), a VC-backed InsurTech leveraging cutting-edge AI technology to automate business insurance for brokers has raised $7.5 million in an oversubscribed funding round led by Bonfire Ventures (Los Angeles), bringing its total capital raised to $10 million. The round also included Draper Associates, Karim Atiyeh (founder of Ramp), and existing investors Village Global, Operator Partners, 8-Bit Capital, Character VC, and Company Ventures.
Anthony Marshi, Co-Founder and CEO, 1Fort.
1Fort provides an AI-powered platform designed to automate commercial insurance workflows