We’ve raised $5 million to advance our specialized AI for insurance! Insurance teams are being asked to do more than ever – underwriting more policies, auditing faster, and managing increasing claims volume. But they’re stuck with outdated tools that weren’t built for today’s scale. The result? 90% of global insurable risk remains uninsured. Not because it’s uninsurable, but because the workflows to access it are too slow and expensive. Further AI is changing that. We’re building AI Assistants designed specifically for insurance, automating the manual processes that slow teams down – submissions processing, policy comparison, underwriting audits, and more. And it’s already making an impact: - A leading MGA doubled underwriter productivity - A risk exchange audits twice as many policies with 20% faster reviews - A regional insurer accelerated policy comparisons by 95%, improving both speed and accuracy This funding allows us to automate more high-impact workflows across the insurance value chain, build deeper system integrations, and grow the team behind Further AI’s rapid progress. This round was led by Nexus Venture Partners, with support from Y Combinator, Pioneer Fund, South Park Commons, Converge VC, and Xceedance. A huge thank you to our investors and our valued customers for believing in us and supporting our mission. A quick PSA - We're expanding our team! For those passionate about AI and eager to tackle real-world problems, check out our careers page. We're just getting started. #AI #Insurance #Funding
FurtherAI
Software Development
San Francisco, California 7,538 followers
Domain-specific AI For Commercial Insurance.
About us
FurtherAI is a domain-specific AI for the insurance industry. Our AI Assistant automates complex workflows like submission intake, policy comparisons, and underwriting audits—making teams faster, smarter, and more efficient. Leading insurers, reinsurers, MGAs, and brokers rely on FurtherAI to drive better decisions at scale. Backed by top investors including Y Combinator, Nexus, South Park Commons, and Converge, FurtherAI supports customers writing over $15B in premiums across all 50 states.
- Website
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furtherai.com
External link for FurtherAI
- Industry
- Software Development
- Company size
- 11-50 employees
- Headquarters
- San Francisco, California
- Type
- Privately Held
- Founded
- 2023
Locations
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Primary
128 King St
301
San Francisco, California 94107, US
Employees at FurtherAI
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Aaron Davidson
Senior Vice President, Broking & Strategy at Trucordia | Experienced Insurance & Tech Executive | Ex-McKinsey | Championing Growth and Profitability…
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Raul Dominguez Martin
Strategic Board Advisor | CMO & COO | Digital Media & OTT Pioneer | Leveraging AI & Tech to Accelerate Business Growth
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Timothy Sedivy
Sales Director | MBA Candidate | Curious About What’s Next in Insurance
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Giancarlo Fissore
AI engineering @ FurtherAI
Updates
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Headed to Broker Tech Connect: Chicago 2025 this week? Our CEO & Co-Founder, Aman is moderating a panel session: Managing Change in a Changing Industry, alongside innovation leaders within Insurance! When: Aug 6, 10:30–11:00 AM Where: Grand Ballroom #1 Panel: Mark Rose (TPG), Sam Hosey (AF Group), Kacie Conroy, MBA, CBAP (M3 Insurance), Ritesh Koul (Celsior) We’ll talk about what actually works: meeting different change styles on the floor, creating real ownership so it feels like their idea, what insurance can borrow from fintech’s first movers, one hard-earned lesson from each panelist, and alot more. If you’re at BTC:Chicago 2025, swing by Grand Ballroom #1 (visit Table #10 to enter our raffle) and join us! BrokerTech Ventures
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FurtherAI reposted this
In Chicago all next week for BrokerTech Connect. Only two stickers on my laptop: FurtherAI and BrokerTech Ventures - felt like the right place to be. If you’re around and tired of AI demos that never make it past the deck, come find me. See you there 🤝
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FurtherAI reposted this
How do two industry outsiders turn a pink box of donuts into an AI engine trusted by insurance professionals writing $50B+ in premium? Curiosity, and a lot of door knocking interviews. Aman Gour and I drove around San Francisco swapping donuts for insurance war stories from underwriters and brokers. Every tale pointed to the same villain: legacy systems that steal hours and stall growth. That’s why we built FurtherAI - an insurance-first automation AI that pulls the busywork out of submissions, policy checks, and claims audits, so the experts can focus on risk. Our team is fueled by donuts but we’re in need of more talented brains! → Software & Forward deployed engineers → Insurance workflow specialists → GTM storytellers Want to build AI that disrupts the insurance industry? Join us.
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Legacy systems weren’t built for today’s 80,000 row excel sheets. That leaves underwriters forced to go through 600,000+ cells by hand - valuable time that should go toward assessing the right risk, not spreadsheets. A top-10 global insurance carrier with over $20B in gross written premium partnered with FurtherAI and integrated our Complex SOV Intake AI resulting in: ↳ 50,000 locations cleaned & validated in 10 minutes ↳ 90% of intake automated with 95% accuracy ↳ 646% ROI from time won back What this means for insurance professionals: • Same-day quotes keep brokers happy • Underwriters work on risk, not data entry • Process more policies with the same team • Intake drops from days to minutes You drive the expertise, we clear the busywork. Ready to see what FurtherAI can do for your business? Let's talk!
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Meet Giancarlo Fissore, our newest Founding AI Research Engineer! From building autonomous robots at MIT to fine-tuning large language models, he’s spent years pushing the frontier of what machines can do. Now he’s bringing that expertise to commercial insurance at FurtherAI, helping insurance professionals move faster, work smarter, and focus on what really matters. Because at the end of the day, it’s not about the AI. It’s about the people we’re building it for. We’re hiring. (Link to open roles in comments.)
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Insurance is a data business with service at the front. Like Aman says in this interview with Insurtech Insights, AI and LLMs (large language models) are like having the world’s knowledge neatly organized in a zip file, ready for use. Bringing that intelligence to insurance professionals transforms everything. It turns manual, legacy processes into faster, simpler, and more accurate decisions across underwriting, claims, and beyond. At FurtherAI, we provide that zip file to insurance professionals so teams can operate at scale without compromising accuracy. Special shout out to Insurtech Insights and Isabelle Vleminckx for this interview! If you're ready to take it Further, let's chat.
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Policy checks in legacy systems steal hours from insurance professionals forcing teams to comb through PDFs to see what changed between two policies. FurtherAI’s Policy Check & Compare solution gives your teams that valuable time back: • 20× faster side‑by‑side comparisons → quicker responses for brokers. • Coverage gaps and endorsements flagged on the spot with citations. • 95% less manual effort → underwriters get to assess the right risk. One mid-sized insurer with $1B in premium partnered with FurtherAI to streamline their policy management processes and achieved 400% ROI within months. Ready to see how much busywork we can lift off your plate? Let’s chat.
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Heading to BrokerTech Connect: Chicago in Illinois? So are we! Find team FurtherAI at Table #10 and see firsthand how our AI eliminates the busy work in commercial insurance. Here’s what you’ll learn in five minutes: ↳ Brokers: clear submissions in minutes and deliver quotes days faster. ↳ Carriers: cut policy‑comparison time 95% and price risk with confidence. ↳ Wholesalers: process complex accounts 30× faster without adding head‑count. Swing by for a live demo and connect with us on August 5-6th! Let’s reimagine insurance workflows together, in Chicago.
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We’re thrilled to welcome Giancarlo Fissore to FurtherAI! With a Ph.D. in Machine Learning and degrees in Theoretical Physics, Giancarlo brings a rare blend of deep research and hands-on engineering. From award-winning robotics at MIT to building LLM-driven solutions, he’s spent his career turning complex ideas into real-world impact across startups and global research hubs. At FurtherAI, he’s bringing that expertise to insurance - helping us build AI that cuts through the noise and eliminates hours of busywork for insurance professionals. We’re not offering $100M signing bonuses. We’re building a place where the best AI minds come to do the best work of their careers - and help insurers do the best work of theirs. We’re hiring! Link to open roles in comments.
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