1Fort Secures $7.5M to Enhance AI-Powered Business Insurance
1Fort has raised $7.5 million in a funding round led by Bonfire Ventures to automate business insurance processes using AI.
AI applications in financial services, including trading platforms, FinTech, risk management solutions, accounting systems, and wealth management technologies.
1Fort has raised $7.5 million in a funding round led by Bonfire Ventures to automate business insurance processes using AI.
Pinpoint Predictive has achieved an independent fairness certification from ZwillGen's AI Division, marking a significant step in ethical AI for insurance.
TruthSayer AI has launched the world's first AI Hedge Fund-in-a-Box, offering hedge fund-level insights to retail investors through a mobile app and desktop subscriptions.
Blend has announced the creation of its Financial Services Advisory Board, aiming to accelerate AI adoption in the financial sector.
Pipe has acquired Glean.ai to integrate spend management capabilities into its financial services, enhancing tools for small businesses.
Medius has appointed John Seery as Chief Technology Officer to enhance its AI and machine learning capabilities, according to a press release.
Auradine has raised $153 million in a Series C funding round led by StepStone Group, bringing its total funding to over $300 million. The funds will support the expansion of its blockchain and AI infrastructure solutions.
Blue Onion has raised $10 million in a Series A funding round led by Viola FinTech to expand its AI-driven financial data infrastructure.
Tredence has acquired Further Advisory, enhancing its capabilities in financial services and insurance consulting, as announced in a press release.
Friday Harbor has raised $6 million in a seed round led by Abstract Ventures to expand its AI-powered platform for community lenders.
Liberate has appointed Stuart Ganis as Senior Vice President of Sales and Business Development to enhance AI adoption in the insurance sector.
Matt Merritt, CEO of Snap.Build, has been appointed as the new CEO of Emerie.ai, a company focused on AI solutions for financial institutions.
Inveniam Capital Partners has acquired Hedgehog Invest Limited to advance its data infrastructure for private markets, enabling scalable AI solutions.
Personetics has announced the appointment of Puneet Malhotra as Chief Revenue Officer to lead global sales operations and drive growth in the Cognitive Banking sector.
FiscalNote has announced the addition of Greg Alexander as Vice President of Engineering and Gerry Campbell as Strategic Advisor for Technology Acceleration to drive growth and innovation in AI-powered policy management solutions.
Lakshmi Finance Center has launched TradeGenius AI 4.0, introducing advanced learning capabilities and a re-engineered infrastructure.
Nomentia has enhanced its cash flow forecasting solutions with AI features, offering more precise and real-time financial insights for businesses.
Intuit has partnered with Google Cloud to simplify tax preparation for TurboTax users by expanding autofill capabilities for common tax forms using AI technology.
Aquila Clouds has appointed Angelo Pruscino, the creator of Oracle RAC, as their new Chief Technology Officer to lead advancements in AI and cloud financial management.
Ominimo, a Polish AI insurtech startup, has received its first external investment from Zurich Insurance Group, valuing the company at $220 million.
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