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1Fort secures $7.5 million in funding to expand its AI-driven platform that streamlines business insurance workflows for brokers. The company automates data entry, quote comparisons, and proposal generation, helping reduce submission time and improve coverage outcomes. With licensing in all 50 states and rapid revenue growth, 1Fort is scaling its operations and partnerships across the insurance industry.
Why Business Insurance Still Runs on Emails and PDFs
Insurance brokers remain essential to the U.S. economy, with 70% of businesses depending on them for coverage. Despite this reliance, broker workflows are heavily manual and outdated. Day-to-day operations involve handling PDFs, filling out redundant forms, and managing long email threads. These inefficiencies contribute to a broader systemic issue: 75% of businesses are underinsured. Roughly 21 million companies in the U.S. face exposure to cyberattacks, supply chain disruptions, and other fast-developing threats without proper protection. The gap in coverage and digital preparedness continues to widen in an increasingly risk-heavy environment.
Meet 1Fort: The AI Platform Brokers Didn’t Know They Needed
1Fort was built to bring automation into insurance workflows and streamline the process for brokers. The platform leverages AI to simplify critical tasks involved in securing business insurance. Its features are designed to eliminate hours of manual work per submission while increasing bind rates. Brokers using 1Fort are able to shift their focus to client relationships instead of administrative bottlenecks. The system allows for:
- Fetching and autofilling client data into insurance applications
- Simultaneous submissions to multiple A-rated carriers
- Instant quote analysis and side-by-side comparisons
- Generating polished proposals on demand
- Retaining clients through proactive risk-management tools
By consolidating these steps into one workflow, 1Fort removes the need for fragmented systems and excessive manual input.
$7.5 Million That Signals More Than Just Capital
1Fort recently announced a $7.5 million funding round. The round was oversubscribed and led by Bonfire Ventures. Additional backing came from Draper Associates (Tim Draper), Karim Atiyeh (Founder of Ramp), and returning investors such as Village Global, Operator Partners, 8-Bit Capital, Character VC, and Company Ventures. This brings the total amount raised by 1Fort to $10 million. The financial injection supports the company’s plan to develop deeper AI capabilities and scale operations nationwide.
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What Makes 1Fort’s AI Tools a Game-Changer for Brokers
1Fort’s platform is tailored to reduce friction in insurance brokerage workflows. Automation begins with retrieving and populating client information into complex insurance forms. Submissions that previously required separate entries for each carrier are now handled concurrently. Quote comparisons are generated within seconds, providing brokers with immediate clarity. The proposal generation feature further shortens turnaround time, presenting clean and professional documents to clients with minimal effort.
These efficiencies result in up to two hours saved per submission and a lift in bind rates by as much as 20%. The reduction in redundant tasks also enables brokers to offer more timely guidance and improve client retention.
From Startup to Nationwide: 1Fort’s Fast-Tracked Expansion
1Fort is now licensed in all 50 states. Its platform integrates with multiple major insurance carriers, including Arch, The Hartford, and Markel. The company experienced a 200% month-over-month revenue increase during 2024, reflecting rapid adoption and operational growth. These developments demonstrate 1Fort’s ability to scale quickly and adapt its platform to various insurance categories and partners.
What Comes Next in 1Fort’s Playbook
Following the funding, 1Fort plans to invest further in its AI roadmap. This includes enhancements to automation, decision support tools, and user interface upgrades. Resources will also go toward scaling engineering and product development teams. The company aims to deepen its partnerships with carriers and brokerages to strengthen its position in the insurance technology space.
Why This Moment Matters for the Insurance Industry
The insurance sector, long marked by legacy systems and fragmented workflows, faces increasing pressure to modernize. 1Fort emerges in this context as a response to inefficiencies that directly affect business risk exposure. With its AI-first approach and growing ecosystem of carrier integrations, the company enables brokers to move away from reactive work and toward more predictive and preventative strategies. The result is not only improved broker performance, but also better insurance outcomes for the businesses that rely on them.
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