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1Fort

32 Mercer St Fl 3, New York, NY, 10013, United States

Overview

1Fort builds an AI platform that automates broker workflows for business insurance, including autofilling applications, retrieving carrier quotes, comparing coverages, and integrating payment and financing options. Brokers using 1Fort reportedly save up to two hours per submission and increase bind rates by up to 20 percent. The company also offers complementary risk-management software to help businesses manage policies and proactively prevent claims. 1Fort has partnered with over a dozen leading brokerages and A‑rated carriers, including Arch, Tokio Marine HCC and Markel, and is licensed in all 50 states. Revenue grew nearly 200% month-over-month in 2024 and hundreds of independent brokers use the platform. The company plans to use the new funding to double down on AI features, hire talent, and expand broker and carrier partnerships. 1Fort provides a cyber insurance automation platform that integrates via API with businesses' existing tools to detect and remediate security issues and deliver real-time visibility into inside-out security posture. The platform helps teams close security gaps so customers become insurable and can secure favorable coverage terms and pricing. 1Fort distributes its service through partnerships with retail brokers, enabling brokers to support clients through security-control requirements and place cyber deals more efficiently. The company closed a $2M pre-seed financing and intends to use the funds to accelerate product development, make key hires, and strengthen broker relationships. 1Fort is led by co-founder and CEO Anthony Marshi and is based in New York City.

Total raised
$10M
Funding rounds
2
Latest round
Equity
Latest activity
Apr 2025

Industries

  • Artificial Intelligence (AI)
  • B2B
  • Insurance
  • Risk Management
  • SaaS
  • Software
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Recent funding

  1. Equity

    Apr 2025

    $8M

  2. Seed

    Jun 2023

    $2M

Team